ThinkstockThe exploration and production (E&P) research team at Deutsche Bank expect significant focus at the midway point in the year for top oil and gas stocks they cover to be on capital allocation. With…
ThinkstockThe way we produce and consume energy is changing in this country. Recently, coal and oil consumption has fallen. Meanwhile natural gas production has been rising, accounting for more than a third of the…
Thinkstock An 80-mile-long chunk of the Vantage Pipeline system to carry ethane gas from North Dakota to Alberta has been approved by the U.S. State Department and the President. Ethane is used as a…
ThinkstockCrude oil refiners have taken some heavy hits in the past couple of months. Because the cost of crude contributes about 65% to the price of gasoline, gas prices have remained high, but refiners’…
ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report this morning. U.S. commercial crude inventories dropped by 6.9 million barrels last week, maintaining a total U.S. commercial crude inventory to 367…
ThinkstockU.S. gasoline prices have fluctuated between $3.40 and $3.60 for the past few months. As of Tuesday, the average fuel price nationwide was $3.63 per gallon, up from $3.48 per gallon a week ago.…
ThinkstockCrude oil refiner Marathon Petroleum Corp. (NYSE: MPC) announced a cut to its second-quarter earnings estimates well after markets closed last night. Late last week the country’s largest refiner, Valero Energy Corp. (NYSE: VLO)…
ThinkstockUntil the advent of the fracking revolution, the glory days of the Permian Basin in West Texas were thought to be long over. Oil and gas companies had gone out of business, and the…
ThinkstockMost of the focus on the rise in gas prices, caused by the surge in oil prices, has been the effect of the march toward $4 a gallon. The focus is misplaced, at least…
ThinkstockWe have been on the price of ethanol credits since they rocketed to $1.00 earlier this year. Today, the price soared to $1.25, an increase of more than 2,000% since the beginning of the…
ThinkstockIn a move first discussed in March, Phillips 66 (NYSE: PSX) has filed an amended Form S-1 with the U.S. Securities and Exchange Commission (SEC) for the initial public offering (IPO) of 15 million…
ThinkstockWhen China sneezes, the world economy gets a cold. Likewise, when the world’s most populous country feels better, at least some parts of the global economy get well. Today, it is solar panel makers’…
ThinkstockThe shrinking differential between the price of West Texas Intermediate (WTI) and Brent crude gets the lion’s share of the blame for last night’s announcement from Valero Corp. (NYSE: VLO) that net income for…
ThinkstockThe recent spike in the price of oil shows how quickly day-to-day worries about supply make longer-term supply issues academic. After months of comments and analysis about how shale and fracking should forever alter…
ThinkstockDuring the first quarter of 201, the U.S.became just the fourth country to reach the milestone level of 10 gigawatts (GW) of installed solar photovoltaic (PV) capacity. A total of 1.8 GW of new…