Home / Tag Archives: energy market

Tag Archives: energy market

Activity up, hiring increases in the Bakken

top 5 bakken stories of the week

Oil companies are hiring in the Bakken, and more jobs are expected to open up next year, according to the Bismarck Tribune today. Job Service North Dakota announced six oil companies are looking for workers to man fracking crews in the new year, said Cindy Sanford, customer service office manager of Job Service’s Williston branch. She said she couldn’t reveal ...

Read More »

Billions wiped off energy shares as investors rush for exit

LONDON – A fresh slide in the price of crude wiped tens of billions of dollars off oil companies’ market value on Friday and signaled an end to the sector’s safe-haven status, as fears mounted over future profits and dividend payouts. Fund managers described the last 24 hours of trading as “capitulation” – the point at which a sell-off becomes ...

Read More »

Global crude shortages now outweighed by US production

Shane Thielges | Shale Plays Media Record-setting production levels of liquid fuel in the U.S. are high enough to offset global oil price spikes caused by unplanned production disruptions, reports the Energy Information Administration. The results of a multi-year EIA study of America’s effect on the global energy market were released yesterday. The organization concluded that the country’s growing liquid ...

Read More »

US energy stocks soar on overseas conflict

Shane Thielges | Shale Plays Media CNNMoney reports today that recent developments overseas have driven energy stocks to record levels. Russia’s Gazprom energy utility cut shipments of natural gas to Ukraine earlier this week following Kiev’s failure to pay off its debts by the June 16 deadline. The move cuts a significant source of power to the European Union, which ...

Read More »