Canary LLC brings you this week’s breaking news: May 15: Red Sea Shale Deposits Bolster Saudi Natural Gas Reserves An annual review from the Saudi Arabian Oil Company cited today in a Bloomberg report states that the country’s natural gas reserves rose from 285 trillion cubic fe
Historically, petroleum markets have been notoriously volatile. Natural gas prices even within the last decade have seen dramatic rises and falls. Oil prices have been known to surge at the slightest hint at a disruption in production. New York Mercantile Exchange prices for West Texa
Catch a glimpse of what you missed from “Off to the Races: Shale Boom Creates Refinery Revival” Up for Consideration: What steps must be taken to update existing refineries to meet the demands of the emerging energy marketplace? The Skinny: Aging American oil refineries that were desi
Ever since those days of rationing and long lines at the gas pump that hallmarked our nation’s energy crisis following the 1973 OPEC oil embargo, our country’s leaders have been on a quest toward energy independence. Presidents since then have promised that the US would wean itself of
When Iran continued to enrich uranium despite UN Security Council resolutions and sanctions on Iranian exports by the US and EU, it seems that this oil-rich OPEC nation, accustomed to practicing strong-arm tactics in an energy-fueled geopolitical landscape, failed to notice one pretty