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Oil and Gas Storage

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  • Why Low 2013 Gas Prices Will Soon Evaporate Saturday, 5 Jan 2013 | 9:43 AM ET

    Gasoline prices are up 8 cents in the past two weeks and will likely continue climbing through April. Experts say the 2013 national average will likely top out at about $3.95 a gallon.

  • Natural Gas Inventory Down 73 BCF     Thursday, 6 Dec 2012 | 10:27 AM ET

    CNBC's Sharon Epperson breaks down the latest data from the EIA Inventory Report.

  • How Shareholders Are Squeezing the Fracking Industry Thursday, 15 Nov 2012 | 3:26 PM ET

    Activism surrounding fracking has now migrated into the ranks of actual shareholders in the companies that perform fracking.

  • New Jersey's Port Newark Opens     Monday, 5 Nov 2012 | 8:24 AM ET

    CNBC's Jackie DeAngelis reports the latest details on recovery progress in New Jersey, as the Garden State continues to implement a gas rationing system in 12 counties.

  • Unlocking Gas Gridlock in Garden State     Monday, 5 Nov 2012 | 8:16 AM ET

    CNBC's Kate Kelly reports on restoring the fuel supply in New Jersey; and John Eichberger, National Association of Convenience Stores, discusses the drop in oil prices, as tempers flare on long lines at gas pumps.

  • Sandy Leaves NY & NJ Area in Fuel Chokehold     Monday, 5 Nov 2012 | 6:04 AM ET

    CNBC's Kate Kelly reports storage facilities that gather and distribute gasoline and jet fuels are handicapped by flooding and power shortages.

  • Alleviating the Gas Shortage     Friday, 2 Nov 2012 | 9:17 AM ET

    When will relief come to those impacted by the aftermath of Hurricane Sandy? CNBC's Kate Kelly reports the outlook.

  • Hurricane Sandy Causes 'Gasmageddon'     Thursday, 1 Nov 2012 | 10:43 AM ET

    CNBC's Mary Thompson reports diminishing fuel supplies are causing gas lines to grow at the pump. And CNBC's Kate Kelly reports how a lack of terminals is choking off gas supplies to the New York City area.

  • Following the Gasoline Supply Chain     Thursday, 1 Nov 2012 | 6:48 AM ET

    CNBC's Kate Kelly reports on potential problems facing storage facilities that gather and distribute gasoline and jet fuel to the New York City region.

  • Gasoline futures continued to trade higher in the electronic session Thursday as the latest track of Hurricane Sandy looked headed straight for the heart of the East Coast refining industry.

  • California's Pipeline Problem     Thursday, 11 Oct 2012 | 2:40 PM ET

    Bill Allayaud, Environmental Working Group, says drilling isn't the fix in California's energy crisis.

  • Crude Oil Inventories Down 2.4M Barrels     Wednesday, 26 Sep 2012 | 10:30 AM ET

    CNBC's Sharon Epperson breaks down the latest EIA numbers on energy, with Raymond Carbone, Paramount Options.

  • EIA Inventory Report: Crude Oil Up 8.5M Barrels     Wednesday, 19 Sep 2012 | 10:30 AM ET

    CNBC's Sharon Epperson reports the latest numbers on crude oil and gasoline inventories.

  • Saudis Offer Extra Oil to Control Prices Tuesday, 18 Sep 2012 | 7:53 PM ET

    Saudi Arabia has offered its main customers in the US, Europe and Asia extra oil supplies through the end of the year, a sign the world’s largest exporter is worried about the impact of rising prices on the global economy.  The FT reports.

  • Oil tanker

    Of  all the major oil-producing countries in the world, only four are showing a long-term decline in production capacity by 2020.  Factors like  the recent showdown with Iran over its nuclear program are more influential, according to a Harvard University report.

  • Keystone XL Looking Like Pipeline to Nowhere Thursday, 28 Jun 2012 | 11:44 AM ET
    Alberta Oil Sands

    Four and a half years of studies and five failed votes in the House of Representatives later, the massive Canadian-US pipeline is stuck at the Canadian border. And that won't change anytime soon.

  • OPEC Market Share To Hold Steady: Forecast Wednesday, 27 Jun 2012 | 3:42 PM ET
    off shore oil rig

    The DOE's Energy Information Administration expects the cartel's share to remain at the current 40 percent, while US domestic output rises.

  • EU to Ban the Buying of Iran's Oil     Monday, 25 Jun 2012 | 1:10 PM ET

    In one week, a EU-wide ban on Iranian oil goes into effect along with EU-wide ban on insuring any ship carrying Iranian oil, with John Hofmeister, Shell's former president & CEO.

  • A new report shows sizable amounts of recoverable oil and natural as around the scenic island chain, but its location in the hurricane belt is already raising concerns about potential environmental damage.

  • Big Players Poised for Big Payoff Wednesday, 20 Jun 2012 | 9:36 AM ET

    The natural gas industry may be hurting from rock-bottom prices now but if allowed to fully exploit the shale-gas boom, there may be few losers and many winners in the years to come.