In the absence of pipelines, US oil producers transport their wares on "virtual pipelines," about 200 train lines that accommodate oil trains of up to 100 tank cars.
How applying new technologies to old oil fields has changed America.
February 12 to April 22 is crude oil's seasonal "sweet spot." Here are two ETFs worth taking a look at the market enters that period.
In the quests to find both domestic sources of transportation fuel and value-add processes that leverage our natural gas supply, particularly our stranded and flared natural gas, DME production stands out as a promising solution that could prove to be a significant component of America’s energy future.
At the recent World Resource Investment Conference in Vancouver, Keith Schaefer, editor and publisher of the Oil and Gas Bulletin, spoke with INN editor Vivien Diniz about the state of the natural gas market in British Columbia.
In the second segment of the INN’s World Resource Investment Conference interview with Keith Schaefer, Keith provided INN viewers with some insight on profiting from the natural gas boom in British Columbia.
Sprott US Holdings Chairman Rick Rule tells INN Senior Editor Andrew Topf that the sudden availability of natural gas, derived mostly through hydraulic fracturing, has increased its utility to consumers.
Mining Weekly reported yesterday that Canada's US Oil Sands Inc. (TSXV:USO) is using an environmentally friendly, citrus-based technology to design and build the United States' first commercial oil sands project.
Mining Weekly reported that Glencore Xstrata plc (LSE:GLEN) is interested in purchasing Nigerian oil assets being sold by Royal Dutch Shell plc (LSE:RDSA).
FX Energy Inc. (NASDAQ:FXEN) announced that it has started production at the Komorze-3 well, located at its Poland-based Fences concession. Currently, its production rate sits at 1.1 million cubic feet of gas per day.
Kodiak Oil & Gas Corp. (NYSE:KOG) provided its financial results for the fourth quarter of 2013 and 2013 as a whole, commenting that during Q4, it oil and gas sales were valued at $266.5 million, a 104-percent increase from the year-ago period.
Saturn Minerals Inc. (TSXV:SMI) Director Stefan Szary spoke with Resource Investing News about their coal, oil and gas assets in Saskatchewan.
Aroway Energy (TSXV:ARW,OTCQX:ARWJF) President & CEO Chris Cooper spoke with Resource Investing News about its unique position in the oil and gas space.
MarketWatch reported that natural gas futures are up 3 percent today as a result of data showing a bigger-than-expected fall in US supplies.
Mining Weekly reported that Andrew Mackenzie, CEO of BHP Billiton Ltd. (NYSE:BHP,ASX:BHP,LSE:BLT), believes that although the US shale gas industry is growing quickly, coal will continue to be the most dominant source of fuel worldwide for the coming years.
CNBC reported that according to a study completed by IHS, natural gas prices are likely to remain cheap for "at least the next 20 years." The company anticipates a long-term average annual price of $4 to $5 per million British thermal units.
The Wall Street Journal reported that natural gas futures are ending the week on a high note following forecasts that cold weather will continue in the United States during March.