Deck

House Speaker John Boehner Monday signaled that the House will take up legislation that will seek to clear the deck for expanded oil and natural gas production, with revenues going towards infrastructure upgrades.

Because an “all-time high level” of uncompleted natural wells in the Haynesville Shale await a tie-in to pipelines, don’t expect an immediate drop-off in incremental supply as the rig count drops, analysts with Raymond James & Associates Inc. said in a note Monday.

For Royal Dutch Shell and the rest of the energy industry, “it’s all hands on deck and overtime on the bridge,” the CEO said last week. CEO Jeroen van der Veer also said it was time for the Obama administration to heed the call and allow exploration in Alaska’s Outer Continental Shelf (OCS).

For Royal Dutch Shell and the rest of the energy industry, “it’s all hands on deck and overtime on the bridge,” the CEO said Tuesday. CEO Jeroen van der Veer also said it was time for the Obama administration to heed the call and allow exploration in Alaska’s Outer Continental Shelf (OCS).

With a bullish long-term price deck of $70/bbl for crude oil and $10/Mcf for natural gas — and a 2% price inflator after 2007 — investors should expect “solid stock price performance” for the “entire energy complex,” including exploration and production (E&P) companies, said Raymond James in its latest “Stat of the Week.”

With a bullish long-term price deck of $70/bbl for crude oil and $10/Mcf for natural gas — and a 2% price inflator after 2007 — investors should expect “solid stock price performance” for the “entire energy complex,” including exploration and production (E&P) companies, said Raymond James’ energy analysts in their latest “Stat of the Week.”