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Tag Archives: production cuts

U.S. oil poised as next swing producer – INTERVIEW

energy market, oil swing producer

Oil prices have taken a wild ride in recent years, and nobody knows exactly where they will settle. Some market analysts, though, have a better idea than others. Brent Berarducci of Blacklion Capital Management, namely, is one unique to the oil and gas financial market. His boots have been on the ground (as well as 30,000+ feet in the air) ...

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Everyone is taking hits from gas prices, even food

oil and money

Over the past months, oil and natural gas prices have fallen and caused job cuts, facility closings, rent decreases and even cutbacks on food production. The most common issue when it comes to falling energy prices is job cuts.  Most recently, Siemens Energy Inc. laid off 240 employees from its Mount Vernon plant.   Siemens Energy, which was acquired by Rolls-Royce ...

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