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Articles: US oil prduction (2)

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Lipstick on a pig: America as the world's swing producer of oil

Investors and policymakers would be wise to stop staring at the glossy lipstick now being applied to the carcass of the U.S. industry. At least a pig with lipstick brings hope of a pork dinner at some point. All the industry has to offer now are shattered dreams and negative cash flows.

Peak oil notes - June 19

A midweek update. London oil prices have continued to move higher this week as the Iraqi situation deteriorated further with Brent closing on Wednesday at $114.22.

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