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As US oil production soars, so do pipeline accidents

...They're typically treated as perpetual pieces of infrastructure, like a bridge," said Anthony Swift, an energy analyst with the NRDC. "But it's not the same. You can fix a road or a bridge. A pipeline is much harder."
Unrest in Libya affecting prices

...exporter in the OPEC behind Saudi Arabia."The concerns in the market go beyond Libya," said Victor Shum, an energy analyst at Purvin & Gertz in Singapore. "It's unlikely we're going to see any meaningful disruption of oil from the...
OPEC split over increasing oil production

...meeting "a key event ... (that) could in fact be the most important (OPEC) gathering of the decade." IHS Energy analyst Catherine Hunter described it as "one of the most challenging sessions for some time, both in terms of gauging market...
Exxon, Shell profits plunge

...two-thirds of its earnings from oil and gas output. "The results were very disappointing," said Brian Youngberg, an energy analyst at Edward Jones. He noted Exxon has an extensive list of projects in various stages, "but now they need to start...
Pipeline could even out natural gas prices nationally

...A lot of producers didn't think it was funny," said Porter Bennett, the president and chief executive for energy analysts Bentek Energy LLC. "They were actually paying somebody to take it." Storing gas or turning off wells isn't always...
Gas prices fall as vacation season ends Oil Price Information Service.Hamza Khan, an energy analyst with The Schork Report, expects the pump price to...will do little to boost energy demand, MF Global energy analyst Mike Fitzpatrick said.Benchmark crude for October...
OPEC may raise production

...The storm was blamed for the evacuation of more than 700 offshore platforms and rigs. Muhammad-Ali Zainy, an energy analyst at the London-based Center for Global Energy Studies, said a production increase by OPEC will have a dampening...
Katrina disrupts energy output, rattles markets

...grid is the most important source of damage to consider in evaluation of the impact of Hurricane Katrina," said energy analyst Dan Lippe of Petral Worldwide in Houston. Lippe said the operations of oil refiners, natural gas processors and...
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Oil prices rise to record high

...the peak close since Nymex trading began in 1983. "The market clearly has the jitters," said Deborah White, an energy analyst at SG Securities in Paris. Broadly speaking, those jitters are tied to worldwide consumption, which is expected...
OPEC concedes it must do something to temper oil prices

...for OPEC. "For the past 1 1/2 years, OPEC has been incapable of pushing prices down," said Deborah White, an energy analyst at Paris-based SG Securities. "In order for them to regain control over oil prices, they need to have clear objectives...