Blogs

18th April 2011

Oil Falls Two Dollars

Posted by blogwriter

Oil prices fell more than $2 a barrel on Monday April 18, 2011 to under $122 a barrel after OPEC ministers said high oil prices could place a major strain on consumer countries, and S&P revised its U.S. outlook to negative.

Leading OPEC member Saudi Arabia on Sunday confirmed it had cut output by more than 800,000 barrels per day (bpd) in March because of weak demand. Read more »

13th April 2011

A Good Choice Investing in Mineral Rights

Posted by blogwriter

Even in the worst of times, some investors manage to turn a profit, and so it can be inspiring to be reminded that careful and clever management of one’s assets can yield great returns.

It is no secret that in the last year investors who have more diverse portfolios which include alternative investments have fared better than those invested solely in the stock market, but you may be surprised at just how well some investors have fared and how they did it. Janice Stoddard can give you one example. Read more »

11th April 2011

The Marcellus Shale is Just the Opening Act

Posted by blogwriter

A rock layer below the Marcellus Shale could prove to be another incredible source of natural gas.

The Marcellus Shale captured public attention when leasing and drilling activities began pumping billions of dollars into local economies and citizens began debating the environmental, social and economic impacts. All of this began suddenly in 2004 when Range Resources Corporation drilled the first Marcellus well using modern drilling technology. Read more »

7th April 2011

Oil Below $109 as High Fuel Costs Threaten Demand

Posted by blogwriter

Oil prices hovered below $109 a barrel Thursday April 7, 2011 in Asia amid concern rising fuel costs could undermine U.S. economic growth and demand for crude.

Benchmark crude for May delivery was down 13 cents at $108.70 a barrel at late afternoon Singapore time in electronic trading on the New York Mercantile Exchange. The contract gained 49 cents to settle at $108.83 on Wednesday April 6, 2011.

In London, Brent crude for May delivery was down 33 cents to $121.97 a barrel on the ICE Futures exchange. Read more »