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Natural Gas

Will brutal commodity selloff derail Fed interest rate hike?

WASHINGTON, July 21, 2015 – Whether it’s up or down on any given day, the most notable thing about the stock market’s recent action has been the steady, brutal hammering of commodity prices—particularly those of fossil fuels—particularly over the last three trading weeks or so. From its seemingly happy plateau around $60-62 bbl., West Texas ...

Thoughts on mixing wages, oil, water and stocks

WASHINGTON, January 9, 2015 – As we all know—or at least those of us who are not fashionably atheist or agnostic—the Lord giveth and the Lord taketh away. Wednesday and Thursday we got the “giveth” part. Today, as you might imagine, “taketh” has taken the fore, with the Dow off about 200 points at 11 ...

Environmental groups have lost the war against fracking

CHICAGO, June 11, 2014 — Hydraulic fracturing, or fracking, a technique to remove natural gas and oil from shale formations, has been under withering assault from environmental groups for much of the last decade. Fracking has been blamed for contamination of drinking water, air pollution, earthquakes, water shortages, global warming, radiation discharge, and even cancer. ...