Short Interest Generally Lower in Solar Stocks, With 1 Exception
Short interest moves among solar and alternative energy stocks mostly increased during the two-week reporting period that ended on January 15.
Energy
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US Crude Production Down 2.5% in December
In its monthly energy report released Wednesday, the U.S. Energy Information Administration noted that crude oil production in the United States fell in December.
Crude Oil Stockpile Jumps, Price Follows
U.S. commercial crude inventories increased by more than 8 million barrels last week, according to the EIA.
In Oil Services, Schlumberger Is More Resilient Than Halliburton
The oil services industry is about to undergo two very large mergers. The question is, which merged company will be better able to perform in the current dismal conditions?
Gas Price Hits $5.99 in Lake Buena Vista, Fla. — Highest in Nation
Oddly, gasoline prices are over three times the national average at a Lake Buena Vista, Fla. Shell station at $5.99 a gallon.
If OPEC Blinks and Cuts Production, Buy These Top Oil Stocks at Once
24/7 Wall St. screened the Merrill Lynch research universe for the oil stocks that look well prepared for 2016 and could benefit big if prices start to trend higher.
Big Issues Facing the Solar Sector
Analysts at Credit Suisse have commented on several issues facing solar energy companies.
Gas Price Drops to $1.18 in Indiana, Lowest in US
The average price of a gallon of gasoline nationwide is $1.82. However, in some areas it is much, much lower.
Oil Companies to Slash More Jobs
One unintended consequence of the rapid drop in oil prices is that company managements in the sector desperately need to cut costs.
Gasoline Prices Fell in all 50 States Last Week
The national average price for a gallon of regular gasoline fell to $1.82 Monday morning, the lowest since January 2009, the midst of the recession, according to analysts at GasBuddy.
Gas Price Hits $5.99 in Orlando, Highest in US
Gasoline prices may be $1.83, based on an average gallon of regular nationwide. But they are over three times that in Lake Buena Vista, Fla.
Exxon Energy Outlook: Less Coal, More Everything Else
Demand for energy among emerging economies is forecast to grow by 45% by 2040, according to the 2016 edition of the Exxon Mobil Energy Outlook.
Williams OKs Capex Budget, Maintains Cash Distribution
The 2016 capital spending budget for Williams Partners is expected to total $2 billion, a decline of about a third from the 2015 capex budget.
Charges Slam Halliburton Earnings; Will Wait for Industry Recovery
Halliburton reported fourth-quarter and full-year 2015 results before markets opened Monday morning.
OPEC Chief Says Low Oil Prices Bad for Industry
OPEC's Secretary General says the current drop in oil prices is bad for business and he would like to see the circumstances that have caused the problem be eliminated.