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He’s Baaaack — Aubrey McClendon Launches New Venture

ThinkstockThat didn’t take long. Co-founder of and former Chesapeake Energy Corp. (NYSE: CHK) CEO and chairman Aubrey McClendon is back in the oil & gas business. McClendon’s last day at Chesapeake was April 1st,…

Paul Ausick · 13 years ago

Cool Weather Slims Natural Gas Inventory

thinkstockThe U.S. Energy Information Administration (EIA) today reported the U.S. natural gas stocks increased by 31 billion cubic feet last week, slightly less than a build of between 33 and 37 billion cubic feet…

Paul Ausick · 13 years ago

Gas Prices Continue Sharp Drop

ThinkstockGasoline prices continue to decline very sharply. Over the past month, they are down another 5%, and soon will fall below $3.50. If low gas prices tend to help the economy, gross domestic product…

Douglas A. McIntyre · 13 years ago

Kinder Morgan Scores Again

ThinkstockBoth Kinder Morgan Energy Partners L.P. (NYSE: KMP) and Kinder Morgan Inc. (NYSE: KMI) reported first quarter results after markets closed today. KMP will pay a distribution of $1.30 per common unit, nearly double…

Paul Ausick · 13 years ago

U.S. Railroads: Do CSX Results Provide a Signal?

Thinkstock After CSX Corp. (NYSE: CSX) reported its first quarter results last night, investors began selling the railroad company’s stock and shares are down about 3% this morning. The company is the first of…

Paul Ausick · 13 years ago

Crude Inventory Report Cannot Fight Commodities Sell-Off

ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report this morning. U.S. commercial crude inventories decreased by 1.2 million barrels last week, bringing the total U.S. commercial crude inventory to 387.6…

Paul Ausick · 13 years ago

China and the Shrinking Green Energy Sector

thinkstockThe race to replace fossil fuels with “green” energy slowed last year. As the industry struggled, China took the lead among nations with green energy investments. It is not much of a prize, as…

Douglas A. McIntyre · 13 years ago

Crude Takes a Beating Today; Goldman Braces for More Losses

thinkstockWe have already noted today’s pounding on gold mining stocks as the price of the yellow metal heads for $1,400 an ounce. Crude oil is taking a less severe beating, but a beating nonetheless.…

Paul Ausick · 13 years ago

More Reason to Expect Exxon and Chevron Dividend Hikes

ThinkstockIt was late in March when we predicted several DJIA stocks would increase their dividend payments in April. Monday morning brought news that  Procter & Gamble Co. (NYSE: PG) was increasing its common stock…

Jon C. Ogg · 13 years ago

Crude Oil Could Fall Below $90 Real Soon Now

thinkstockThe spot price for WTI crude briefly fell to $90.27 this morning and still trades well below yesterday’s closing price of $93.51. The AAA Daily Fuel Gauge reports that the average U.S. pump price…

Paul Ausick · 13 years ago

Natural Gas Inventory Declines Less Than Expected

thinkstockThe U.S. Energy Information Administration (EIA) today reported the U.S. natural gas stocks declined by 14 billion cubic feet last week, less than the decline of 21 billion cubic feet anticipated by analysts. Natural…

Paul Ausick · 13 years ago

IEA Lowers Expectations for Global Oil Demand

ThinkstockIn its market report for April, the International Energy Agency (IEA) has once again lowered its expectation for global oil demand this year. In theory, that should keep the price of gasoline down. The…

Douglas A. McIntyre · 13 years ago

Chinese Energy Firms Invade U.S. Neighbors Mexico and Canada

ThinkstockBy John Daly of Oilprice.com Benefit From the Latest Energy Trends and Investment Opportunities before the mainstream media and investing public are aware they even exist. The Free Oilprice.com Energy Intelligence Report gives you this and much…

247Editors · 13 years ago