Wednesday, June 10, 2026

The problem with my $70 oil call: Boone Pickens

From CNBC After oil prices plummeted, I went on the record saying I thought they’d be back above $70 per barrel by the end of 2015. The year isn’t over yet, but my prediction isn’t looking good. I thought worldwide demand would go up — and it has. The latest from the International Energy Agency shows demand is already up

Kevin McCarthy Abruptly Drops House Speaker Bid, Race Postponed

From NBC News House Majority Leader Kevin McCarthy has abruptly pulled out of the race for Speaker of the House on the same day that he was widely expected to be nominated for the position. The nominating contest in the GOP conference set for Thursday afternoon in the House has been postponed. It was not immediately clear why McCarthy, who

Resolute Energy Corporation Announces Closing of Powder River Basin Sale and Redetermination of Its Borrowing Base

DENVER, CO–(Marketwired – Oct 8, 2015) – Resolute Energy Corporation (“Resolute” or the “Company”) (NYSE: REN) announced today that it has closed the sale of its Hilight Field assets in the Powder River Basin to a private party for a purchase price of $55 million. The transaction has an effective date of July 1, 2015. The net proceeds of the sale have