Gas Prices Jump Above $3.50 in Major States
Based on the current trend, more than half of Americans will soon pay $3.50 or more for a gallon of regular. And it is hard to make the case that will not bite into…
Based on the current trend, more than half of Americans will soon pay $3.50 or more for a gallon of regular. And it is hard to make the case that will not bite into…
According to the U.S. Energy Information Administration, U.S. commercial crude inventories increased by 1 million barrels last week, maintaining a total U.S. commercial crude inventory to 362.3 million barrels.
thinkstockThe U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks decreased by 250 billion cubic feet for the week ending February 14. That compared with an expected drop of 248…
ThinkstockA Nebraska judge issued a ruling on Wednesday that could delay further a U.S. decision on whether to build the Keystone XL pipeline proposed more than five years ago by TransCanada Corp. (NYSE: TRP).…
thinkstockRelatively tight supplies and forecasts for more cold weather sent natural gas prices over $6 per million BTUs on Wednesday for the first time since January of 2009. And while the high prices are…
Devon Energy announced Wednesday morning that it had sold the majority of its Canadian assets to Canadian Natural Resources for $2.8 billion. The transaction does not include its holdings in the oil sands and…
In a new research report, the energy analysts at Cowen point out that after three years of disappointment, 2014 is expected to represent a year of stabilization/moderate growth for mega-cap oil names.
ThinkstockSince February 8, the pump price for a gallon of regular gasoline has risen from around $3.26 to nearly $3.37, with more than half of the rise coming last week. That is the highest…
ThinkstockGasoline prices in the United States have risen nearly six cents a gallon in the past month, and the spot price for a barrel of West Texas Intermediate (WTI) crude oil has risen from…
ThinkstockIn a sign that oil prices and an extremely cold winter have affected gasoline prices, those prices are now more than $3 per gallon for regular in all 50 states. Even states in which…
ThinkstockThe big news in the master limited partnership (MLP) world last week was the announcement by Boardwalk Pipeline Partners LP (NYSE: BWP) that it was cutting its quarterly distribution by 80%. The company’s market…
ThinkstockFriday’s SEC filings showed investors which stocks Warren Buffett and his portfolio managers have been buying and selling. While the full stock holdings of Berkshire Hathaway Inc. (NYSE: BRK-B) grew in size yet again,…
Synthesis Energy Systems shares were among the Friday's biggest percentage gainers, all because it has a deal to become a leader in the clean coal gasification market in China.
Methane that leaks from natural gas wells, valves and pipelines is very likely doing more environmental damage than the good that is done by burning natural gas instead of diesel fuel, according to a…
ThinkstockFollowing last Monday’s implosion at Boardwalk Pipeline Partners L.P. (NYSE: BWP), there have been questions raised about the entire pipeline MLP sector and, especially, investors want to know which one could be next. There…