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High-Risk OIl and Natural Gas Transportation Should Focus Investor Spotlight

The transportation of our essential oil and natural gas supplies has always been a risky business; with that risk underscored whenever there’s a major accident — like the massive gas pipeline explosion last week in western Missouri. But it’s events like the Missouri accident that should focus industry and investor attention on Iron Mountain (NYSE: IRM). Operating in the business software ...

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Natural Gas Boom Benefits Big Users More Than Small

natural gas prices

Fracking has sent the price of natural gas plummeting, just not for the people who need it most. The straight-out-of-the-ground price of natural gas is way down since the start of the boom in hydraulic fracturing. Back in 2008, users buying gas directly from drillers were paying an average of $7.97 per thousand cubic feet, according to the Energy Information ...

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Gas drillers should minimize impact on nature, poll says

gas drilling

Results of a poll by The Nature Conservancy in the six-state Marcellus Shale gas region of the Appalachians indicate strong support for better regional planning to minimize impacts on forest and water resources, as well as tougher environmental safeguards. The poll, scheduled for release at noon today, also shows that a majority of those polled — 54 percent — say ...

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Consumer prices slow with O&G in the west

Despite a slow but steady oil price recovery for Colorado, the growth recently came to a halt, and with it, consumer prices. According to the Denver Business Journal, the U.S. Bureau of Labor Statistics reported a 0.3 percent jump in the federal consumer price index (CPI) in western states for the month of April. This gain is notably smaller than ...

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UPDATE 2-Kuwait says oil market will balance itself, must be patient

FUJAIRAH, United Arab Emirates, Sept 17 (Reuters) – Kuwait’s OPEC governor Nawal al-Fuzaia said on Thursday the oil market would balance itself but “we need to be patient,” indicating support for the producer group’s policy of defending market share despite falling prices. Speaking at the Gulf Intelligence Energy Markets Forum in the UAE emirate of Fujairah, Fuzaia said the current ...

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