In the absence of pipelines, US oil producers transport their wares on "virtual pipelines," about 200 train lines that accommodate oil trains of up to 100 tank cars.
How applying new technologies to old oil fields has changed America.
February 12 to April 22 is crude oil's seasonal "sweet spot." Here are two ETFs worth taking a look at the market enters that period.
Keith Schaefer, editor and publisher of Oil & Gas Investments Bulletin, has built an impressive track record of foreseeing structural changes in the energy industry.
Mining Weekly reported yesterday that Canada's US Oil Sands Inc. (TSXV:USO) is using an environmentally friendly, citrus-based technology to design and build the United States' first commercial oil sands project.
Mining Weekly reported that Glencore Xstrata plc (LSE:GLEN) is interested in purchasing Nigerian oil assets being sold by Royal Dutch Shell plc (LSE:RDSA).
Kodiak Oil & Gas Corp. (NYSE:KOG) provided its financial results for the fourth quarter of 2013 and 2013 as a whole, commenting that during Q4, it oil and gas sales were valued at $266.5 million, a 104-percent increase from the year-ago period.
Mooncor Oil & Gas Corp. (TSXV:MOO) and Birch Lake Energy Inc. (TSXV:BLK) announced that they have entered into a non-binding letter of agreement under which Mooncor will acquire all the common shares of Birch Lake. The companies anticipate the acquisition being completed via a triangular amalgamation.
Saturn Minerals Inc. (TSXV:SMI) Director Stefan Szary spoke with Resource Investing News about their coal, oil and gas assets in Saskatchewan.
Aroway Energy (TSXV:ARW,OTCQX:ARWJF) President & CEO Chris Cooper spoke with Resource Investing News about its unique position in the oil and gas space.
Reuters reported that Britain plans to create a new oil and gas regulator in order to help exploration companies in the United Kingdom "speed up their search" for the fuels. The move was prompted by "plunging North Sea production rates."
In a recent special energy report, U.S. Global Investors looks at the state of the U.S. energy market and elaborate on the ways that investors can benefit.
Business Times reported that the price of Brent crude rallied on Monday, climbing more than US$1 to over US$107. The rebound comes after oils biggest weekly fall in six months, following news of a restart of a key Libyan oilfield.
MarketWatch reported that crude oil prices are down 3 percent, to $95.44, in New York.