TORTOISE ENERGY INDEPENDENCE FUND, INC.

In buying Occidental Buffett is applying superb analysis to an industry that he knows, taking a knowledge-based contrary view to the idea that the death of hydrocarbons is here. Read more...

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U.S. June production was essentially flat, only down by 5 kb/d from May. The revision to May was a surprise. May was revised up by 81 kb/d to 11,312 kb/d.

Related tickers: USO, UCO, XOP, GUSH, BNO, SCO, USOI, DRIP, USL, DBO, NRGU, IEO, NDP, OILK, PXE, NRGD, USAI.