---
title: "Oil & Gas"
url: https://independentstockanalysis.com/oil-gas-6/
description: "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…"
published: 2012-09-07
updated: 2012-09-07
---

# Oil & Gas

Published 2012-09-07

Posted on

by

J.J. Butler

Yesterday, Oil rises, then gives up most of its price gains at [Fuel Fix](http://fuelfix.com/blog/2012/09/06/oil-prices-hover-above-93-a-barrel-in-asia/). Today, Crude Trades Near One-Week High as Slower Hiring Curbs Optimism at [Bloomberg](http://www.bloomberg.com/news/2012-09-07/crude-trades-near-one-week-high-as-slower-hiring-curbs-optimism.html).

“…diminishing influence of SPR-release talk.” [FT Alphaville](http://ftalphaville.ft.com/blog/2012/09/05/1146771/the-oil-bound/?utm_source=dlvr.it&utm_medium=twitter)

“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](http://online.wsj.com/article/SB10000872396390443589304577633691939386420.html)

“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](http://www.rbnenergy.com/why-will-bakken-flaring-not-fade-away)

“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](http://www.haynesvilleplay.com/2012/09/gas-fuels-more-growth.html)

Natural Gas Imports: [EIA](http://www.eia.gov/dnav/ng/hist/n9100us2m.htm).

One ginormous asset base: CHK plans $18-19 billion is asset sales while increasing production: [Rigzone](http://www.rigzone.com/news/article.asp?hpf=1&a_id=120513). “CHK long setup” [chart](http://stocktwits.com/message/9407839).