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11/30/2016   OPEC Confounds Skeptics, Agrees to First Oil Cuts in 8 Years

OPEC confounded its doubters and sent crude oil prices soaring by agreeing to its first production cuts in eight years.

11/17/2016  Largest Reserves of Untapped Oil Ever Discovered Found in Texas

Estimated 20 billion barrels of oil and another 1.6 billion barrels in the Permian Basin ready to be coaxed from the earth valued at $900B.

10/21/2016  PETROLEUM DEMAND ROSE IN SEPTEMBER

PETROLEUM DEMAND ROSE IN SEPTEMBER

10/13/2016  Oil Slides After API Reports Biggest Crude Inventory Build In Six Months

Oil Slides After API Reports Biggest Crude Inventory Build In Six Months

10/10/2016  U.S. Shale Oil Output Seen Surging If Crude Reaches $60 a Barrel

Crude at $60 a barrel would probably trigger a strong increase in North American oil output

9/25/2016  Saudis Offer To Cut Production By 500,000 Barrels: "The Oil Market Situation Is Much More Critical

Saudis Offer To Cut Production By 500,000 Barrels: "The Oil Market Situation Is Much More Critical

9/6/2016  G20 Nations Pledge to Address Excess Steel Capacity

Leaders at the G-20 summit in China have agreed to create a group that will promote discussion and cooperation amongst nations on the world’s excess steelmaking capacity.

7/6/2016  Cold-Roll Imports from China, Japan Face Duties

Unfairly priced and subsidized imports of cold-rolled steel from China and Japan have injured the domestic industry and should be subject to duties, ruled the International Trade Commission in a unanimous vote June 22.

6/15/2016  Why Billions in Proven Shale Oil Reserves Suddenly Became Unproven

U.S. companies erased more than 20 percent of inventories Regulator examined estimates as wells lingered on books

6/14/2016  Omega and Sligo Madison Facility Heat Hours

Heat Hours are will be in effect Tuesday June 15th and Thursday June 16th.

6/8/2016  World Starts to Turn From Coal as Cheap Oil Gains Market Share

Coal consumption declines by most in half a century, BP says Oil’s share of market rises to 16-year high as fuel costs fall

6/2/2016  OPEC Keeps Status Quo After Failing to Agree on Output Cap

Oil extends slide as members decide against production ceiling

5/9/2016  Bacteria more effective on oil spills without dispersants, study finds

Heriot-Watt University claims to have cracked the genetic code of the marine bacteria that helped “eat” the oil spilled from the Deepwater Horizon.

5/3/2016  Trump and Obama Agree: Chinese Steel Is a Problem

The Obama administration and Trump appear to have found common ground on proposed Chinese trade restrictions.

5/2/2016  Halliburton, Baker Hughes Calls Off $28 Billion Deal

Halliburton Co. and Baker Hughes Inc. called off their $28 billion merger, which has met stiff antitrust resistance from regulators in the U.S. and Europe.

4/29/2016  Lost in the Seat Cushions, There’s $100 Million in Spare Change

Cash found in salvage yards, often in China, is redeemed with the U.S. Mint; 6,000 one-pound coins

4/12/2016  World's Top Traders Say the Worst Is Over for Oil

Top executives at the world’s largest oil-trading houses said the worst of the market’s woes are probably over, with some predicting prices will climb to $50 a barrel by next year.

3/28/2016  Why Russian Oil Production is on the Verge of Decline

Why Russian Oil Production is on the Verge of Decline

3/23/2016  Why the oil glut won't derail the Bakken pipeline

3/8/2016  Vale, Fortescue Game-Changing Deal to Shake Up Big Iron Ore

A pact between two of the world’s largest iron ore producers promises to intensify competition among the sector’s top four players, just as Chinese demand is forecast to falter after the nation’s production of steel peaked

2/22/2016  First U.S. shale gas exports imminent as tanker docks at Sabine Pass

A liquefied natural gas (LNG) tanker on Sunday docked at the Sabine Pass terminal in Louisiana, with only days to go before the United States ships its first export cargo of seaborne gas from the lower 48 states.

1/18/2016  The North Dakota Crude Oil That's Worth Less Than Nothing

Oil is so plentiful and cheap in the U.S. that at least one buyer says it would need to be paid to take a certain type of low-quality crude.

12/10/2015  Billions of Barrels of Oil Vanish in a Puff of Accounting Smoke

In an instant, Chesapeake Energy Corp. will erase the equivalent of 1.1 billion barrels of oil from its books.

12/4/2015  OPEC Sets New Output Ceiling and Sinks Crude Market

12/2/2015  Natural Gas Slump Hits America's Biggest Fracking Field

11/2/2015  Oil Guru Who Called 2014 Rout Sees OPEC Production on Hold

OPEC will probably hold production steady at its meeting next month...

