Global Issues Impact Oil Price

As new infrastructure is constructed to move oil in and out of the US storage hub in Cushing, Oklahoma, the volume and quality of the crude stored at any given time is becoming increasingly difficult to calculate, confounding traders of benchmark WTI. [Reuters]

Former EPA chief Lisa Jackson took a job promoting energy efficiency at Apple. [GIGaom]

Russia will reportedly break Gazprom’s LNG export monopoly by year end. Now Novatek and partners just need to complete Yamal LNG. [Natural Gas Europe]