BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Energy Department Admits Numbers on Natural Gas Production Are Wrong]]>http://www.bloggingstocks.com/2010/04/05/energy-department-admits-numbers-on-natural-gas-production-are-w/http://www.bloggingstocks.com/2010/04/05/energy-department-admits-numbers-on-natural-gas-production-are-w/http://www.bloggingstocks.com/2010/04/05/energy-department-admits-numbers-on-natural-gas-production-are-w/#commentsFiled under: , , , ,

The Energy Department said that its statistics on natural gas production are wrong.

The Energy Information Administration, the statistical arm of the Energy Department, regularly issues its 914 report which is used by the industry and analysis as guide for everything from making capital investments to predicting future natural gas prices and stock recommendations.

Continue reading Energy Department Admits Numbers on Natural Gas Production Are Wrong

Energy Department Admits Numbers on Natural Gas Production Are Wrong originally appeared on BloggingStocks on Mon, 05 Apr 2010 09:30:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>eiainthenewsnatural gas pricesNaturalGasPricesMon, 05 Apr 2010 09:30:00 EST<![CDATA[Devon at this price level is nearly divine]]>http://www.bloggingstocks.com/2008/01/25/devon-at-this-price-level-is-nearly-divine/http://www.bloggingstocks.com/2008/01/25/devon-at-this-price-level-is-nearly-divine/http://www.bloggingstocks.com/2008/01/25/devon-at-this-price-level-is-nearly-divine/#commentsFiled under: , ,


Devon Energy (NYSE: DVN) is an oil/natural gas exploration company, with operations in the U.S., Canada, and abroad.

Readers of this space know that one argument forwarded here is that in the era of elevated energy prices, oil/natural gas companies are likely to remain promising plays for the foreseeable future, baring the discovery of a cheap, widely-available, alternative energy. And among oil/natural gas companies, Devon Energy is worth an evaluation.

Analysts like DVN's sizable proved oil/gas reserves of 2.34 billion barrels of oil equivalent. Production volume should increase 4-5% in 2007 and 7-11% in 2008. Analysts also like Devon's strategy decision to sell international assets with lower growth prospects. Meanwhile, the company's overall costs remain reasonable.

Continue reading Devon at this price level is nearly divine

Devon at this price level is nearly divine originally appeared on BloggingStocks on Fri, 25 Jan 2008 13:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Devon EnergyDevonEnergyDVNnatural gasnatural gas pricesNaturalGasNaturalGasPricesoiloil pricesoil stocksOilPricesOilStocksFri, 25 Jan 2008 13:30:00 EST<![CDATA[Oil falls below $90 as inventories rise, yet IEA maintains demand estimate]]>http://www.bloggingstocks.com/2008/01/16/oil-falls-below-90-as-inventories-rise-iea-maintains-demand-es/http://www.bloggingstocks.com/2008/01/16/oil-falls-below-90-as-inventories-rise-iea-maintains-demand-es/http://www.bloggingstocks.com/2008/01/16/oil-falls-below-90-as-inventories-rise-iea-maintains-demand-es/#commentsFiled under: , ,

Oil plummeted $2.38 to $89.52 in early trading Wednesday after the U.S. Energy Information Agency announced that weekly crude oil inventories rose 4.3 million barrels to 287.1 million barrels, well above the 1.25 million barrel increase consensus estimate.

Heating oil fell 4 cents to $2.49, unleaded gasoline fell about 5 cents to $2.26, and natural gas fell about 4 cents to $8.15 per million BTUs.

However, despite the prospect of a U.S. recession that could lower oil demand, the International Energy Agency maintained its 2008 global oil demand forecast at 87.8 million barrels per day, a 2.3% increase from 2007, the organization announced Wednesday in a statement.

Still, the IEA qualified its 2008 oil demand projection by saying the estimate would be adjusted downward if evidence indicated the U.S. economy continues to slow.

Continue reading Oil falls below $90 as inventories rise, yet IEA maintains demand estimate

Oil falls below $90 as inventories rise, yet IEA maintains demand estimate originally appeared on BloggingStocks on Wed, 16 Jan 2008 13:06:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>emerging marketsgasolinegasoline pricesglobal oil demandglobal oil supplyheating oilHeatingOilPricesInternational Energy Agencyinthenewsnatural gasnatural gas pricesNaturalGasNaturalGasPricesOECDoiloil pricesrecessionU.S. economyU.S. Energy Information AgencyWed, 16 Jan 2008 13:06:00 EST