Benchmark Crude Oil

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Republican U.S. presidential candidate Jeb Bush will lay out energy policy proposals on Tuesday that seek to spur job growth and take aim at President Barack Obama’s plan to limit carbon emissions from power plants. [Reuters] Benchmark U.S. crude rose 86 cents to $45.29 a barrel on the NYMEX this Tuesday. Brent Crude was up… Keep reading →

U.S. Government Releases Over $5 Billion In Aid For Home Heating Bills

Benchmark crude oil price declines may threaten domestic producers’ continued production growth. On January 5, 2015, the Energy Information Administration (EIA) released a report — drawing from the S&P Goldman Sachs Commodity Index (GSCI) — showing that energy commodity prices recorded the largest declines in 2014 compared to non-energy commodities.  Notably, the GSCI’s energy component… Keep reading →