10/20/2015  OPEC Brings Oil Price War Home In Pursuit For Asia's Cash

When it comes to deciding how much to charge Asian oil buyers, OPEC members are showing little regard for tradition.

10/14/2015  House Votes To Lift 40-Year-Old Ban On U.S. Crude Oil Exports

The House overwhelmingly approved a bill Friday which would lift the forty year old ban on exporting US crude oil, a restriction which critics say hurts job creation and US national security.

10/8/2015  U.S. Steel may temporarily close Granite City steel mill

U.S. Steel said Tuesday it may temporarily idle its Granite City Works steel mill, which would put 2,000 people out of work.

9/17/2015  Goldman Sees 15 Years Of Weak Crude

A glut of crude may keep oil prices low for the next fifteen years, according to Goldman Sachs Group Inc.

8/24/2015  IT'S A BOY!

Congratulations Patrick, Angela, and Jack Murphy!

7/15/2015  US Steel Makes Granite City Upgrade

USS Makes Granite City Upgrade

5/15/2015  The Passing of Riley B. (BB) King

The undisputed KING of Memphis style blues BB King...

5/14/2015  Williams Cos. to Acquire Its Partnership

Pipeline company to reabsorb MLP in deal worth $13.8 billion as structure proves unwieldy

5/13/2015  Oil glut worsens as OPEC market-share battle just beginning: IEA

A global oil glut is building as OPEC kingpin Saudi Arabia pumps near record highs in an attempt to win a market-share battle against stubbornly resistant U.S. shale production, the International Energy Agency (IEA) said on Wednesday.

5/8/2015  Hengyang Seamless Material Hits Out Dock in Houston

New heavy-wall seamless API in stock and ready for immediate sale!

5/7/2015  Using lasers, scientists etch new surfaces that allow metal to repel water, absorb light and self-clean

Physically altering the surface of metals achieves long lasting results...

5/4/2015  Energy Quote Of The Day: Putting A Brake On Crude By Rail

The Obama administration late last week put out a final safety rule on moving flammable liquids by rail, a subject of concern with the growth in crude by rail. Critiques were plentiful on the high-stakes issue.

4/23/2015  Fugro sets seafloor drill water depth record

Fugro has set a seafloor drill water depth record of 2,923 m (9,589 ft)

9/15/2014  JUST ARRIVED!!! 8.625" x .875"

10,000' of surplus 8.625" x .875" just came into our inventory in Houston, TX.

9/2/2014  Newly Arrived Heavy-Wall API/SA106

Newly arrived...just over 150 tons of heavy-wall 18" - 24" X42/SA106 NACE MR-0175

8/29/2014  Man Dressed As Highlighter Gives Kids Boat Rides

7/12/2014  US Sets Duties On South Korean Pipe

The U.S. Commerce Department on Friday set duties on South Korean steel pipe used in the oil and natural gas industry, reversing itself in one of the most contentious trade disputes in years after hefty lobbying from U.S. producers and lawmakers.

7/3/2014  LNG Exports To Boost Dry Gas Drilling, Underscore America’s Resource Vitality

While U.S. liquefied natural gas exports will not impact the market anywhere nearly as dramatically as weather, they do have the potential to consistently help maintain prices at levels sufficient to bolster dry gas activity and increase domestic supply availability.

6/13/2014  Incoming V&M Stock

Premium Pipe will be bringing in just over 267 tons of V&M APIX65

5/23/2014  2014 Omega/Sligo Invitational

Here are the results...

4/9/2014  34th Annual Omega Steel Invitational

Spots are filling up fast!!!!

3/12/2014  Traders Warm to Canada Energy Stocks on Pipeline Bets

Expanding pipelines and railroads are helping Canada’s biggest energy companies get higher prices for oil, leaving bulls in command in the options market

3/6/2014  JFE Steel develops world first X80 grade HFW pipe

JFE Steel Corporation announced that it has developed the world’s first API X80 grade high frequency welded steel pipe with thickness of one inch (25.4 mm). JFE Steel also announced that it has received the first two commercial orders for its uniquely thick HFW pipe.

2/24/2014  Silencing China's zombie steel mills no solution for smog

China is cutting steel production by 35% (86 million MT) by 2020.

2/17/2014  Just Received...3.5" x .600" Surplus APIX42/A106 Tenaris

We just took delivery of another 4,746 feet of surplus APIX42/A106 from Tenaris

1/29/2014  Mexico Opens Door To Free Enterprise In Energy

As Mexico moves to open its energy sector to international companies, the new investments and increased activity could mean a bonanza for border towns on both sides, attracting as much as $1.2 trillion in economic activity to the region in the next decade, according to a BBVA Compass economist.

1/27/2014  Omega Steel Announces It's 2014 Running Team's Final Roster

Omega Steel is presenting its strongest field ever in the 2014 New Orleans Rock & Roll Marathon this Sunday...

