Energy Finance

Archive for June, 2008

Pressure Pumping Picks Up

Monday, June 16th, 2008 Posted in Uncategorized | No Comments »

The pressure pumping service sector is picking up, according to a recent report by Calyon Securities analyst Mark Urness. "An increase in unconventional plays, coupled with growing reservior complexity, should ... Read more..

Sovereign Wealth Funds

Thursday, June 12th, 2008 Posted in Uncategorized | No Comments »

Unlike the previous oil booms of the 1970s and 1980s, the current run of high oil prices has seen producing nations such as the Gulf Cooperation Council (GCC) countries manage ... Read more..

Lehman Bros. to issue $6 billion equity

Monday, June 9th, 2008 Posted in Uncategorized | No Comments »

Standard & Poor's Ratings Services said today that its rating on Lehman Brothers Holdings Inc. (A/Negative/A-1) will not be affected by the firm's announcement of an expected $2.8 billion net ... Read more..

Oil At $150 By July 4th

Friday, June 6th, 2008 Posted in Uncategorized | No Comments »

Current crude oil shipping patterns suggest oil could reach $150 per barrel by July 4th, according to a new report by Morgan Stanley & Co. Inc. "We are calling for a ... Read more..

Buying American This Christmas

Thursday, June 5th, 2008 Posted in Uncategorized | No Comments »

The European Central Bank president recently warned that his bank's rates could go up. ECB President Jean-Claude Trichet took a hawkish tone on inflation after the bank left its key rate ... Read more..

Oil Price Drops

Wednesday, June 4th, 2008 Posted in Uncategorized | 2 Comments »

Yesterday, a forward-looking co-worker mentioned that he would be interested to see if Barack Obama's capture of the Democratic nomination for presidential candidate might spike oil prices.  While one would surmise that ... Read more..

Gas prices change consumer buying patterns - GM responds

Tuesday, June 3rd, 2008 Posted in Uncategorized | 1 Comment »

In the news today, I read that GM is closing four truck and SUV plants in the U.S., Canada and Mexico. Specifically, the plants to be closed are in Oshawa, ... Read more..

Four Steps To Reduce Oil Price

Monday, June 2nd, 2008 Posted in Uncategorized | 2 Comments »

There are four steps that governments could take to reduce the economic threat of high-priced oil, says Anatole Kaletsky in this morning’s London Times. The first step is for developing countries, today’s ... Read more..