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Crude oil prices prove U.S. dollar stronger than hurricanes

"Gustav rolled right down the center of the alley. By rights, it should have been a strike. Gustav had the aim. Gustav followed the right track. But Gustav didn’t knock down any pins. Gustav went over, under, around and through some of the most densely packed drilling infrastructure on the planet. And Gustav caused very [...]

Profits don’t help Western oil majors find new fields

"Western oil majors like Exxon are finding it harder than ever to identify new prospects and successfully complete new oil projects. This comes despite the fact that the oil industry is flush with profits from upstream operations, and is eager to expand." — Byron King by Byron King Baltimore — (TFN): Western nations — the [...]

The Real Reason Oil Prices Are So High

“Unfortunately, one of the biggest ‘culprits’ garnering much of the blame has been the oil speculators. Congress has decided to make them the scapegoat for our energy concerns, and unfortunately many under-educated members of the public are beginning to lap it up.” — Byron King by Byron King Baltimore [...]

Oil Prices Defy Correction

“Oil prices have barely budged based on the Saudi Summit. There has been no summer sell-off, and I’d be surprised to see a significant pullback as the summer driving season kicks into gear.” — Byron King by Byron King Baltimore — (TFN): The returns are coming in from the distant precincts of the oil patch, and the [...]

The Air Force is Buying into Alternative Fuel

“The Air Force will sweeten the pot, however, by guaranteeing that it will purchase the fuel that comes out of the CTL (coal to liquid) plants. Eventually, much of the Air Force fleet will fly on a mixture of CTL fuel and traditional petroleum-based fuel.” — Byron King by Byron [...]

Coal Prices: As goes coal, so goes the nation

“One of the most extensive and valuable mineral resources in the U.S. is called the Pittsburgh Coal Seam. The Pittsburgh Coal Seam shows up in outcrops all over town, if you know where to look and what you’re seeing. But there’s a lot more to this hunk of rock.” [...]

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