Two months ago, almost all predictions about gasoline prices were that they were falling and would stay down, or even drop more. Crude prices had fallen. Oil and gas supplies were abundant. Trouble with Iran…
In something of a surprise today, corn prices gave back nearly all the gains they made in August, closing at the Chicago Board of Trade at $8.13/bushel. That’s a 12% drop in the last…
Republic Services, Inc. (NYSE: RSG) has announced a new agreement to recover landfill gas today with a unit of Clean Energy Fuels Corp. (Nasdaq: CLNE). The move is to expand the availability of renewable…
Crude oil demand in the United States is down to its lowest level since the onset of the global economic recession. A lackluster economic recovery, coupled with cautious consumer sentiment, is keeping demand for…
Natural gas producer Sempra Energy (NYSE: SRE) said today that a subsidiary has added 7.5 billion cubic feet of natural gas storage capacity at the company’s hub in Simpson County, Mississippi. The addition doubles…
The U.S. Energy Information Administration (EIA) today reported the US natural gas stocks rose by a total of 47 billion cubic feet, higher than the 38 billion cubic feet that analysts were expecting. Natural…
In a closely watched case related to the construction of the Keystone XL pipeline, a judge in Texas has ruled against a landowner and in favor of TransCanada Corp. (NYSE: TRP) in a decision…
The U.S. Energy Information Administration (EIA) released its weekly petroleum status report this morning. U.S. commercial crude inventories fell by 5.4 million barrels last week, bringing the total U.S. commercial crude inventory to 360.7…
Just over a month ago the US Treasury Department threatened sanctions against any country allowing crude oil tankers belonging to Iran’s National Iranian Tanker Company to be registered (flagged) with that country. Tanzania and…
The week ahead of the oh-so important Labor Day weekend has something that Joe Public as the consumer is not going to like. This is particularly the case for those with families who have…
Shares of First Solar Inc. (NASDAQ: FSLR) are up about 12% in the past five days, including jump of more than 6% yesterday and a similar-sized rise this morning. The company opened an operating…
Trina Solar Ltd. (NYSE: TSL) reported a second quarter net loss of $1.30 per ADS on $346.1 million in sales before markets opened this morning. In the same period a year ago, the solar-power products…
As a condition of regulatory approval for its acquisition of El Paso Corp., Kinder Morgan Energy Partners L.P. (NYSE: KMP) agreed to divest some assets in the Rocky Mountains. Today the company made good…
ATP Oil & Gas Corp. (NASDAQ: ATPG) is joining the bankruptcy crowd. The oil company in the Gulf of Mexico filed a voluntary Chapter 11 bankruptcy petition in order to undertake a comprehensive financial…
After months in retreat, WTI crude has moved back to near $100 a barrel. Today it trades at $96.27, and over the past several weeks, the trend has been up. Economists can renew the debate…