Shale Oil, Is It a Mania?
A picture is worth a thousand words. It sure looks to me that this shale oil boom is a mania. Yes, it is true that there are a lot of potential shale oil deposits, but there are also a lot of sites...
View ArticleRail delivery of U.S. oil and petroleum products continues to increase, but...
With U.S. crude oil production at the highest level in two decades, outstripping pipeline capacity, the United States is relying more on railroads to move its new crude oil to refineries and storage...
View ArticleChina poised to become the world’s largest net oil importer later this year,...
EIA’s August 2013 Short-Term Energy Outlook (STEO) forecasts that China’s net oil imports will exceed those of the United States by October 2013 on a monthly basis and by 2014 on an annual basis,...
View ArticleEnergy commodity returns have outpaced nonenergy returns in past month,...
Recent increases in crude oil and petroleum product prices have not been shared by other commodities, as reported in EIA’s Market Price Uncertainty Report. Since July 1, the energy component of the...
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