Oil & Gas

Yesterday, Oil rises, then gives up most of its price gains at Fuel Fix.  Today, Crude Trades Near One-Week High as Slower Hiring Curbs Optimism at Bloomberg.

“…diminishing influence of SPR-release talk.”  FT Alphaville

“In our quantitatively eased world, the new “dot-com” is “yield”. Investors in one of the hottest payout sectors, master limited partnerships or MLPs, should be alert for signs of a bubble.”  WSJ

“In June 2012 Bakken oil production reached 660 Mb/d with 0.7 Bcf/d of associated natural gas.  A third of that associated gas (32 percent or 0.22 Bcf/d) was flared at the wellhead.”  RBN Energy

“While the biggest immediate market for natural gas is to gain market share from coal in power production…new industrial uses are popping up all around.”  Haynesville Play

Natural Gas Imports:  EIA.

One ginormous asset base:  CHK plans $18-19 billion is asset sales while increasing production: Rigzone.  “CHK long setup” chart.