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BREAKING NEWS

Breaking News of the latest trends in Oil and Gas Production

MEMORIAL DAY TRAVEL MORE AFFORDABLE THANKS TO U.S. ENERGY RENAISSANCE !

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Memorial Day travelers and the businesses that cater to them are reaping the benefits of increased U.S. oil and natural gas production, said API Chief Economist John Felmy. “As we head into the Memorial Day weekend, motorists are getting some ...

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Rally in Crude Oil is reviving U.S. Shale Boom!

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(Bloomberg) — The rally in crude oil is reviving the U.S. shale boom, threatening speculators who are the most bullish on prices since July. Money managers increased their net-long position in West Texas Intermediate crude by 3.9% in the seven ...

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OIL Set for biggest monthly gain since 2009!

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(Reuters) – Oil headed for the biggest monthly advance since May 2009 as U.S. crude production growth slowed and inventories declined at the nation’s largest storage hub. Oil has rebounded from a six-year low in March as drillers cut the ...

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U.S. prepares for WAVES of LNG permits, Eyes Global Energy Dominance !

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(The Telegraph) – The US Energy Department prepares a wave of LNG gas permits in the latest move to redraw the world’s oil and gas landscape. The United States is poised to flood world markets with once-unthinkable quantities of liquefied ...

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Oil prices to stabilize as demand rises

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  (Reuters) – Oil prices should stabilize in the second half of this year and rise in 2016 and 2017 as consumers respond to a period of much cheaper fuel, a Reuters poll of analysts showed on Monday. The survey ...

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Opportunity Knocks For Natural Gas: Is Anybody Listening?

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U.S. natural gas prices rallied sharply on Wednesday, as a blast of frigid winter weather was expected to boost near-term fuel demand. According to weather forecasting models, the Eastern half of the U.S. was expected to see heavy snow and ...

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SURGING OIL PRICES SEND STOCKS HIGHER !!..

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  Feb 5th , NEW YORK (AP) — Hopeful signs that the long-running collapse in oil prices could be ending helped send the stock market sharply higher. Oil jumped $3.48 to $53.05 a barrel.  A jump in oil prices helped push ...

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Good Rocks and Low Debt: Keys to Surviving in the Oil Market.

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Forbes.com 12/12/2014 West Texas Intermediate crude oil is now down below $60 a barrel, and the bloodbath continues for oil company investors. According to data from U.S. Capital Advisors, as of early this week shares in the average large-cap U.S. ...

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Hydraulic Fracturing Saved Consumers Up to $248 Billion Last Year

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Using historical price and production data for the years 2008 to 2013, a new study has found that hydraulic fracturing and horizontal drilling applied to shale oil formations saved consumers between $63 and $248 billion in 2013 (and a cumulative ...

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Have we Beaten Peak Oil ?

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Why Peak Oil Predictions Have NOT come true. For decades, it has been a doomsday scenario looming large in the popular imagination: The world’s oil production tops out and then starts an inexorable decline—sending costs soaring and forcing nations to ...

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