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Archive for February, 2008

$9.40! … Natural Gas Prices Are Back

Thursday, February 28th, 2008 Posted in Uncategorized | No Comments »

Natural gas was trading this morning on Nymex at $9.40 to $9.64 for April through September delivery--good news for U.S. producers whose all-in costs are running $6/Mcf. Gas prices were ... Read more..

Alan Out-Takes: More Notes From The Greenspan Dinner

Wednesday, February 27th, 2008 Posted in Uncategorized | 2 Comments »

Here are more comments from Alan Greenspan, who engaged in a lively conversation with Cambridge Energy Research Associates founder and chairman Daniel Yergin at the annual CERAWeek in Houston recently. Approximately ... Read more..

Alaskan Tribe Suing XOM Et Al. For Global Warming

Wednesday, February 27th, 2008 Posted in Uncategorized | 3 Comments »

Inupiat Eskimos in Kivalina, Alaska, are suing ExxonMobil and 23 other energy companies for global warming. The Earth warming trend is melting sea ice that had protected the Arctic village ... Read more..

‘Creative Destruction’ And Peak Oil

Tuesday, February 26th, 2008 Posted in Uncategorized | 1 Comment »

Maybe the simplest description of “creative destruction” is “The U.S. economy giveth jobs, and the U.S. economy sends those overseas while it maketh higher-end U.S. jobs.” American workers wouldn’t find this ... Read more..

The FOMC Meeting…What Were They Thinking?

Friday, February 22nd, 2008 Posted in Uncategorized | No Comments »

The Jan. 29-30 FOMC meeting minutes have been released and energy is a hot topic in it. Oil is mentioned 11 times; energy, 17 times. Meanwhile, home/homes is mentioned 11 ... Read more..

The Consol Bid For CNX (Marcellus Shale)

Thursday, February 21st, 2008 Posted in Uncategorized | No Comments »

Consol Energy Inc. has put in a bid to roll up CNX Gas Corp., which holds rights to drill for coalbed methane and in other formations in Consol's Appalachian coalfields and elsewhere. The ... Read more..

Mike Linn Discusses The Upstream MLPs And Others’ IDRs

Wednesday, February 20th, 2008 Posted in Uncategorized | 2 Comments »

Listen to my interview from NAPE with Mike Linn We visited with Mike Linn, chairman and CEO of Linn Energy LLC, at NAPE Expo 2008. Here are his comments on capital ... Read more..

Valentine’s Dinner With Alan Greenspan: Nuclear! Plus, Iraq And ‘Are We In A Recession?’

Thursday, February 14th, 2008 Posted in Uncategorized | 3 Comments »

Nuclear is the most reasonable power source, Alan Greenspan told some 1,200 CERAWeek attendees at dinner this evening in Houston. Daniel Yergin, founder and chairman of Cambridge Energy Research Associates, ... Read more..

Bead Envy: Mardi Gras At $92 Oil, And Starbucks Finds Broussard

Wednesday, February 13th, 2008 Posted in Uncategorized | 2 Comments »

Back from Mardi Gras in my home country of Lafayette (well, I've been back for a bit but then there was another big event, NAPE Expo 2008), here's the "$92 ... Read more..

It’s The Dollar! How US$92 Is The New US$60 (And Advantages U.S. Producers)

Wednesday, February 13th, 2008 Posted in Uncategorized | 2 Comments »

In Rice University’s Baker Institute for Public Policy newest report, "U.S. Energy Policy FAQ: The U.S. Energy Mix, National Security and the Myths of Energy Independence," the leading causes of ... Read more..