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Chesapeake Energy Files to Spin Off Oilfield Services Group

Chesapeake Energy filed a Form 10 with the SEC Monday morning with preliminary information regarding a spin-off of the company's wholly owned Chesapeake Oilfield Services business into a new stand-alone company to be named…

Paul Ausick · 12 years ago

Crimea Applies to Join Russian Federation

ThinkstockJust one day after more than 90% of Crimea’s voters indicated their desire to join the Russian Federation, the region’s parliament has made a proposal to join the Federation as the Republic of Crimea.…

Paul Ausick · 12 years ago

More Iraqi Oil Leads to Surge in Global Crude Supply

ThinkstockFor the month of February, global crude oil supplies rose to 92.81 million barrels a day, according to the International Energy Agency’s (IEA) Oil Market Report for the month. That is 600,000 barrels a…

Paul Ausick · 12 years ago

U.S. to Be Energy Self-Sufficient by 2035: BP

courtesy of BP plcEnergy production in the U.S. will increase by 24% by 2035 while U.S. energy consumption will rise by just 3% in the same period. U.S. energy production as a percentage of…

Paul Ausick · 12 years ago

Gasoline Average Price Tops $3.50 Nationwide

ThinkstockThe national average for a gallon of regular gasoline rose past $3.50 a gallon on Thursday for the first time since last September. Thursday is also the 33rd of the past 34 days to…

Paul Ausick · 12 years ago

Natural Gas Supply, Price Both Fall

thinkstockThe U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks decreased by 195 billion cubic feet for the week ending March 7. That compared with an expected drop of 193…

Paul Ausick · 12 years ago

Premium Gas Prices Above $4 in Parts of U.S.

ThinkstockPremium gasoline prices have risen above $4 in eight states, raising the concern that consumer spending could be damaged by the trend. At the same time, the price of regular has also soared, and…

Douglas A. McIntyre · 12 years ago

OPEC Forecasts Higher Crude Demand in 2014

ThinkstockThe Organization of Petroleum Exporting Countries (OPEC) released its Monthly Oil Market Report Wednesday morning, and the headline number is an increase of 50,000 barrels a day to the cartel’s estimated demand growth for…

Paul Ausick · 12 years ago

SolarCity Teams Up With Best Buy to Sell Solar

SolarCity and Best Buy have teamed up to help customers go solar. The aim for the solar panel installer is to get face time with shoppers to explain how much money they could save.…

Trey Thoelcke · 12 years ago

Crude Oil Inventory Rise Pushes Prices Lower

ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories increased by 6.2 million barrels last week, maintaining a total U.S. commercial crude inventory of 370…

Paul Ausick · 12 years ago

Citron Hammers Fuel Cells — Plug Power in Particular

ThinkstockApparently enough is enough when it comes to stocks experiencing exponential gains. Citron Research has issued a Stocklemon report on the high-flying Plug Power Inc. (NASDAQ: PLUG). Beware from here as well … Citron…

Jon C. Ogg · 12 years ago

The Driving Force Behind Capstone Turbine

Shares of Capstone Turbine jumped on big volume Tuesday. There was no specific reason for the gains, but it is likely chasing fuel cell players and other alternative energy stocks.

cgblaine22 · 12 years ago