Streetwise Oil & Gas - Exploration & Production Articles
What's the Deal with Oil Prices?
Source: Byron King, The Daily Reckoning (6/13/12)
"Is the oil investment space under a pricing assault? I doubt it. Here's why: 40% of global oil production comes from places where the national governments cannot afford oil prices to go much lower."
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Duvernay Oil & Gas Stocks: Which Companies Will Emerge the Winners?
Source: Keith Schaefer, Oil & Gas Investments Bulletin (6/13/12)
"There's no doubt that Duvernay will be a Big Boy's game, requiring large acreage positions and even larger amounts of capital."
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Chart: The Natural Gas Bottleneck
Source: Adam English, Resource Investor (6/12/12)
"The opportunity is obvious when we glance at the chart. Energy companies want to get liquefied natural gas on ships and into Asia, where they can take advantage of higher prices."
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Why Solar and Natural Gas Will Be Central to US Energy Policy
Source: Greentech, Sheldon Kimber (6/12/12)
"The development of hydraulic fracturing technology shares the spotlight with solar photovoltaic as the greatest revolution in energy in the last 50 years."
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The US Oil Boom: Partying Like It's 1998
Source: The Atlantic, Jordan Weissmann (6/12/12)
"Thanks to new drilling in North Dakota, Texas and the Gulf of Mexico, the United States is now pumping the highest crude oil volumes the country has managed since 1998."
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What Does Spain's Bailout Mean for Energy?
Source: Kent Moors, Oil & Energy Investor (6/11/12)
"When a recovery emerges, the energy sector tends to move up quicker than the market as a whole. That, combined with a strengthened euro, will further bolster energy."
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Oil Prices Due to Rise With Iran Oil Embargo Looming
Source: Ben Gersten, Money Morning (6/11/12)
"Three possible scenarios could escalate oil prices as high as $440/bbl."
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The Best Oil ETFs for Any Move in Crude
Source: Larry D. Spears, Money Morning (6/7/12)
"Oil price estimates range from a fairly conservative average of $104/bbl, as forecast by the EIA, to a turmoil-driven $200/bbl. Either one represents a substantial profit opportunity for energy bulls."
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Japan's 2012 Summer Oil Demand for Power to Hit 10-Year High
Source: Takeo Kumagai and Hector Forster, Platts (6/6/12)
"The country's nuclear utilization rates have a direct impact on crude, fuel oil and LNG consumption for thermal power generation."
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Who Will Be the Next Key Oil and Gas Supplier?
Source: Tasmin Carlisle, Platts (6/5/12)
"International petroleum companies have found the last frontier for onshore oil and gas exploration, and they are hustling to develop energy infrastructure."
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Study: Fracking Emissions Are 50% Lower than EPA Estimate
Source: Steve Everly, Energy InDepth (6/5/12)
"The bigger story is that these substantially lower emissions estimates demonstrate how committed the industry is to reducing environmental impacts, even without new regulations."
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Italian Gov't Plans to Amend 2010 Offshore Oil and Gas Drilling Ban: Senator
Source: Alina Trabattoni, Platts (6/4/12)
"The planned changes would aim to boost local production of oil and gas, which has declined at a time when energy imports have become increasingly costly and vulnerable to disruption."
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FSRUs: The Leading Edge of the LNG Market
Source: Keith Schaefer, Oil and Gas Investments Bulletin (6/3/12)
"Floating Storage and Regasification Units cost less than half the cost of an onshore facility. The benefits to Japan now, which is in a proverbial 'space race' to meet its electricity needs, are that they can be ordered, made and delivered in 2–3 years, versus 5–7 years for an onshore import terminal."
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You Need a Strategy for These Uncertain Times: Here's Mine
Source: Kent Moors, Oil & Energy Investor (6/2/12)
"Red ink is splattering across the investment markets today. Paltry new jobs figures (69,000 new jobs, less than half of what was expected) have combined with the ongoing mess in Europe and lagging figures from China to sap investor confidence. This latest action will further depress oil prices, as the rash of bad news translates into even more knee-jerk projections of reduced demand."
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Natural Gas: Following T. Boone Pickens into the Energy Patch
Source: G. S. Early, Money Morning (6/1/12)
"An iconic Southwestern energy patch player, T. Boone Pickens has built a legacy over the decades that proves the old Texas saying: 'It's not the size of the dog in the fight, but the size of the fight in the dog.'"
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Coal and Shale Gas: American's Energy Siblings Are Locked in Rivalry
Source: Marin Katusa, Casey Research (5/30/12)
"Coal is the reigning champ is this competition, having provided at least 50% of the electricity consumed in the U.S. for many decades. Natural gas and renewables contribute to help meet peak-demand needs, but neither has come close to challenging coal's grip on power."
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Oil Price Forecast: Expect Oil Prices to End the Year Higher
Source: Larry Spears, Money Morning (5/30/12)
"Forecasts for oil prices in the second half of 2012 and on into 2013 are varied, but there's one point on which virtually all agree: Oil prices won't be going down."
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Canadian Oil Explorers Pump Profits Abroad: Frederick Kozak
Source: Zig Lambo of The Energy Report (5/29/12)
Smaller Canadian-based companies are exploring and producing in countries all over the globe, in areas that may present even greater returns in the coming years. Frederick Kozak, oil and gas research analyst at Canaccord Genuity, draws on nearly 30 years of experience in the field to focus on investment opportunities in locations ranging from New Zealand to Colombia and Egypt. In this exclusive interview with The Energy Report, he discusses hospitable jurisdictions (it's not what you think) and which companies are flourishing in them.
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What This Global "Texas Standoff" Means for Oil Price
Source: Kent Moors, Oil & Energy Investor (5/25/12)
"The rising tension between Tehran, on the one hand, and Washington and Brussels, on the other, is still the single most serious geopolitical element impacting the global oil market today."
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Is Natural Gas a Deflation Catalyst?
Source: Jared Levy, Zacks Investment Research (5/25/12)
"While a conversion to natural gas has been difficult in the past, we may have the perfect storm of price, technology and politics to propel this initiative to wide adoption."
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Investing in the Eagle Ford Shale Oil Play
Source: Keith Schaefer, Oil & Gas Investments Bulletin (5/25/12)
"Eagle Ford production will continue to rise—production is forecast to jump to 1.2 Mboe/d in 2015—with a surge in drilling permits."
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Oil Drops on Iran's Agreement to Allow Nuclear Inspectors
Source: Bloomberg, Moming Zhou (5/22/12)
"Crude slipped as agreed to let Western nuclear inspectors into the country, easing concern that the conflict over its atomic energy program would disrupt Mideast supplies."
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Here Come the Aussies
Source: Kent Moors, Oil & Energy Investor (5/22/12)
"Don't look now, but the order is about to see a new global leader: Australia! Projections now put the country on schedule to displace Qatar as the world's major LNG exporter."
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Time to Buy Oil and Gas Services ETFs?
Source: Zacks ETF Research (5/21/12)
"The influx of hydraulic fracturing created a shale gas production boom in the U.S., and new drilling technologies are playing the key roles in the growth of oil and gas equipment companies."
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China's Domestic Natural Gas Production Throttles Back
Source: Yen Ling Song, Platts (5/21/12)
"A combination of less domestic demand and rising imports means that China is cutting back on its own production of natural gas. But there's more to the relationships that lead to this reduction."
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