The US Flirts with SPR Release, but Energy Trend Points Higher (HP, HNRC, PDCE, PBF, CPE, SM, SWN)

The U.S. is eying the controversial step of tapping the Strategic Petroleum Reserve, a foundational deposit of oil housed in the US to act as an emergency reserve during times of geopolitical stress where energy access is in question. It was created in 1975 after the Arab oil embargo spiked gasoline prices and damaged the […]

Apache (NYSE:APA) Declares Drilling Victory in Kaybob Dunvegan – APA, DVN, SWN, XCO, TLM

Apache Corporation (NYSE:APA) declared that its results utilizing hydraulic fracturing to get well oil from a 40-year-old field northwest of Calgary were promising and it has plans to continue developing the field. The firm declared that two of its development wells in Canada’s Kaybob Dunvegan play tested at rates of 300 and 280 barrels of […]