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Breaking News of the latest trends in Oil and Gas Production

Oil Prices Will Come Surging Back Faster Than Market Expects !!

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Barclays commodities analysts sent out a major piece of research to clients this week, taking a look at the oil market and what they expect to happen to prices in the year ahead. In short, they’re telling investors not to ...

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Low oil prices could lead to global fuel shortages in the future, the IEA has warned.

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The IEA said Tuesday that while low prices are good for consumers, they could eventually “trigger energy-security concerns.”The low prices are squeezing U.S. shale and other high cost producers. Many have been forced to slash investment budgets to cope with the new reality.The ...

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Fracking Topples “Ole King Coal”

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King Coal may be losing its throne sooner than expected, as the U.S. goes through a change in how it gets the bulk of its electricity. The change is not coming from solar and wind as environmental groups would like ...

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More Millionaires Than Ever Are Living in the U.S.

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    Climbing stock markets and rising real estate values helped create nearly 500,000 new millionaires in the U.S. in 2014, according to a new report. The study, from market research and consulting firm Spectrem Group, found that there are ...

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Wind, Natural Gas, Solar Provide More U.S. Power, Replacing Coal

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One of the advantages of electric cars is that they get cleaner as the emissions associated with generating the electricity to power them decrease. And the good news for electric-car drivers is that the grids that supply their electricity have ...

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Texas Now Produces More Natural Gas Than All of OPEC !

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June 1st 2015- API Everything is bigger in Texas, especially natural gas production. The Lone Star State alone produces more natural gas than every country in the world, except Russia, and that includes every member state of OPEC. The American ...

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T. Boone Pickens expects to see oil at $75 a barrel by year-end

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May 29th 2015- Business Finance After correctly predicting in December that half the fracking rigs in the U.S. would be shut down this year, T. Boone Pickens is now calling for the price of oil to reach $75 by the ...

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The Energy Revolution is just Beginning !

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May 28th 2015- FORBES The energy revolution is set to begin its next phase, and it’s going to be glorious. The Obama administration gave its approval last week for another liquefied natural gas (LNG) production facility in Corpus Christi. Increased ...

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