Tag Archives: WTI

U.S. Shale Fracklog Triples as Drillers Keep Oil From Market

by Lynn Doan and Dan Murtaugh – Bloomberg Business – April 23, 2015 Think the U.S. is awash in crude now? Thank the fracklog that it’s not worse. Drillers in oil and gas fields from Texas to Pennsylvania have yet to turn on the … Continue reading

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Oil Slides to Near 6-Year Low; Saudi Arabia Holds Firm Despite Supply Glut

By Heesu Lee – Jan 25, 2015 – Bloomberg News Oil fell to the lowest level in almost six years as signs that Saudi Arabia’s new king will maintain its production policy and rising U.S. crude inventories bolstered speculation that … Continue reading

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Big Oil bullish despite drop in crude prices, Keystone veto threat

Kent Hoover – Washington Bureau Chief – January 6, 2015 Cheap crude oil prices are a temporary phenomenon, and the Keystone XL pipeline will be approved this year. Those are the two big takeaways from the American Petroleum Institute’s “State of American … Continue reading

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