Energy Finance

Archive for March, 2009

Hedge Your Gas Before June 2009

Wednesday, March 18th, 2009 Posted in Uncategorized | Comments Off

Here comes the gas. Large and frequent shipments of liquefied natural gas will be heading this way around June 2009, industry insiders say. As a result, gas prices are set to ... Read more..

Cap-And-Trade Will Shaft Economically Challenged

Monday, March 16th, 2009 Posted in Uncategorized | Comments Off

Carbon cap-and-trade schemes are an indirect tax on poor Americans, according to H. Sterling Burnett, senior fellow for the National Center For Policy Analysis. Burnett made his comments during ... Read more..

Rockies’ Gas Fundamentals Drive Region’s Recovery Ahead Of Market

Thursday, March 12th, 2009 Posted in Uncategorized | Comments Off

The rig count declines required to balance the natural gas market are well underway, and the pullback in activity has been the most acute in the Rockies, says ... Read more..

Barnett Shale A Major Stimulus to Texas Economy

Wednesday, March 11th, 2009 Posted in Uncategorized | Comments Off

Natural gas prices and the energy industry may be in a slump, but the North Texas region that comprises the Barnett Shale gas play is faring much ... Read more..

EIA: Independents Report 23% Decrease In Net Earnings For 4Q 08

Tuesday, March 10th, 2009 Posted in Uncategorized | Comments Off

An Energy Information Administration survey of 31 independent energy companies revealed a 23% decrease in net income in 4Q 2008, relative to the record high set in ... Read more..

December 2008 Job Loss Largest In 59 Years

Monday, March 9th, 2009 Posted in Uncategorized | Comments Off

The revised December jobs loss of 681,000 is the largest in 59 years, according to a new report by Standard & Poor's analysts, David Wyss and Beth Ann Bovino. Payrolls plunged ... Read more..

Gas Stuck At $4 Per MMBtu

Friday, March 6th, 2009 Posted in Uncategorized | Comments Off

Adam Sieminski, CFA with Deutsche Bank, believes the potential for global oil demand to be even lower than the most bearish of current forecasts. "We expect this will prompt OPEC into ... Read more..

Calyon Securities: Transocean A Good Buy

Thursday, March 5th, 2009 Posted in Uncategorized | Comments Off

The stock of Switzerland-based offshore driller Transocean Ltd.,  with a $38.7 billion contract backlog, is a  good buy, according to Mark Urness with Calyon Securities. With 65 jackup rigs, 68 drillships ... Read more..

Gas Supply Declining….Or Not?

Wednesday, March 4th, 2009 Posted in Uncategorized | Comments Off

According to James Crandell of Barclays Capital Research, conventional wisdom in the gas market holds that recent domestic supply growth is not poised to tip into decline for some time. ... Read more..

CNG Vehicle I-15 Corridor in Utah

Tuesday, March 3rd, 2009 Posted in Uncategorized | Comments Off

Governor Jon Huntsman of Utah recently announced a plan for more compressed-gas stations along Interstate 15 at a Sinclair station in Orem that sells compressed natural gas. To support ... Read more..