All publications by tag «U.S»
2015, June, 7, 19:15:00U.S. RIGS DOWN 7
U.S. Rig Count is down 7 rigs from last week to 868, with oil rigs down 4 to 642, gas rigs down 3 to 222, and miscellaneous rigs unchanged at 4.
2015, June, 4, 18:35:00U.S. OIL UP
U.S. oil production has grown rapidly in recent years. EIA data, which reflect combined production of crude oil and lease condensate, show a rise from 5.6 million barrels per day (b/d) in 2011 to 7.5 million b/d in 2013, and a record 1.2 million b/d increase to 8.7 million b/d in 2014.
2015, June, 1, 18:55:00U.S. OIL PRICES
U.S. shale oil producers, having weathered the worst price plunge in their industry's brief history, now face a dilemma: whether to stay in a defensive crouch after slashing their rig fleets, or start drilling more wells to capture a partial recovery in prices.
2015, May, 30, 21:30:00U.S. GDP DOWN
Real gross domestic product -- the value of the production of goods and services in the United States, adjusted for price changes -- decreased at an annual rate of 0.7 percent in the first quarter of 2015, according to the "second" estimate released by the Bureau of Economic Analysis. In the fourth quarter, real GDP increased 2.2 percent.
2015, May, 30, 21:25:00THE NEXT OIL WAR
An increasingly assertive China has warned that World War 3 is "inevitable" unless the United States stops meddling in the South China Sea affairs. Earlier this week, the People's Liberation Army (PLA) said in a new white paper that it is going to up the ante in the South China Sea. In a sign of its growing self-confidence, Beijing said that it would now focus less on defensive capabilities, and step up efforts to build offensive capabilities.
2015, May, 29, 21:00:00U.S. RIGS DOWN 10
U.S. Rig Count is down 10 rigs from last week to 875, with oil rigs down 13 to 646, gas rigs up 3 to 225, and miscellaneous rigs unchanged at 4.
2015, May, 26, 19:00:00DISAPPEARED U.S. OIL
Millions of barrels of untapped oil that U.S. shale drillers discovered during the boom years are about to disappear from their inventories.
2015, May, 24, 20:00:00U.S. GEOPOLITICAL TURMOIL
“Geopolitical turmoil that takes foreign oil supplies offline can be difficult to predict or control, but the U.S. will always have control over how much energy we produce here at home. With the right policies, our energy renaissance can endure for decades and help even more families afford to take a vacation on Memorial Day weekend.”
2015, May, 24, 19:45:00U.S. RIGS DOWN 3
BHI Rig Count: U.S. -3 to 885 rigs
2015, May, 22, 17:55:00OIL PRICES RISE
Crude oil prices bounced back on Wednesday from steep falls in the previous session as strong Japanese economic growth surprised markets and the business outlook in Australia also seemed to brighten, stoking producer hopes of increased demand.