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Natural gas prices got a boost upward after the U.S. Energy Information Administration reported inventory supply climbed by 6 billion cubic feet less than expected last week. Actual results came in at 28 billion cubic feet against expectations of 34 billion cubic feet.
Investors in commodities ETFs largely kept their money in place even as values fell sharply during the second quarter of the year.
While the declining price of natural gas (UNG, quote) has driven coal (KOL, quote) down to record low levels of usage in the United States, consumption in emerging market countries such as China is increasing.
The Organization of Oil Exporting Countries (OPEC) may be collapsing. If so, it is due to fundamental economic demands and the force of the market.
In the Leonardo DiCaprio movie Blood Diamond, a citizen from a diamond-rich African nation remarks on how much worse things would be if oil were discovered. The populace of Myanmar is about to find out how true that statement is for themselves.
While the global oil and natural gas industry is in a recession, the alternative energy sector around the world is in a depression.
The allure of the American West has long drawn tourists and adventurers from around the globe to explore the rolling expanses of the Great Plains, and challenge the towering heights of the Rocky and Sierra Mountain ranges.
An escalation of the crisis in Europe has brought oil down almost 12% from its highs this year and Russian equities have been dragged down with it.
