ThinkstockPacific Ethanol Inc. (NASDAQ: PEIX) reported fiscal fourth quarter and full-year 2014 earnings after markets closed on Wednesday afternoon. For the quarter, the ethanol fuel maker posted adjusted diluted earnings per share (EPS) of…
Oil's rapid decline since August of last year has been dramatic. To listen to some commentators you would also think it is unprecedented and irreversible.
Higher crude oil prices, the beginning of refinery maintenance season and some unplanned production problems at U.S. refineries have all contributed to 35 straight days of rising pump prices for gasoline.
In the week ended February 27, the total number of working drilling rigs in the United States declined again, according to the Baker Hughes North American Rotary Rig Count.
When oilprices fall, a company may have trouble making interest payments, the cost of capital rises and sources of cash may dry up. The same can be said of sovereign governments and state governments.
The role that sustainable energy will play in the United States will get much larger, and developments in the sector during 2014 are setting the table for that new role.