Aug
25th

Oil and Gas Directly in Your PC Monitor

Today I’m try to search at the Google Search bar, looking for something interesting about oil and gas. Then I stucked at the Oil and Gas lessons site that provide by API (American Petroleum Insitute). At this site we can learn about Oil and Natural Gas, Exploration, production, Transporting Oil to Refinery, Refining, Transporting Oil to the consumer, Nature Gas and Oil & Natural Gas in your life.

I think this was a great lessons for us. Interesting and full of knowledge. Then I decide to share it here at this blog. So anyone in the world can learn much just like me. In further aim is I hope anyone in the world will keep their oil and gas consuming tight, so our child and kids can get their portion to get this valuable energy.

So, if you want to get your oil and gas classroom, just click at the banner below.

Or simply go to this link.

And if you want to learn about the Fifteen Steps how to find the Oil and Gas Source, Just follow this link.

Or you want to learn about how the drilling works? this steps was provide by howstuffworks.com, just follow this link.

Hope it will be usefull for us and for everyone who love the oil and gas industry. :)

Source info and photo credit by Oil and Gas Blog

Aug
20th

Impact of The Small Increase in Natural Gas Supplies

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CNBCs Sharon Epperson: Traders gave a very large part of today trying to determine whether the inventory report released this morning was very bullish or bearish. The fact remains that it is very tragic. We started the morning with this price call from Goldman Sachs reiterate USD 149/bbl by the end of the year that is where the price of oil pipeline and then of course that we have the data from the energy department. The first thing you look at that big build in crude supplies of more than 9 million barrels, one would think oil prices are sure to end lower on the session after that but keep in mind gasoline supplies also dropped very significantly and therefore that was seen by some as a bullish indicator in such data.

Meanwhile, we also look at the fact that build in crude supplies was due to the fact that perhaps it was simply an anomaly in the storm activity around the Gulf. We saw a huge rise in imports, that is what affected that total crude build.

On storms, we continue to model what happened with tropical storm Fay and the fact that some models have the turning point in the Gulf of Mexico. The only thing most people look now that he is the Northwest and near Mobile Alabama, but there are still a number of forecasters out there who say that it could go back in the Gulf of Mexico and its influence on the oil and gas installations.

Meanwhile look at natural gas prices, which are also higher on the session. Tropical storm Fay a factor, higher prices of crude oil is a factor and the fact that this market is heavily oversold, there is another factor even though the expectations for a sharp increase in the storage of natural gas supply to that report comes out tomorrow.

CRUDE CONCERNS

  • Goldman Sachs says crude rising to $ 149/bbl the end of the year
  • Mer survey data mixed; up to 9.39 m barrels of crude, gasoline down 6.2 m barrels
  • Acceleration of imports into the Gulf of Mexico region drives up supplies
  • Some models predicting the weather tropical storm Fay could still return to the Gulf of Mexico, thereby affecting oil & gas installations
  • Small increase expected in natural gas

Credit : news.moneycontrol.com  Pic : images.moneyandmarkets.com