Turkmenistan Has World's Second Largest Gas Field
Source: AFP  (5/26/11)
"The isolated republic has sought was to expand its client base beyond its neighbors in Eastern Europe." More >

DOE: Oil and Gas Supplies Grew
Source: Associated Press  (5/26/11)
"Crude supplies rose by 600,000 barrels to 370.9 million barrels." More >

Oil Drops Below $101
Source: CNBC  (5/26/11)
"A weaker dollar failed to compensate for mixed signs over U.S. crude demand." More >

Egypt Increases Domestic Energy Supplies
Source: Al-Masry Al-Youm, Ashraf Fekry  (5/25/11)
"The current liquid petroleum gas crisis is 'fabricated.'" More >

UK Panel: No Water Risk from Fracking
Source: The Wall Street Journal, Guy Chazan  (5/25/11)
"Committee found risks of water contamination were due to issues of well integrity." More >

U.S. Sues Big Oil Traders
Source: Business Day  (5/25/11)
"If they're alleging manipulation, the data is pretty dramatic." More >

Pickens Responds to Obama's Nat Gas Fleet Order
Source: Oil & Gas Financial Journal  (5/25/11)
"This is the leadership we need on this critically important issue." More >

Gasoline Rises as Goldman, Morgan Increase Oil-Price Forecasts
Source: Bloomberg, Barbara Powell  (5/24/11)
"Morgan Stanley increased its Brent oil 2011 outlook by 20% to $120 a barrel; Goldman estimated prices would hit $130." More >

Kevin McCarthy: Closed-End MLPs Offer Simplified Tax Filing
Source: JT Long of The Energy Report  (5/24/11)
In the past several years, MLP returns have exceeded S&P 500 performance. Kevin McCarthy, chairman and CEO of Kayne Anderson's four closed-end funds, says MLPs are attractive to investors who seek income and total returns. Although 2011 performance has lagged due, in part, to concerns about possible MLP-taxation changes, Kevin explains why a widespread change in the taxability of pass-through entities is highly unlikely in this exclusive interview with The Energy Report. More >

Rick Rule: Oil Will Be Major Economic Driver
Source: Rick Rule  (5/23/11)
Global Resource Investments Founder Rick Rule likes to look for unpopular investments because that usually means the prices are cheap. Today, that means oil, natural gas, uranium and geothermal. In this Energy Report exclusive excerpt from his talk at the Casey Research Conference in Baton Rouge, Rule explains the global forces that will lead to big payoffs in undervalued energy stocks. More >

Search for More Oil Creates Scramble in Washington
Source: AHN  (5/23/11)
"Government concern about rising oil prices is intensifying conflicts over how to find new energy supplies." More >

U.S. Approves LNG Export Terminal
Source: UPI  (5/23/11)
"The approval is for the export of LNG from the Sabine Pass terminal in Louisiana." More >

Gas to Fuel Middle Eastern Power Sector for 20 Years
Source: SteelGuru  (5/23/11)
"Natural gas will remain the dominant fuel choice for the power sector." More >

The Fracking Controversy
Source: Marin Katusa, Casey Research  (5/20/11)
"While the fracking controversy continues, what the investor needs to do is the same as always: separate the wheat from the chaff." More >

IEA Urges Oil Producers to Lift Output
Source: New York Times, Matthew Saltmarsh  (5/19/11)
"There's an urgent need for additional supplies on a more competitive basis." More >

Shale Information Initiative Launched
Source: Scranton Times-Tribune  (5/19/11)
"Organizers who are native to the regions seek to educate their communities about the resource's potential benefits." More >

Senate Fails to Expand Offshore Drilling
Source: Voice of America, Cindy Saine  (5/19/11)
"Poll shows 28% of respondents blame O&G companies for gas-price surge." More >

Senate Rejects GOP Oil Drilling Plan
Source: CNN, Ted Barrett and Alan Silverleib  (5/18/11)
"...continued partisan stalemate over energy policy rising gas prices." More >

Rehan Rashid: Shales Spur New Supercycle of Energy Production
Source: George Mack of The Energy Report  (5/17/11)
Over the next two decades, liquid and natural gas shales could release a treasure trove of new energy production. But even given this extraordinary new resource, FBR Capital Markets Head of Energy and Natural Resources Research Rehan Rashid expects demand to stay ahead of supply. Rehans's long-term bullish scenario favors a few select names that he shares with The Energy Report in this exclusive interview. More >

Lower Growth, High Oil Prices Forecast
Source: Associated Press  (5/17/11)
"Economists' predictions reflect public's jitteriness." More >

Three Reasons to Believe in $100 Oil
Source: Frank Holmes, U.S. Global Investors  (5/16/11)
"Volatility ahead, but markets may remain volatile in the short term." More >

In Libyan Oil Shipment, Sanctions Prove Dumb
Source: Reuters, Emma Farge  (5/16/11)
"Speculation abounds in industry that finds ways around sanctions." More >

Proposed Marcellus Shale Production Tax
Source: Gas Investing News, Robert Sullivan  (5/16/11)
"Showdown looms over proposal to tax Marcellus Shale drillers." More >

Black Gold
Source: Christian DeHaemer, Wealth Daily   (5/16/11)
"The future of Kenya is golden. . .or, I should say, black." More >

Big Oil Showdown on Capitol Hill
Source: CNN, Charles Riley  (5/11/11)
"Smile, you're testifying on Capitol Hill. . ." More >