Gas Prices Finally Steady
Gas prices have finally stopped their relentless, daily rise. The AAA Fuel Gauge figure for a gallon of regular based on a nationwide average was $3.932 yesterday, down a tick from the prior day’s…
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Newest first · Page 377First Solar Finally Gets Federal Loan (FSLR, EXC)
First Solar Inc. (NASDAQ: FSLR) and Exelon Corp. (NYSE: EXC) announced today that the Antelope Valley Solar Ranch One project has received the first installment on a federal loan that could eventually total $646…
“Virtual” Solar Power Sales Proposed for Greece
Last year the Greek and German governments proposed a solar PV project to be built in Greece that would generate up to 10,000 megawatts of electricity that could then be sold to other European…
Cabot, Williams Restart Natural Gas Flow (COG, WPZ)
Natural gas producer Cabot Oil & Gas Corp. (NYSE: COG) said today that it has restarted a Pennsylvania compressor station that was damaged last week by a fire. The station is operated by Williams…
Natural Gas Inventories Rise, Prices Fall Again
The US Energy Information Administration today reported the US natural gas stocks rose by a total of 42 billion cubic feet, above the 33-37 billion cubic feet increase that analysts had expected. Natural gas…
Pickens Calls For Much Higher Oil
T. Boone Pickens is no stranger when it comes to high oil price predictions. He used to say “$80 before I am 80” and that turned out to be correct and then some as…
Delta Airlines Considers Buying an Oil Refinery (DAL, COP, SUN, HES)
In what has to be one of the dumbest notions ever, Delta Air Lines Inc. (NYSE: DAL) is reported to be considering buying an oil refinery. There are plenty for sale in the US,…
Williams Pipeline Company Sinks on Secondary Offering (WPZ, WMB)
Williams Pipeline Partners LP (NYSE: WPZ), a pipeline master limited partnership, announced a secondary offering of 10 million common units this morning at a price of $54.56/unit. The company’s common units closed last night…
US Petroleum Inventories Jump, Imports Rise Sharply Again
The US Energy Information Administration (EIA) released its weekly petroleum status report this morning. US commercial crude inventories jumped by 9 million barrels last week, bringing the total US commercial crude inventory to 362.4…
Much Needed Capital Infusion For American Superconductor (AMSC)
American Superconductor Corporation (NASDAQ: AMSC) has entered into a securities purchase agreement with an institutional investor whereby the company will raise about $25 million in gross funds. This compares to a pre-funding market capitalization…
At All-Time Lows… Can First Solar Manage To Avoid Death? (FSLR, TAN, PBW, SPWR, WFR)
First Solar, Inc. (NASDAQ: FSLR) is the king of U.S. solar companies. Despite a monstrous rally in the stock market year-to-date, First Solar shares hit a new 52-week low today. In fact, if you look…
Saudis Won’t Lower Production If Strategic Reserves Released
US Secretary of State Hillary Clinton appears to have extracted a commitment from Saudi Arabia to continue the Kingdom’s crude oil production at its current level of around 9.9 million barrels/day even if the…
And Everyone Thought Solyndra Was Bad News …
When Solyndra filed for bankruptcy forcing US taxpayers to swallow a $500 million loss, the public outcry caused some real problems for the solar industry and its champion, the Obama administration. The noise could…
Solazyme Scores Brazilian JV With Bunge (SZYM, BG)
Solazyme, Inc. (NASDAQ: SZYM) is surging on news this morning that the renewable oil and bioproducts outfit has formed a joint venture with a unit of Bunge Limited (NYSE: BG) to build, own and operate…
Firms Approved to Make E15 Ethanol (ADM, BIOF, VLO)
The US Environmental Protection Agency yesterday released a list of 20 companies that have been approved to manufacture ethanol for use in blending the 15% ethanol-gasoline blend known as E15. Among the 20 companies…