The People of America's Oil and Natural Gas Indusry

Energy Tomorrow Blog

earnings  energy  energy-reality  ernst-young  us-ep-benchmark-study 

Jane Van Ryan

Jane Van Ryan
Posted June 22, 2009

A new Ernst & Young report is adding some context to 2008's wildly fluctuating oil prices and misperceptions about oil company earnings. The report, called "U.S. E&P Benchmark Study," is the consulting firm's annual snapshot of the oil and natural gas industry's exploration and production activities.

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congress  energy  energy-citizens  energy-policy  energy-reality 

Jane Van Ryan

Jane Van Ryan
Posted June 15, 2009

When asked to summarize her trip to Washington last week, one of the women from the oil and natural gas industry offered two words--"extremely enlightening."

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crude-oil  demand  diesel-fuel  diesel-prices  energy  energy-reality  gasoline  prices 

Jane Van Ryan

Jane Van Ryan
Posted June 1, 2009

When economists are asked why the price of fuel fluctuates, they often explain that price changes are due to the "market"--the interaction of all of the people around the world who buy and sell crude oil and fuels in the global marketplace. These buyers and sellers decide how much oil and oil products they are willing to buy or sell at a given price. Their decisions can be affected by several factors including weather, refinery operations, and geopolitical and economic conditions. The price of other commodities, such as wheat and corn, are determined in much the same way. I touched on these points a bit in last Friday's post.

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domestic-access  drilling  energy  energy-demand  energy-reality  offshore-technology-conference  otc34  renewables  solar  technology-innovation  wind 

Jane Van Ryan

Jane Van Ryan
Posted May 5, 2009

"It's just a matter of time before we must act on energy," said API President and CEO Jack Gerard when he met with reporters and bloggers yesterday at the Offshore Technology Conference (OTC) in Houston.

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