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Fears of #oversupply cause plunge of #oil to continue, selloff of energy stocks with Oklahoma companies hit hard

Fears of oversupply cause plunge of oil to continue, selloff of energy stocks with Oklahoma companies hit hard Oversupply fears in the U.S. oil market sparked a selloff Wednesday in energy stocks, including those of several Oklahoma companies. Share prices fell by 5 percent or more for Continental Resources Inc., Chesapeake Energy Corp., SandRidge Energy … Continue reading Fears of #oversupply cause plunge of #oil to continue, selloff of energy stocks with Oklahoma companies hit hard

Natural Gas, Oil Will Revolutionize Energy Consumption And Electric Energy Generation Into 2040

Natural Gas, Oil Will Revolutionize Energy Consumption And Electric Energy Generation Into 2040 My current day job involves the inner workings of the electric utility industry in the Midwest region. I work with a number of electric utilities and regional power generating partners. With this knowledge, I have centered my portfolio around natural gas, a … Continue reading Natural Gas, Oil Will Revolutionize Energy Consumption And Electric Energy Generation Into 2040

Oil’s bear market may challenge Nasdaq’s new energy futures exchange

in Oil & Companies News 31/07/2015 Experts project robust growth in trading volumes on Nasdaq OMX Group’s new energy derivatives exchange, despite oil prices’ recent moves into bear market territory. After U.S. oil prices met the common definition of a bear market last week — by falling more than 20% from recent peaks, the Brent … Continue reading Oil’s bear market may challenge Nasdaq’s new energy futures exchange

IEA: #Oil Prices May Resume Downward Spiral — Energy Journal

IEA: Oil Prices May Resume Downward Spiral — Energy Journal The International Energy Agency warned crude prices could resume a downward spiral as global demand for oil may slow next year, Benoît Faucon reports. “The bottom of the market may still be ahead,” the agency said in its closely watched monthly oil-market report. Global demand … Continue reading IEA: #Oil Prices May Resume Downward Spiral — Energy Journal

The good, the bad and the ugly when oil giants shift to natural gas

The good, the bad and the ugly when oil giants shift to natural gas Six large European oil and gas companies recently announced a commitment to engage on climate policy, calling for a price on carbon. The now-emerging picture of their coordinated corporate talking points, however, leaves no doubt that promotion of natural gas is … Continue reading The good, the bad and the ugly when oil giants shift to natural gas

#American_Eagle_Energy Becomes Fourth U.S. Bankruptcy Of The #Oil Bust

American Eagle Energy Becomes Fourth U.S. Bankruptcy Of The Oil Bust American Eagle Energy became the fourth U.S. energy producer to file for bankruptcy protection in the aftermath of the big drop in crude oil prices. The Colorado-based company that buys and develops oil wells in the Bakken oil fields of North Dakota and Montana … Continue reading #American_Eagle_Energy Becomes Fourth U.S. Bankruptcy Of The #Oil Bust