U.S. Oil Now 10% of World Total
ThinkstockThe United States now produces 10.4% of the world’s crude oil, or 7.84 million barrels of crude oil a day. Of that total, 3.22 million barrels (43%) come from tight plays, including the shale…
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Newest first · Page 292U.S. Gasoline Inventory Tanks, Even While Crude Supply Surges
ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories increased by 6.6 million barrels last week, maintaining a total U.S. commercial crude inventory to 382.5…
Will Houston Ship Channel Closure Prolong a Spike in Oil and Gasoline Prices?
Wikimedia CommonsHouston, Galveston, Baytown and Texas City are supposed to be good for oil and energy. When an accident occurs that shuts down the Houston Ship Channel, it turns out to be a drag…
Gas Prices Shoot Higher With No End in Sight
ThinkstockGasoline prices may not have reached the $4 a gallon level, which is often considered the point at which anxiety about the price creates large cracks in consumer spending. However, the price is roaring…
Nabors Warns, Weatherford Sells Pipelines: Trouble Brewing in Oil
ThinkstockThe oilfield services business had a good 2013, with shares of the three big players all gaining more than a third. Smaller firms posted a more mixed performance, but growth was solid. That does…
Energy Stocks to Buy With Up to 55% Upside Potential
The prices for WTI crude and Henry Hub natural gas continue to trade closer to 52-week highs than lows. Toss in a little Russia-related geopolitical volatility, and investors may have the table set for…
Oil Trader Gunvor Claims Business as Usual After U.S. Sanctions
ThinkstockWhen President Obama announced the second round of sanctions Thursday on 13 Russian individuals, the list included Gennady Timchenko, co-founder of Gunvor, the world’s fourth-largest oil trading firm. To say the announcement sent jitters…
Baird Very Cautious on Energy: Six Top Stocks to Buy Now
The Baird plan of action is pretty easy for investors to follow. Keep a smaller allocation of the energy sector, as they rate it Neutral, and only buy the top stocks that have the…
Natural Gas Supply Tumbles to 10-Year Low
thinkstockThe U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks decreased by 48 billion cubic feet for the week ending March 14. That compared with an expected drop of 53…
BP Returns to Gulf Leasing With a Bang
Last week the EPA removed its restrictions on BP, allowing the company once again to conduct business with the federal government and giving the company the right once more to bid on leases in…
Why $100 Oil Is the New $20 Oil
Chevron CEO John Watson told a Houston audience earlier this month that crude oil costing $100 a barrel is becoming the new $20 in the industry, and the inference we might draw from that…
Crude Oil Inventory Jumps, WTI Closing Gap With Brent
ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories increased by 5.9 million barrels last week, maintaining a total U.S. commercial crude inventory to 375.9…
Analyst Upgrade Question: Is Enterprise Now the Best MLP for Investors?
Enterprise Products Partners was the beneficiary of an analyst upgrade at Credit Suisse on Wednesday. What does Credit Suisse's John Edwards see here that is above and beyond most other analysts?
Biofuel Maker KiOR Posts All-Time Low on “Going Concern” Doubts
Shares of KiOR slipped to an all-time low of $0.60 a share Tuesday after it filed its annual report with the U.S. Securities and Exchange Commission, a report in which it raised doubts that…
Do Solar Energy Stocks Still Matter?
JA Solar Holdings reported its first positive quarterly earnings in more than two years Monday morning to become the latest solar energy company to draw a line under the recovery of the solar photovoltaic…