Archives for June 2016
Market Currents: U.S. oil imports from West Africa have doubled this year
One hundred and eighty-two years to the day after Isaac Fischer Jr. patented sandpaper, and the oil market is looking a little rough once more. Getting into the nitty gritty, crude is being ushered lower...
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Oil market, prices stabilizing, says IEA
By David Hunn The oil market may finally be stabilizing, but don’t expect a boom in oil prices, according to a report released early Tuesday by the International Energy Agency. In its first forecast for...
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Spectra, TransCanada to build $3.6B natural gas pipeline into Mexico
The projects will feed cheap shale gas from Texas to Mexico to help meet the country’s growing electric generation needs. Mexico is currently building out more gas-fired power plants. Source: FuelFix
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EIA: Flaring continues to decline in North Dakota
The burning of natural gas in the nation’s oil fields has been an ongoing source of strife between drillers and the Obama administration, which worries not only about the increased methane emissions but a wasting of the country’s energy...
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Will rising oil prices eventually hurt producers?
If crude prices keep rising, some U.S. oil producers could lose a key advantage that has helped them ride out the downturn. Fuel Fix’s Collin Eaton looks at how how much the cost of drilling...
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