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Investing Topics: energy

Why Did Oil Prices Walk off a Cliff?

By Elliott H. Gue on Mar. 14, 2017
The breakdown in oil prices dominated financial headlines over the past week. WTI had ranged between $50.50 and $51.50 per barrel for much of 2017 until the commodity tumbled through this floor, the psychologically important price of $50 per barrel and the 200-day moving average of $48.67 per barrel. What happened?

US Propane Exports on the Rise

By Peter Staas on Sep. 29, 2014
US propane production from gas-processing plants surged 15.6 percent last year to 823 million barrels, a new record. And this explosive growth looks set to continue over the next three years. The Energy Information Administration’s most recent Short-Term Energy Outlook implies that propane output from US gas-processing plants will grow 21.8 percent over the next three years and exceed 1 billion barrels in 2016.

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