Oil Slick Stuff

Sort by newest Sort by date
12/15/2010 - Updated 11:22 AM ET
1.gif

Oil turns higher after inventories tumble
EIA reports steeper-than-expected drop of 9.9 million barrels
1.gif

By Laura Mandaro, MarketWatch & Steve Gelsi, MarketWatch

SAN FRANCISCO (MarketWatch) — Crude-oil inventories turned higher Wednesday after the U.S. energy agency showed a surprisingly steep drop in oil inventories last week, though one analyst cautioned the decline is likely related to year-end refinery efforts to reduce inventory.
Oil for January delivery [CLF11] rose 67 cents, or 0.7%, to $88.95 a barrel on the New York Mercantile Exchange. http://markets.usatoday.com/custom/...S&guid={452EB062-0853-11E0-B8A9-00212804637C}
 
12/16/2010 - Updated 9:17 AM ET
1.gif

Crude oil, gold retreat despite weaker dollar
Optimism fades over drop in crude supplies
1.gif

By MarketWatch,

NEW YORK (MarketWatch) — Crude-oil futures slipped Thursday as optimism faded over a surprise drop in supplies, while gold futures retreated in the face of stronger equities.
Gold for February delivery fell $6.60, or 0.5%, to $1,379.80 an ounce, while oil for January delivery slipped 37 cents to $88.25 a barrel.http://markets.usatoday.com/custom/...-11E0-B8A9-00212804637C}&loc=interstitialskip
 
12/16/2010 - Updated 1:01 PM ET
1.gif

Crude oil pares loss; natural gas falls more
1.gif

By Laura Mandaro, MarketWatch & Steve Gelsi, MarketWatch

SAN FRANCISCO (MarketWatch) — Crude-oil futures pared losses Thursday after a surprisingly strong report on mid-Atlantic manufacturing, while natural-gas futures fell further after a report on inventories came in near expectations.
Oil for January delivery [CLF11] slipped 26 cents to $88.36 a barrel on the New York Mercantile Exchange. It had been down 40 cents to 60 cents earlier in the session.http://markets.usatoday.com/custom/...S&guid={03DC7E8E-0919-11E0-B8A9-00212804637C}
 
12/17/2010 - Updated 11:36 AM ET
1.gif
Crude oil turns higher; natural gas reclaims $4
1.gif

By Laura Mandaro, MarketWatch & Steve Gelsi, MarketWatch

SAN FRANCISCO (MarketWatch) — Crude-oil futures edged higher Friday and natural-gas futures regained the $4 mark, as investors took advantage of a recent pullback to get ahead of possibly colder weather in the weeks ahead. “It’s probably a bit of position-taking before the weekend in case the weather turns colder,” said Matt Smith, commodities analyst at Summit Energy in Louisville, Ky.

Crude for January delivery [CLF11] rose 20 cents, or 0.2%, to $87.90 a barrel. It had been lower, falling as low as $87.01 a barrel, and had lost 1% in the prior session.
http://markets.usatoday.com/custom/...S&guid={7C588E06-09E2-11E0-B8A9-00212804637C}
 
FAB1 said:
So Nut have you heard of the big Dakota area Oil find yet?
Click to expand...
Yes it's a big find, a big Part of it is in Canada and much of it is Oil Shale or requires Lateral Fractal drilling which is problematic, but it looks like they have found bigger easily retrievable basin/basins that will help the USA compete with Global Oil Companies, that's if Obama keeps his nose out of the States business.:D
http://nextbigfuture.com/2010/08/spearfish-oil-formation-could-be.html
 
Another wonderfully thought out move on the part of the Administration!:mad:

Most Say Continuing Offshore Ban Will Hurt Economy
Monday, December 06, 2010

The Obama administration announced last week that it is continuing the ban on offshore oil and gas drilling along the Eastern seaboard and in the eastern portion of the Gulf of Mexico. Most voters expect that decision to drive up gas prices and hurt the economy.
A new Rasmussen Reports national telephone survey finds that 54% of Likely U.S. Voters believe the new seven-year ban will increase gas prices, while just 11% think it will make gas prices go down. Twenty-five percent (25%) expect the ban to have no impact on prices at the pump. (To see survey question wording, click here.)
http://www.rasmussenreports.com/pub...say_continuing_offshore_ban_will_hurt_economy
 
12/20/2010 - Updated 8:57 AM ET
1.gif

Crude-oil futures kick off week with gainsAnalyst cites positive sentiment in energy markets
1.gif
By Steve Gelsi, MarketWatch

NEW YORK (MarketWatch) — Crude-oil futures rose Monday as commodity traders took their cue from indications of a higher open in the U.S. equities market.A batch of fresh merger deals also boosted interest in the stock market, while rising tensions on the Korean peninsula also encouraged buying in crude.
At last check, the front-running future price for oil rose 10 cents to $88.70 a barrel.
http://markets.usatoday.com/custom/usatoday-com/html-story.asp?markets=COMMODITIES&guid=%7BC7E9B204%2D0C3B%2D11E0%2D8617%2D00212804637C%7D
 
Good morning I'm in Las Vegas and the gas here is right at $3 a gallon!!:blink:
 
12/20/2010 - Updated 12:52 PM ET
1.gif

Oil edges up on deal activity; gasoline rises
1.gif

By Laura Mandaro, MarketWatch & Steve Gelsi, MarketWatch

SAN FRANCISCO (MarketWatch) — Crude-oil futures bounced between small gains and losses Monday, and gasoline futures added to gains, with sentiment supported by cold-weather forecasts and U.S. merger activity.
Crude for January delivery [CLF11] rose 38 cents, or 0.4%, to $88.41 a barrel on the New York Mercantile Exchange.http://markets.usatoday.com/custom/...S&guid={C7E9B204-0C3B-11E0-8617-00212804637C}
 
nnuut said:
Yes it's a big find, a big Part of it is in Canada and much of it is Oil Shale or requires Lateral Fractal drilling which is problematic, but it looks like they have found bigger easily retrievable basin/basins that will help the USA compete with Global Oil Companies, that's if Obama keeps his nose out of the States business.:D
http://nextbigfuture.com/2010/08/spearfish-oil-formation-could-be.html
Click to expand...

Yep we got the goods right here to say BITE ME to the Saudis.
But some delicate enviromental balance may get distrubed.

Meanwhile VOTERS do get disturbed - i.e. Nov 3, 2010 bloodbath.

And our the Good Gas here is over $3 - not talking about reg. unleaded junk
 
You must log in or register to reply here.
Back
Top