All Posts Tagged With: "Liquid Natural Gas"
Rising Oil Prices Good for Natural Gas Stocks
In March, this company announced that its oil and gas reserves were up 28% and rumor has it they are expecting to confirm a significant reserve discovery in the next few weeks. The stock price has already seen a 69% increase this year so you don’t want to wait to jump onboard.
The Secret to Sky-High Oil Prices: Cheap Fuel
The price of oil, now nearing $130 a barrel, is being driven up by subsidies on cheap petrol and diesel, according to a report by Reuters.
China, India and other nations that subsidize cheap petrol and diesel may be even less willing to raise prices than they were six months ago, aiding crude’s ascent toward $130 even as demand deteriorates elsewhere.
While Indonesia appears set to raise prices as soon as this week, the world’s fastest-growing oil users show little inclination to tackle their subsidy schemes, as fighting food-fueled inflation has become their top priority.
Jet Fuel on My Mind
It’s funny what one thinks about when packing for a trip (especially when that packing is taking place in a mad dash frenzy). Your humble editorial director has jet fuel on his mind as he prepares to scoot across the friendly skies once again — or rather, the price of jet fuel to be more specific. How much longer can the airlines afford to lose money with nearly every mile they fly?
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