A mid-week update. New York oil prices, which have climbed 10 percent since early January, jumped againon Wednesday after the EIA reported that stocks at Cushing, Okla. fell by 2.7 million barrels last week as the newly opened leg of the Keystone pipeline continuing to drain oil to the Gulf Coast.
Articles: natural gas production (2)
Natural gas use is touted by industry as well on its way to replacing coal for power generation, thereby claiming significant cost savings for consumers and benefits for the environment. Unfortunately, such claims have proved short lived and oversold.