More Than Half of Americans Oppose Fracking: Gallup
Americans' opinion of fracking, or hydraulic fracturing, has taken a decided negative turn in the latest poll by Gallup.
Energy
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Crude Oil Price Increases Gain After Inventory Report
U.S. commercial crude inventories increased by more than 2 million barrels last week, according to the U.S. Energy Information Administration.
Gas Tops $5 in Orlando
In a few places in the United States, gas prices are double the national average. The stations with the highest prices are near Orlando.
Gas Prices Rise to $4 in California
Gasoline prices, based on the average price for a gallon of regular nationwide, have reached $2.04, up from $1.75 a month ago.
Analyst Raises Expectations on Top Energy Stocks to Buy
Many factors are causing the seesaw movement in oil, and some companies, while cautious near term, see oil hitting $50 by the end of the year.
Gas Prices Likely to Rise Until Memorial Day
The average price across the United States for a gallon of gasoline last week rose more than five cents, according to GasBuddy.
Jefferies Has 3 Top Oil Stocks to Buy for a Return to $50 Oil
A new Jefferies research note says that a combination of demand growth and non-OPEC production declines could very well set the stage for a $50 oil price handle by the end of this year.
Oil Rig Count Dives by 15, Hedge Funds Massively Long
In the week ended March 24, the number of rigs drilling for oil in the United States fell to 372, according to the Baker Hughes North American Rotary Rig Count.
Short Interest in Major Oil Companies Falls, Led by Exxon
Many short sellers backed away from mega-oil and large energy-related companies in the two-week period that ended March 15.
Are Short Sellers Picking Solar Energy Survivors?
Short interest moves among solar and alternative energy stocks were mixed during the two-week reporting period that ended on March 15. In the solar sector, three of the five companies we watch saw short…
Natural Gas Price Ticks Up After 15 Billion Cubic Feet Added to Storage
The U.S. Energy Information Administration reported Thursday morning that U.S. natural gas stocks increased less than expected for the week ending March 18.
Despite Caution, Deutsche Bank Raises Prices on Some Top Energy Stocks
Deutsche Bank says that while there are a few red flags that suggest caution, $40 a barrel oil never looked so good and the near-term momentum looks to be positive.
Regulators Approve Pepco, Exelon Merger
Regulators in Washington have just announced that Exelon's proposed $6.8 billion acquisition of Pepco was approved.
Another Bakken Oil Company Files for Bankruptcy
Independent oil and gas producer Emerald Oil filed for bankruptcy Tuesday after markets closed. The company's main area of operations is the Bakken shale play in North Dakota and Montana.
Alternative Fuel Company Quantum Files for Chapter 11
Quantum Fuel Systems Technologies has announced that it has fied for Chapter 11 bankruptcy protection in federal bankruptcy court for the central district of California.