Wealth

A wealth of previously unavailable information about oil and natural gas resources and activity in Wyoming is becoming available through the auspices of two state agencies.

For the time being at least, Marcellus Shale producers are paying the price for too much of a good thing. Concentrated development in the nation’s preeminent shale gas play has made for basis-inverting constraints on Tennessee Gas Pipeline. However, the industry has seen this sort of thing before (in the Rockies more than once, for instance), and the market will work it out, eventually, a Marcellus producer told NGI’s Shale Daily.

Natural gas supplies are likely to continue growing, according to analysts at UBS Wealth Management Research, since drilling activity has increased by more than 200 rigs since early in the second half of last year.

Natural gas supplies are likely to continue growing, according to analysts at UBS Wealth Management Research, since drilling activity has increased by more than 200 rigs since early in the second half of last year.

Regulators of energy commodities markets would do well to take a page from An Inquiry into the Nature and Causes of the Wealth of Nations in which 18th century economist Adam Smith writes of “the invisible hand” as a beneficial consequence of free markets, a witness told a Senate subcommittee last Wednesday. “It’s been often quoted; it’s been seldom read,” said Robert McCullough of McCullough Research.

Regulators of energy commodities markets would do well to take a page from An Inquiry into the Nature and Causes of the Wealth of Nations in which 18th century economist Adam Smith writes of “the invisible hand” as a beneficial consequence of free markets, a witness told a Senate subcommittee Wednesday. “It’s been often quoted; it’s been seldom read,” said Robert McCullough of McCullough Research.

With a vow to make the most of natural gas wealth before depletion dries up the gravy train, the Alberta government is emerging as an international private equity investor with a taste for energy niches.

With a vow to make the most of natural gas wealth before depletion dries up the gravy train, the Alberta government is emerging as an international private equity investor with a taste for energy niches.

Despite the increased volatility for oil and natural gas prices, the shift of wealth from other parts of the U.S. economy into the energy sector will continue to drive stock prices higher — especially in the next year — according to Raymond James’ latest “Stat of the Week.”