ThinkstockThe U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks increased by 114 billion cubic feet for the week ending May 23, compared with an expected increase of around 107…
ThinkstockWhen the Arab oil embargo began in 1973, the halcyon days of cheap gasoline in the United States were over forever. The embargo was initiated by what was known as OAPEC, or the Organization…
ThinkstockOil service stocks are dependent on oil pricing for adding additional business on a sequential and year-over-year basis. Face it, what oil company is going to commit more capital expenditures to exploration and production…
ThinkstockAmericans are paying slightly more at the gas pump this week, according to an Energy Information Administration report released Tuesday, which showed the national average price for regular gasoline clocked in at $3.674 per…
ThinkstockGasoline prices at the pump seemed to be fairly stable ahead of the Memorial Day weekend, according to an Energy Information Administration report released early last week. It had the national average price for…
ThinkstockCalifornia continues to suffer some of the highest gasoline prices in the United States. The average price of a gallon of regular in the nation’s largest state sits at $4.09, second only to Hawaii’s…
ThinkstockSouthern Company (NYSE: SO) announced Friday that it is partnering with Turner Renewable Energy to buy New Mexico’s largest solar facility from First Solar (NASDAQ: FSLR). Terms of the deal were not disclosed. Clocking…
In a move that has been expected for some months now, the Kurdistan Regional Government has defied the Iraqi central government and begun exporting crude oil to Europe.
Oil and gas exploration and production company Parsley Energy struck Wall Street oil Friday morning after an initial public offering of 50 million shares that priced above the expected range.
thinkstockThe U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks increased by 106 billion cubic feet for the week ending May 16. That compared with an expected increase of around…
ThinkstockSolar panel maker Trina Solar Ltd. (NYSE: TSL) reported earnings Wednesday morning and the company’s earnings per American Depositary Share (ADS) of $0.37 was more than 12-times better than the consensus estimate of $0.03.…
ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories decreased by 7.2 million barrels last week, maintaining a total U.S. commercial crude inventory to 391.3…
ThinkstockGas prices at the pump have barely budged in the past week, according to an Energy Information Administration report released Monday. The national average price for regular gasoline clocked in at $3.665 per gallon…
ThinkstockWith the Memorial Day weekend just days away, it is clear that the gasoline price increase that often accompanies summer driving will not do so this year. The drop in gas prices is accelerating…
Canadian Solar reported mixed first-quarter 2014 results before markets opened Friday morning. The company said it is counting heavily on its project pipeline in Japan.