oil and gas

153715598

Crude Oil Inventory Drops Sharply, Driving Prices Higher

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories decreased by 4.5 million barrels last week, maintaining a total U.S. commercial ...
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Blue flames of gas stove

Natural Gas Inventory Growth Slows

The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks increased by 78 billion cubic feet for the week ending August 8, compared with an expected ...
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153715598

Crude Oil Inventory Continues to Drop, Prices Drop Too

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories increased by 1.4 million barrels last week, maintaining a total U.S. commercial ...
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Fuel pump in fuel tank

8 States Where Gas Costs Less than $3.25 a Gallon

Gasoline prices in the United States fell an average of $0.17 a gallon from July 1 to July 31. Since then, the average price has fallen nearly another $0.05 per ...
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Oil Tanker

IEA Chops Oil Demand Growth Estimate

The International Energy Agency (IEA) in its July release projected 2014 oil demand growth of 1.2 million barrels a day. It also projected at the time that demand would rise ...
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oil rig and tanker

Is Cal Dive Now Even Further At-Risk?

Cal Dive International, Inc. (NYSE: DVR) is finding itself in the soup yet again, after its chart resembles a staircase that has only gone down. Its stock has fallen by ...
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Kiev

Who Needs Russia? Ukraine Will Destroy Itself With New Gas Tax

By James Stafford of Oilprice.com Ukraine doesn't need Russia to take it down -- Kiev is doing fine destroying itself, most recently with a new tax code that doubles taxes ...
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Kinder Morgan pipeline

New Kinder Morgan Keeps Focus on Cash and Shareholder Returns

Kinder Morgan Inc. (NYSE: KMI) CEO Richard Kinder takes a salary of just $1 a year for his role as chairman and CEO of KMI and the other companies in ...
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Oil pipeline

Kinder Morgan Consolidates: Opts for Simplifying the Business

Update: When Richard Kinder did not get the CEO job at Enron, he put together a deal to acquire Enron’s pipeline assets. The resulting company, Kinder Morgan Energy Partners ...
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Railroad Oil Tank Cars

4 Top Oil Service Stocks to Buy Now That U.S. Production Is Booming

One thing that really contributes to growing gross domestic product (GDP) is a shrinking trade deficit. One of the reasons the U.S. trade deficit is growing smaller is that slowly ...
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153715598

Falling Gasoline Prices May Not Be Stopped by Inventory Declines

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories decreased by 1.8 million barrels last week, maintaining a total U.S. commercial ...
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chesapeake-energy-logo

Chesapeake Profits Hit by Lower Gas, Oil Prices

Chesapeake Energy Corp. (NYSE: CHK) reported second-quarter 2014 earnings before markets opened Wednesday. The oil and gas exploration and production company posted adjusted diluted earnings per share (EPS) of $0.36 ...
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chesapeake-energy-logo

What to Expect From Chesapeake Earnings

Chesapeake Energy Corp. (NYSE: CHK) is set to report earnings on Wednesday morning before the opening bell. The natural gas giant has remained of interest to investors even if the ...
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Alternative Energy sources

Credit Suisse Energy and Cleantech Stock Picks With as Much as 65% Upside

Just when the clamor had reached a crescendo that the market was ready to roll over, we saw a return to buying Monday. While there is still a lot of ...
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Why Exxon Is a Better Value Than Chevron After Earnings

The two largest U.S. integrated oil and gas companies reported second-quarter results last week, and they topped both EPS and revenue estimates. Since Exxon Mobil Corp. (NYSE: XOM) reported last ...
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