Energy

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U.S. Could Become Leading Exporter of Oil, Natural Gas

ThinkstockThe United States may be the single largest exporter of oil within the next few decades. That is the conclusion of the IEA 2012 World Energy Outlook. The report says: The WEO finds that…

Trey Thoelcke · 14 years ago

Ethanol Mandate About to Burn Out? (ADM, VLO)

ThinkstockFalling U.S. demand for gasoline has combined with high corn prices to force the closure of several U.S. ethanol plants. Ethanol makers are actually losing money on every gallon of the fuel they make…

Paul Ausick · 14 years ago

Demand for OPEC Crude to Fall in 2013

ThinkstockIn its Monthly Oil Market report released today, the Organization of Petroleum Exporting Countries (OPEC) forecast that demand for the cartel’s crude oil would fall from 30.1 million barrels a day in 2012 to…

Paul Ausick · 14 years ago

Westport Takes Revenue Projections South

ThinkstockWestport Innovations Inc. (NASDAQ: WPRT) has not had a good performance since the end of October. In fact, its stock before today’s halt ahead of earnings was trying to break an eight-day losing streak.…

Jon C. Ogg · 14 years ago

SandRidge Gets “Shape Up” Letter from Major Investor

ThinkstockSandRidge Energy Inc. (NYSE: SD) is seeing its share price get a nice boost today after receiving a letter from one of its largest investors, hedge fund TPG-Axon Capital, calling the company’s stock a…

Paul Ausick · 14 years ago

Natural Gas Inventory Rise Slows, Prices Flat

thinkstockThe U.S. Energy Information Administration (EIA) today reported the U.S. natural gas stocks rose by a total of 21 billion cubic feet, below the 27 billion cubic feet that analysts were expecting. Natural gas…

Paul Ausick · 14 years ago

Oil Demand, Prices to Rise: OPEC

ThinkstockIn its latest World Oil Outlook released today, the Organization of Petroleum Exporting Countries (OPEC) is forecasting that demand for energy will rise 54% by 2035. Fossil fuels, including oil, natural gas and coal,…

Paul Ausick · 14 years ago

Crude, Gasoline Inventories Up Sharply

ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report this morning. U.S. commercial crude inventories rose by 1.8 million barrels last week, bringing the total U.S. commercial crude inventory to 374.8…

Paul Ausick · 14 years ago

Election Day Rally… Risk-On or Inflation Trade?

thinkstockOn the day that the Presidential election is happening, investors are throwing money into the inflation winners. The problem is that maybe this is not an inflation trade. Maybe it is a risk-on trade.…

Jon C. Ogg · 14 years ago

Getting Oil and Gasoline to the East Coast

ThinkstockIf there’s any truth to the old saying about “doing well by doing good,” then oil and gasoline trader stand to do quite well over the next couple of weeks. That’s because the federal…

Paul Ausick · 14 years ago

Chinese Firm to Build Coal-to-Liquids Plant in Wyoming (SNP, ACI)

ThinkstockChina Petrochemical Corp., a state-controlled company best known as Sinopec (NYSE: SNP) will build an advanced coal-to-gasoline plant near Medicine Bow, Wyoming, that is expected to produce 21,000 barrels a day of gasoline when…

Paul Ausick · 14 years ago