Behavior

In terms of oilfield services supply and demand conditions, Halliburton Co. CEO Dave Lesar sees the U.S. unconventional basins in black-and-white terms: oversupplied, undersupplied or neutral.

The general weather moderation in most areas had proven puzzling Tuesday when most points rose a few cents, but it appeared that logical behavior had returned to the market Wednesday as prices fell across the board. The previous day’s futures decline of 1.1 cent, while minuscule, was an added slightly bearish factor in the cash market.

The general weather moderation in most areas had proven puzzling Tuesday when most points rose a few cents, but it appeared that logical behavior had returned to the market Wednesday as prices fell across the board. The previous day’s futures decline of 1.1 cent, while minuscule, was an added slightly bearish factor in the cash market.

The effects of global climate change, including severe droughts, excessive sea level rise, erratic storm behavior, deteriorating glaciers, pestilence and shifts in agriculture ranges, could increase instability and lead to conflict in already fragile regions of the world, witnesses said during a hearing of the Senate Committee on Foreign Relations in Washington, DC, last Tuesday.

The effects of global climate change, including severe droughts, excessive sea level rise, erratic storm behavior, deteriorating glaciers, pestilence and shifts in agriculture ranges, could increase instability and lead to conflict in already fragile regions of the world, witnesses said during a hearing of the Senate Committee on Foreign Relations in Washington, DC, on Tuesday.

Judging by recent exploration and production (E&P) company behavior, some in the energy patch are in denial that low gas prices will be around for a while, Becca Followill, managing director at Tudor, Pickering Holt & Co. Securities Inc., told an industry audience in Houston last Thursday.

Judging by recent exploration and production (E&P) company behavior, some in the energy patch are in denial that low gas prices will be around for a while, Becca Followill, managing director at Tudor, Pickering Holt & Co. Securities Inc., told an industry audience in Houston Thursday.

Energy companies need to be proactive in policing the marketplace behavior of their employees, and when they find legal or ethical problems they need to be forthright in self-reporting transgressions to FERC, according to a Washington, DC, energy attorney who has closely analyzed the expanded federal enforcement policies granted the Commission in the 2005 Energy Policy Act (EPAct).

Energy companies need to be proactive in policing the marketplace behavior of their employees, and when they find legal or ethical problems they need to be forthright in self-reporting transgressions to FERC, according to a Washington, DC, energy attorney who has closely analyzed the expanded federal enforcement policies granted the Commission in the 2005 Energy Policy Act (EPAct).