Gasoline Prices Drift Higher
Gasoline prices have not risen enough to effect the economy. And they may not come near $3.50 or $3.60 a gallon at all this year. But prices are rising again, and it is very…
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Newest first · Page 299Merrill Lynch Only Cautiously Optimistic on MLPs: Is the MLP Trade Over?
In a new research report, the MLP analyst team at Merrill Lynch cautions that volatility may lurk in the master limited partnership sector. MLPs may have seen their best days, at least for now.
The Bullish and Bearish Case for Exxon Mobil in 2014
24/7 Wall St. has generated a bullish and bearish scenario for 2014 in each stock of the Dow, including Exxon Mobil. The question now is what to expect from the oil super-major in 2014.
Cold Weather in Northeast Sends Natural Gas Price Soaring
thinkstockNatural gas prices in New York City rose by nearly $60 per million BTUs on Monday as a record cold snap has driven demand for the heating fuel in the northeastern U.S. to an…
The Bullish and Bearish Case for Chevron in 2014
Chevron saw its shares gain about 18% in 2013, underperforming the Dow Jones Industrial Average and the S&P 500. The question now is what to expect of Chevron in 2014.
Oil & Gas Mergers & Acquisitions Slashed in 2013
ThinkstockThe dollar value of global merger & acquisition (M&A) transactions in the oil & gas industry plunged by nearly 50% in 2013 from a record high level in 2012. The transaction count fell by…
U.S. Regulator Warns That Bakken Crude Is More Flammable
ThinkstockIn a safety alert issued Thursday, the U.S. Department of Transportation’s Pipeline and Hazardous Materials Safety Administration (PHMSA) said it was “reinforcing” its requirement to test, characterize, classify, and degasify hazardous materials prior to…
Oil Refiners: Is There a Value Play?
ThinkstockRefining companies with the majority of their operations on the Gulf Coast of the United States have been in the driver’s seat for profits during the past several months of 2013. Access to cheaper…
Gasoline Prices Expected Lower in 2014: AAA
ThinkstockOn average Americans paid $3.49 a gallon for gasoline in 2013. That’s the lowest average price since 2010, and the AAA said on Tuesday that it expects the average to be slightly lower in…
Deutsche Bank Has Seven Top Oil Services and Equipment Stocks for 2014
Analysts at Deutsche Bank are clearly very positive on the oil field services sector for next year. With exploration and production companies hitting all-time usage levels in the major shale plays around the country,…
Number of States With Gas Price Below $3 Drops to Three
The number of states in which the price of an average gallon of regular gasoline is below $3 has dropped to three. The probable causes are a rise in oil prices and limited refinery…
Merrill Lynch Offers Six Top Energy Themes to Watch for in 2014
Despite a disappointing 2013 in the energy sector, Merrill Lynch analysts are reasonably positive about the sector for 2014. In a new research report, they list of some specific energy sector themes they expect…
Kinder Morgan Goes to Sea
Kinder Morgan Energy Partners L.P. (NYSE: KMP) has acquired its first sea-going fleet -- five Jones Act-qualified tankers -- and is set to to file an application to add 590,000 barrels a day on…
Kinder Morgan Goes Big Into Marine Tankers With Nearly $1 Billion Purchase
Kinder Morgan Energy Partners L.P. (NYSE: KMP) announced on Monday that it has entered into an agreement to acquire American Petroleum Tankers and State Class Tankers for nearly $1 billion.
Credit Suisse’s Top Energy Stock Picks for 2014
The energy team at Credit Suisse is positive on the year ahead and has eight top stock picks for 2014.