We are continuing to see a mixed picture in oil and byproduct inventory levels in the United States. Some is seasonal, and some may be due to outside demand issues. This morning’s…
Farm products giant Archer Daniels Midland Co. (NYSE: ADM) posted EPS of $0.54 on revenue of $16.8 billion. Analysts were expecting EPS of $0.75 on revenue of $15.66 billion, so the company’s…
Valero Energy Corp. (NYSE:VLO) is the first of the oil refiners to report earnings this quarter, and this morning’s release is a lot better than a year ago, when diluted EPS soured…
The US Environmental Protection Agency has released its expected increase in the ethanol “blend wall” from 10% (E10) to 15% (E15) for light vehicles built in model year 2007 and later. The…
Chevron Corp. (NYSE: CVX) is apparently neither immune to international currency issues nor to swings in the oil patch despite oil prices being higher year-over-year. The company has issued a slight earnings…
In March 2009, the five ethanol-producing plants owned by a subsidiary of Pacific Ethanol, Inc. (NASDAQ: PEIX) filed for bankruptcy protection. The plants exited bankruptcy in June 2010, under ownership of several…
Last February, Royal Dutch Shell plc (NYSE:RDS-A) and Brazil’s Cosan Ltd. (NYSE:CZZ) signed an agreement to create a joint venture to distribute and sell cane ethanol in Brazil. The two companies have…
The Department of Energy released its weekly Crude Oil and energy inventories this morning. Despite some supply issues being obvious, there has been no help as investors are looking to lower-risk assets…
The corn ethanol industry in the US has received some $41 billion in federal subsidies since 1980. This year alone, federal subsidies are expected to total about $7.6 billion. As the federal…
Day traders and active traders have many stocks to choose from. Some are on earnings, some are not. The top day trader and active trader alerts early this Tuesday are BP plc…
The Department of Energy released its weekly Crude Oil and energy inventories this morning. Some real surprises were seen considering the time of year we are in and the mess in the…
The federal subsidy of $0.45/gal for domestic ethanol is set to expire at year’s end, and the sparks are flying now as the embattled industry seeks to renew government payments. On one…
Betting on carbon capture has been hard to do, and it still may be a stretch for some investors who may have preferred to see smaller companies. Today came the announcement from…
The weekly Department of Energy inventories data came out this morning. There seems to be good news for those looking for price stability as crude oil inventories went up and capacity rates…
Crude oil prices are off more than 20% from their high of $87.15 on May 3rd. The major contributor to that slide are serious concerns over sovereign debt primarily in the European…
