Energy Update
(Tue, 09 Aug 2016) During the summer, when storage operators are typically injecting natural gas into storage facilities to build up inventories before the winter months, natural gas inventories in Southern California have remained nearly flat.
(Tue, 09 Aug 2016) Crude oil prices broke below $45/b and out of of a two-month-long trading range in July. The front-month Brent crude oil price decreased $6.06 per barrel (b) since July 1, settling at $44.29/b on August 4 (Figure 1). The West Texas Intermediate (WTI) crude oil price settled at $41.93/b, declining $7.06/b over the same time.
CARACAS, Aug 8 (Reuters) - A meeting between OPEC and
non-OPEC countries may take place "in the coming weeks,"
Venezuelan Oil Minister Eulogio del Pino said on Monday, as the
crisis-stricken South American nation seeks to prop up weak oil
markets.
TOKYO, Aug 9 (Reuters) - Crude prices inched down on Tuesday
in Asia, paring gains of nearly 3 percent from a day earlier, as
worries over a global oil glut tempered speculation that OPEC
would try to restrain output.
Michael David Winery has completed phase one of its solar power electric systems to its Highway 12 and Bare Ranch locations in Lodi, CA.
Aug 8 (Reuters) - Pipeline company Williams Cos Inc
and its master limited partnership agreed on Monday to sell
their Canadian natural gas liquids midstream businesses to Inter
Pipeline Ltd for total cash proceeds of C$1.35 billion
($1.03 billion).
Aug 8 (Reuters) - Pipeline company Williams Cos Inc
and its master limited partnership said they agreed to sell
their Canadian businesses to Inter Pipeline Ltd for
total cash proceeds of C$1.35 billion ($1.03 billion).
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