Energy Finance

Archive for March, 2009

Sign O’ The Times @ Westheimer & Voss

Tuesday, March 31st, 2009 Posted in Uncategorized | No Comments »

It's a sign o' the times. This afternoon I was on my way back to work, after Sport Car Repair diagnosed the "check engine" light on my 1999 Porsche Boxter as ... Read more..

Texas Rig Count, Production and Gas Storage

Tuesday, March 31st, 2009 Posted in Uncategorized | No Comments »

The Texas average rig count as of March 13 was 453, down from the February 13 rig count of 575. The Texas Railroad Commission’s estimated final oil production for January ... Read more..

G20 Summit Update: No Currency Devaluations

Monday, March 30th, 2009 Posted in Uncategorized | No Comments »

This week, at the annual G20 summit, leading and emerging nations have agreed to agree to refrain from currency moves that would hurt each other's economies, according to a draft ... Read more..

Makes No Sense To Slow Down Drilling, Says Integrity

Friday, March 27th, 2009 Posted in Uncategorized | No Comments »

Although 2008 ended with very low commodity prices for oil and natural gas, experts believe this is a temporary situation, according to a report by Integrity Natural Resources. LP. The Ohio ... Read more..

Oil And Gas Stocks Still Trading At A Discount

Thursday, March 26th, 2009 Posted in Uncategorized | No Comments »

Oil and gas exploration stocks are still trading at a discount, says Jeb Armstrong, an analyst at Calyon Securities. "Although valuations have firmed up, there is room for further appreciation in ... Read more..

Dems Push Back Against New Energy Texas And Fees

Wednesday, March 25th, 2009 Posted in Uncategorized | No Comments »

According to recent reports, more than a dozen House democrats said that the President's proposal to raise taxes and levy new fees on the oil and gas industry could curb ... Read more..

Permian Basin Triage: The Anatomy Of A Recovery

Tuesday, March 24th, 2009 Posted in Uncategorized | No Comments »

The longer oil and gas prices remain depressed, the more dramatic the recovery will be, due to project deferrals and the cancellation of long-term plans, said Steve Pruett, president and ... Read more..

How The Stimulus Plan Will Work

Monday, March 23rd, 2009 Posted in Uncategorized | No Comments »

Three contractors are bidding to fix a broken fence at the White House. One is from Chicago, another is from Tennessee, and the third is from Minnesota. All three go with ... Read more..

Fed To Buy $1.15 Trillion Of Debt

Friday, March 20th, 2009 Posted in Uncategorized | No Comments »

The Federal Reserve plans to buy $1.15 trillion of Treasuries and housing debt to improve conditions in private credit markets. The central bank will try to end the financial crisis by ... Read more..

Gulf of Mexico Lease Sale 208

Thursday, March 19th, 2009 Posted in Uncategorized | No Comments »

The result of the Central Gulf of Mexico lease sale 208 wasn't bad, although it was well off of the prior two lease sales. The bid results show that "the ... Read more..