ThinkstockWhile the battle rages on Wall Street on which way the price of oil ultimately goes, investors in the refiners are watching close for a blowout in the difference between Brent crude and Louisiana…
ThinkstockWhen is getting smacked with a bill for $5.15 billion a good thing? When the bill could have been $14.5 billion. That’s the good news for Anadarko Petroleum Corp. (NYSE: APC) today after it…
Wikimedia CommonsAmazon.com Inc. (NASDAQ: AMZN) is taking a few lumps today in a new report from Greenpeace that claims that the some firms, including Amazon Web Services (AWS) base their electrical power purchases “solely…
ThinkstockGasoline prices have risen steadily for almost two months, but so far at least, Americans do not seem to care. According to AAA, just over half of all Americans — 53% — are doing…
thinkstockThe U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks decreased by 74 billion cubic feet for the week ending March 28. That compared with an expected drop of 73…
Apple, at the forefront of global technology, also has taken a lead in renewable energy. That is the conclusion of a new report from Greenpeace that looks at energy use at many U.S. tech…
ThinkstockCalifornia recently has taken the largest hit in the sharp increase in gasoline prices. The average price of a gallon of regular in the nation’s largest state sits at $3.99. However, in some of…
ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories decreased by 2.4 million barrels last week, maintaining a total U.S. commercial crude inventory to 380.1…
thinkstockPacific Ethanol, Inc. (NASDAQ: PEIX) came within about 1% of hitting a new 52-week high on Tuesday. The operational update was provided in its 10-K commentary. Pacific Ethanol produced 149.7 million gallons of ethanol…
ThinkstockThe national average price for a gallon of gasoline on the last day of March is $3.555, its highest daily average since September. The average price for March is 17 cents a gallon more…
U.S. Department of EnergyThe U.S. Strategic Petroleum Reserve (SPR) currently holds 695.9 million barrels of oil and has a total capacity of 727 million barrels. And unless it is under consideration as an economic…
Dominion Resources announced Monday morning that its wholly owned subsidiary Dominion Midstream Partners has filed a Form S-1 with the SEC for an initial public offering as an MLP.
Barrons.comThe oil industry may feel picked on by Barron’s of late. Master limited partnerships (MLPs) were not exactly given the biggest welcome mat in a piece about Kinder Morgan Inc. (NYSE: KMI). Now Barron’s…
thinkstockThe U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks decreased by 57 billion cubic feet for the week ending March 21. That compared with an expected drop of 50…
Good news for BP -- it has been reinstated with a Buy rating by Bank of America Merrill Lynch. Exxon Mobil was also upgraded to Buy.