Blogs

1st September 2011

Family Grapples Over Selling Mineral Rights

Posted by blogwriter

In Cook family lore, a broad, flat stone placed by the porch was where George Washington once stood to address his troops. A gray rock used as a planter was a watering trough. Two stones cut like steps were "upping blocks" to help ladies mount horses sidesaddle. Read more »

30th August 2011

Oil Prices on the Rise

Posted by blogwriter

Singapore: Brent crude rose for a sixth straight session on Tuesday August 30, 2011, buoyed by a landmark bank merger deal in Greece and strong data from the United States that allayed fears the world’s top oil consumer was sliding back into recession.

Oil prices were also supported by a rally in stock markets with money switching back to riskier assets after U.S. data showed consumer spending in the world’s largest economy rose at its fastest pace in five months in July.

Brent October crude was up 13 cents to $112.01 a barrel by 6:2am. Read more »

30th August 2011

Director of Barnett Shale Speaks

Posted by blogwriter

Visiting Rotary Club speaker Ed Ireland provided an overview of the Barnett Shale and drilling techniques during Wednesday’s meeting.

Ireland, executive director of the Barnett Shale Energy Education Council, said the Fort Worth-area shale is still the largest-producing natural gas field in America, though the Eagle-Ford Shale of South Texas and the Marcellus Shale, still in development in Pennsylvania,, may soon overtake it.

But Ireland said much of the technology oil and natural gas drillers will employ in future endeavors began in the North Texas development. Read more »

27th August 2011

Oil Near $85 a Barrell

Posted by blogwriter

Oil prices fell slightly to near $85 a barrel Wednesday August 23, 2011 in Asia after a U.S. supply report gave mixed signs about demand for crude.

Benchmark oil for October delivery was down 36 cents to $85.08 at late afternoon Singapore time in electronic trading on the New York Mercantile Exchange. Crude rose $1.02 to finish at $85.44 on Tuesday.

In London, Brent crude for October delivery was down 11 cents to $109.20 on the ICE Futures exchange. Read more »