All things pertaining to the leasing, drilling and production of shale gas and oil.
West Texas Intermediate (WTI) oil prices fell below $90 per barrel last week in response to data reflecting weakening economic activity in China and Europe. Recent economic data for the United States has been mixed, but generally it has been more positive than negative. That said, future economic growth is being questioned by the weaker global outlook and the announcement of the first Ebola case in the United…Continue
Posted by Keith Mauck, Publisher on October 8, 2014 at 10:00am
Our trading partner Mike Seery is laying out his bearish view on crude oil. How low can it go?
Crude oil futures in the November contract are down $1.50 a barrel currently trading at 89.53 right near two year lows with extreme choppiness over the last several weeks with many rallies and sell offs as I’ve been sitting on the sidelines but now the trend clearly is to the downside, however the chart structure is terrible at the current time so I am not taking a short at this time,…Continue
Posted by Ray @ The Crude Oil Trader on October 5, 2014 at 10:00am
Posted by Keith Mauck, Publisher on October 8, 2014 at 8:54am
By Keith Mauck
Over the last few years litigation arising from Chesapeake Energy’s royalty practices, has reached a tipping point with a number of new suits being filed in the last year and stretching into new legal theories of liability. The origins of this litigation boom against Chesapeake stems from changes…Continue
Posted by Keith Mauck, Publisher on September 30, 2014 at 9:30am
Posted by Keith Mauck, Publisher on September 6, 2014 at 9:30am
Two weeks ago last Saturday, a group of residents led by an environmental activist marched in Burrillville, Rhode Island protesting plans by Spectra Energy (SE-NYSE) to expand the delivery capability of its Algonquin pipeline system that supplies gas to the state and other New England states. Actually, the physical expansion of the pipeline will occur elsewhere, but Spectra Energy operates a compressor plant in…Continue
Posted by Keith Mauck, Publisher on September 2, 2014 at 4:00pm