As we charge into December, we see oil and natural gas prices distinctly lacking in the holiday spirit and looking downbeat, as fiscal cliff and Euro woes combine with a lack of wintry weather to spur on sell-offs in the respective commodities. That said, a turnaround in any of these elements could propel either commodity higher, as both seem supported near current levels. Enough fluff, let’s hit up the good stuff: » read more
Posts Tagged ‘North Dakota’
Happy Friday, one and all! As we near the peak of the Atlantic hurricane season (hark, 17 days to go), tropical activity is ramping up to lend support to natural gas prices (makes you wonder where natty would be without it), as the impact of warmer weather wanes as we shuffle toward shoulder season. Meanwhile, a combo of stimulus hopes and Euro debt crisis optimism lifts WTI to within swiping distance of triple-dollardom – all the while with geopolitical tension bubbling away in the background. Friday is here, nearly time to relax, but first let us feast on some informative snacks: » read more
We are well aware of the natural gas shale revolution, as domestic production remains strong while prices have remained mired in the land of 2-buckdom. However, the next revolution is underway, set to blow the doors off production expectations in a similar fashion. This be…the US oil shale revolution.
So through the poster-boy of this new revolution – the Bakken Shale in North Dakota – let’s look at some startling statistics which highlight its growing impact on both a regional and national scale. » read more
‘The Italian Job’ is a 1969 film caper and one of the best-loved British films of all time. Its premise is a gold heist in Rome involving lots of Minis. In one of the most famous scenes, two of the heisters are testing explosives on a truck, leading Michael Caine to utter the immortal words ‘you were only supposed to blow the bloody doors off!’.