1/23/2014  Proposed fracking in national forest meets broad opposition

The U.S. Forest Service considers allowing hydraulic fracturing for natural gas in George Washington National Forest in Virginia, stirring concern about risks to drinking water in the Washington, D.C., area.

1/20/2014  Beijing Lays Siege to China’s Steel Output

China’s steel mills posted record-high output in 2013. But as China’s economy slows, official data show its crude steel production also ebbing.

1/13/2014  Turkey Drives Decline On US Ferrous Scrap Exports

US ferrous scrap exports continued to disappoint in November with a third consecutive monthly drop, as lower shipments to Turkey overshadow overall increase to South Korea, China, and Taiwan.

1/7/2014  Omega/Sligo Steel Warehouse Temporary Hours Of Operation

Omega Steel's Madison, IL. facility will be closed Tuesday January 7th. Sligo's sales office and warehouse will be open.

1/6/2014  Omega Steel's Madison, IL. Facility Closed Due To Weather

Our Madison facility will not be loading any trucks today Monday January 6th due to the weather. We plan to resume partial operations on Tuesday January 7th.

11/7/2013  The Singing Ringing Tree

A metal tree emits eerie, melodic notes on top of Lancashire's Crown Point

10/11/2013  TMK IPSCO Announces Price Increases

TMK IPSCO raises prices on all ERW line pipe...

9/24/2013  New Sligo Steel Website Launched!

After months of creating all these size charts, the new Sligo Steel site is up and running

7/15/2013  Omega Steel Profile In Piling Canada

Industry magazine Piling Canada features Omega Steel Company in their Q3 2013 issue...

5/24/2013  2013 Omega/Sligo Invitational Results

Here's how it all panned out...

5/17/2013  EIA Short-term Energy Outlook

•Falling crude oil prices contributed to a decline...

5/1/2013  Volunteers Needed For Saturday Food Drive

FISH of St. Charles needs your help sorting food donations this Saturday 5.4.2013

3/15/2013  33rd Annual Omega Steel Invitational Golf Tournament

Details have just been announced for our 33rd annual golf event and castle party...

3/13/2013  US steel body sees 'concerning' imports surge in 2013

U.S. steel output down 7 pct year-on-year in early 2013

1/30/2013  Omega Sled Team Slides To Silver

A group of Boy Scouts proved to be too much for the Dukes of Hazzard and “General Lee" in the final human dog sled race Saturday afternoon in O'Fallon Sports Park.

1/22/2013  Nebraska governor approves revised Keystone pipeline route

Nebraska Gov. Dave Heineman notified the Obama administration Tuesday that he has approved the controversial Keystone XL Pipeline to traverse his state, marking a significant step toward reviving the project after President Obama and Secretary of State Hillary Clinton sidelined it.

12/4/2012  US oil production hits 15-year high

Domestic crude oil production in September hit the highest monthly output since 1998, according to the U.S. Energy Information Administration (EIA).

11/12/2012  Volunteers Needed at FISH Food Pantry

Time once again for the Boy Scout food drive and FISH food pantry of St. Charles is needing volunteers.

9/25/2012  BIG CHEESE GIVES COWORKERS A RIBBING!

"Give me a grill and a rack of ribs and I will move the world.", says the 2012 Omega Steel Rib Cook-off champion Greg Semmel.

9/18/2012  July Steel Shipments Down 1.3 Percent From June, Lowest Monthly Shipment Figure in 2012

WASHINGTON, D.C. – The American Iron and Steel Institute (AISI) reported today that for the month of July 2012, U.S. steel mills shipped 7,910,486 net tons, a 1.3 percent decrease from the 8,016,834 net tons shipped in the previous month, June 2012, and a 6.8 percent increase from the 7,409,450 net tons shipped in July 2011. Shipments year-to-date in 2012 are 58,027,590, an 11.2 percent increase vs. 2011 shipments of 52,189,307 for seven months.

8/27/2012  Alaska pursuing unconventional shale oil development to fill its pipeline

Canada may have its Albertan oil sands, and North Dakota has its Bakken oil formation. But don’t count Alaska out when it comes to producing unconventional oil.

8/1/2012  US Steel Does Not Foresee Work Stoppage

7/9/2012  TONI THOMPSON RETIRES AFTER 23 YEARS!!!

Toni Thompson retires after 23 years with Omega Steel Company.

6/18/2012  OMEGA STEEL WELCOMES JOHN WATTS

Omega Steel welcomes John Watts to the Madison yard.

5/7/2012  VOLUNTEERS NEEDED FOR FOOD DRIVE

The annual Mail Handler's food drive is coming up this weekend and we are asking anyone free, to help out at FISH of St. Charles this Saturday should contact Mike Meyerhoff(mike@omegasteel.com 314.595.5040)

5/4/2012  TRANSCANADA RE-APPLIES FOR KEYSTONE XL PIPELINE PERMIT

http://www.bloomberg.com/news/2012-05-04/transcanada-applies-for-u-s-permit-on-portion-of-keystone-xl.html