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Tag: prices oil
Will lower crude oil prices increase soybean sales to China?
2015-01-30 19:43:00| Corn & Soybean Digest
I continue to believe the herd has taken on a "sell the rallies" type mentality. This will obviously keep a lid on prices and make getting back above $10 near-term a tough task. Grain Market Viewpoint read more
Tags: sales
china
increase
prices
Plunging Oil Prices Choke Off Boom Bakersfield
2015-01-29 06:00:00| Climate Ark Climate Change & Global Warming Newsfeed
LA Times: Each year, the American Assn. of Drilling Engineers hosts a meeting here affectionately called the Liar's Club. A cocktail-fueled crowd hears oil companies' well-drilling and production forecasts - estimates often so grandiose everyone understands they are exaggerations. Pledges to drill thousands of wells are common. But at this month's meeting, no one felt like telling tall tales. Fewer than 10 wells were promised, all by small, independent companies. Giant firms - Chevron, Occidental - promised...
Tags: prices
oil
boom
bakersfield
As gasoline prices drop, Americans swing favor oil exports: Poll
2015-01-29 06:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: Americans are more likely than ever to favor easing a ban on exporting crude oil, so long as it does not lead to higher gasoline prices that have recently sunk to near $2 a gallon, according to a new Reuters-IPSOS poll. In questions posed to more than 2,000 voting-age Americans earlier this month, around 45 percent generally agreed that oil drillers should be allowed to export domestic crude abroad, while just over 30 percent broadly disagreed. In September, supporters and opponents were both at...
Scrapped: Oil Prices Shelve an $11 Billion Gulf Coast Project
2015-01-29 02:45:02| Chemicals - Topix.net
South African energy giant Sasol Ltd. said Wednesday it was shelving an $11 billion project on Louisiana's Gulf Coast, imperiling one of the largest foreign investments on U.S. soil because of the plunge in oil prices. Sasol has spent years planning to expand its chemical factory outside Lake Charles, La., into a sprawling facility to turn natural gas into industrial compounds and diesel fuel.
Tags: project
prices
oil
coast
Cenovus Energy deepens 2015 budget cuts as oil prices dive
2015-01-28 20:00:11| Oil & Gas - Topix.net
Cenovus Energy Inc Canada's No. 2 independent oil producer, cut its 2015 capital budget by C$700 million on Wednesday, blaming plunging crude oil prices.
Tags: prices
energy
oil
budget
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