ThinkstockThe drilling boom in the U.S. has become something of a mixed blessing for the country’s largest oilfield services companies. Demand for rigs and other services has swelled, but increased competition has weighed on…
ThinkstockWith crude oil prices trending generally downward and projected to continue that trend at least into the first half of next year, the country’s largest oil and gas companies have got to be concerned…
ThinkstockTrina Solar Ltd. (NYSE: TSL) reported third quarter 2013 results before markets opened on Tuesday. For the quarter, the Chinese solar panel maker reported diluted earnings per American Depositary Share (ADS) of $0.14 on…
ThinkstockJinkoSolar Holding Co. Ltd. (NYSE: JKS) reported third-quarter 2013 results before markets opened Monday morning. The Chinese solar panel maker reported adjusted diluted earnings per American Depositary Share (ADS) of $1.36 on revenue of…
ThinkstockAs expected, the U.S. Environmental Protection Agency (EPA) issued proposed rules on Friday to reduce the amount of ethanol required to be blended with gasoline in 2014. After a 60-day comment period the EPA…
ThinkstockAverage annual fuel consumption per person in the U.S. fell below 400 gallons in 2008 and has not risen above that level since. That’s the lowest per person fuel consumption since 1984, and the…
courtesy U.S. State DepartmentThe Keystone XL pipeline will not be built. And while the environmentalist arguments against the pipeline had a significant impact in delaying construction of Keystone XL, the primary reason it will…
ThinkstockExxon Mobil Corp. (NYSE: XOM) was just listed as a new holding of Berkshire Hathaway Inc. (NYSE: BRK-B). This is not just any new holding either. Its size was a whopping 40.089 million shares,…
ThinkstockCredit Suisse has initiated coverage on the major European and global oil companies. Some were given very favorable outlooks and Outperform ratings. Others were given Neutral ratings, and one was even given a nasty…
ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report Thursday morning, a day later than usual due to the Veterans Day holiday. U.S. commercial crude inventories increased by 2.6 million barrels…
thinkstockThe U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks increased by 20 billion cubic feet for the week ending November 1. That compared with an expected build of about…
ThinkstockTwo recent well-respected and long-running oil industry publications have proclaimed that booming production in North America, particularly in the U.S. shale fields, will hit a plateau as early as 2016 and that production declines…
ThinkstockCanadian Solar Inc. (NASDAQ: CSIQ) reported third-quarter 2013 results before markets opened Wednesday morning. The Chinese solar panel maker posted diluted earnings per share (EPS) of $0.56 on revenue of $490.9 million. In the…
ThinkstockGasoline prices can be influenced by the price of oil, the location of refineries, transportation costs and state gas taxes, among other things. These elements combined have taken the price of a gallon of…
thinkstockMaybe you have noticed the price of gasoline has been coming down. It may be coming down further, and sooner rather than later. One WSJ report showed that about one-fourth of the nation is…