Oil Rig Count Up by 7 Last Week, Hedge Funds Scooping Up Short Contracts

In the week ended August 5, the number of rigs drilling for oil in the United States totaled 381, up by seven compared with the prior week and a total of ...
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Gas Pump Nozzle

Summer Gas Prices Forecast at $2.04 a Gallon

U.S. drivers can expect to gasoline prices this summer to average about 22% less than last year. The U.S. Energy Information Administration (EIA) on Tuesday said it expects the average ...
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Oil and Gas Blank-Check Company KLR Energy Completes IPO

The initial public offering (IPO) market may be gasping for air, but it's not dead yet. Blank-check company KLR Energy Acquisition Corp. (NASDAQ: KLREU) completed an IPO Friday morning, raising ...
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sadness check box

Why Argus Downgraded Calpine

Calpine Corp. (NYSE: CPN) has been part of a weakening utilities industry that is now starting to recover in 2016. This industry underperformed the S&P 500 in 2015 with a ...
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Smoking himney

10 States Draining the Country’s Energy

 According to data released earlier this year, the United States consumes approximately 97 quadrillion British Thermal Units (Btu) annually, behind only China in total use and equal to nearly one ...
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