ThinkstockIt was only a matter of time. In the wake of the 1973 OPEC oil embargo, the U.S. enacted a law in 1975 that prohibits (with minor exceptions) exporting U.S. crude oil.…
ThinkstockThe Permian Basin in West Texas is truly a story of the Phoenix rising from the ashes. Since its discovery, the oil-rich region has had its ups and downs, with activity sloping…
ThinkstockWith tops across the Nasdaq, Dow Jones Industrial Average (DJIA) and S&P 500, concern is growing that, with a relatively poor economy and high unemployment, low interest rates cannot keep pushing the…
Courtesy Boeing Co.Boeing Co. (NYSE: BA) is a very important company to the U.S. stock market. It is not just that Boeing is involved in our national defense and not just that…
courtesy of Chevron Corp.Following a November 2011 leak of about 3,600 barrels of oil from a rig offshore of Brazil, Chevron Corp. (NYSE: CVX) and driller Transocean Ltd. (NYSE: RIG) were slapped…
ThinkstockThe run-up in crude oil prices that got rolling in mid-April has pushed West Texas Intermediate (WTI) crude prices from around $87 a barrel to almost $110 a barrel. That is a…
ThinkstockThe U.S. Energy Information Administration (EIA) released the September revision to its Short-Term Energy Outlook on Tuesday, and the major change is that the EIA now expects the average price of a…
Wikimedia CommonsChances are high that you already have heard that the Dow Jones Industrial Average (DJIA) is making a serious change among its 30 constituents. What you might not have heard outside of…
Wikimedia CommonsEven if crude prices are at two-year highs, $110 per barrel crude has done nothing to help most oil stock prices. Exxon Mobil Corp.’s (NYSE: XOM) share price is down 5%…
ThinkstockWith the increasing likelihood of a U.S.-led military intervention in Syria, the oil markets have become volatile. Brent prices rose to as high as $117 a barrel last week. The price strength…
Tesla Motors blogThe companies on the list were something of a surprise, based on business prospects and layoffs. The Top 25 companies for Work-Life Balance as measured by Glassdoor was just released.…
ThinkstockEach of the independent refiners to report second-quarter earnings so far have shown year-over-year declines, reflective of a sluggish demand environment, rapidly compressing crude differentials and escalating renewable identification number (RIN) costs.…
August 2, 2013: U.S. equity markets opened lower this morning following a mixed report on U.S. employment. The monthly report on personal income and outlays was also a mixed bag, with core…
courtesy of Chevron Corp.Chevron Corp. (NYSE: CVX) reported second-quarter 2013 results before markets opened this morning. The oil and gas supermajor posted diluted earnings per share (EPS) of $2.77 on revenues of…
August 1, 2013: U.S. equity markets opened higher this morning as PMI readings in Europe bounced generally higher and China’s PMI improved slightly to remain positive. In the U.K., the Bank of…
