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Supply of Crude Oil Rise on Cushing Pipeline, Oil Fluctuates on Equities
Crude oil stockpiles rose in US for a fifth week as TransCanada Corp. completed an extension of a pipeline to Cushing, Oklahoma, adding to a glut at the country’s biggest oil-trading hub. Inventories climbed 2 million barrels, or 0.6 percent, in the seven days ended Feb. 11 from 345.1 million a week earlier, according to [...]
Tuesday, February 15th, 2011Natural Gas Demand and Outlook in US Energy Resources
Demand for natural gas has traditionally been very cyclical. Demand for natural gas is highly dependent on time of year, and changes from season to season. In the past, the cyclical nature of natural gas demand has been relatively easy: the highest demand during the coldest months of winter and lowest during summer months the [...]
Friday, February 11th, 2011Market of Energy Record Gasoline Shipment Rebound in January 2011
Gasoline shipments to the U.S. from Europe are poised to rebound in January 2011 after profit from the trade jumped to the highest level in almost five months. U.S. gasoline consumption is rebounding after blizzards across the East Coast sapped demand from motorists at the end of December, denting the profit traders get by buying [...]
Saturday, January 8th, 2011