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In a World Awash With Crude Oil, Storage Companies Are Kings

2015-03-19T13:59:23-06:00

(Bloomberg) -- In a world awash with cheap oil and plunging profits, one obscure corner of the energy business is shining brightly: the owners of storage tanks. While not nearly as famous as giant oil producers like Exxon Mobil Corp. and Royal Dutch Shell Plc, storage companies including Vopak NV, Kinder Morgan Inc., Oiltanking GmbH

In a World Awash With Crude Oil, Storage Companies Are Kings2015-03-19T13:59:23-06:00

U.S. fracking bonanza to lift GDP by 1 percent by 2040

2014-12-10T14:02:07-07:00

(Reuters) - A surge of oil and gas production will drive the U.S. economy 1 percent higher in 2040 than it would have otherwise grown, and energy exports will only stoke the expansion, an independent study on energy policy concluded on Tuesday. New drilling technologies such as 'fracking' have unlocked an abundance of fossil fuels

U.S. fracking bonanza to lift GDP by 1 percent by 20402014-12-10T14:02:07-07:00

$60 Oil: Is it Sustainable and What Does It Mean for Investors?

2011-05-11T13:45:51-06:00

Oil prices recovered from a 6-year low in March to just over $60 per barrel on May 5 in response to falling U.S. inventories, which had reached the highest level in 85 years. Is this a sign that prices are due for a long-term recovery, or is it simply a swing of the pendulum? To

$60 Oil: Is it Sustainable and What Does It Mean for Investors?2011-05-11T13:45:51-06:00