Solar shares are in a bit of flux after reports that the U.S. Commerce Department has ruled that Chinese solar panel makers have received illegal subsidies from China’s government. U.S. based panel makers have…
Natural gas and crude oil pipeline partnership Williams Partners LP (NYSE: WPZ) announced late yesterday that it would acquire a natural gas gathering subsidiary of privately held Caiman Energy for $2.5 billion. The system…
China’s Recon Technology Inc. (NASDAQ: RCON) announced yesterday that it had successfully used a hydraulic fracturing (fracking) technique developed by Baker Hughes Inc. (NYSE: BHI) to complete a fracking project at a field being…
For the past week, the day rates for very-large crude carriers (VLCCs) has been rising to where $40,000/day is the going rate. The reason for the spike is that the Kingdom of Saudi Arabia…
Christine Lagarde, managing director of the International Monetary Fund (IMF), said yesterday that the threat to the euro and the eurozone has been met for the time being and that the next battle to…
China does not need to depend on the free market to set gas prices. It can largely determine what its drivers and businesses pay for gas and diesel. The U.S., on the other hand,…
Another day, another increase in gas price. By most counts, this is the eleventh consecutive day in row. The average price of a gallon of regular nationwide rose to $3.846 from $3.842 the say…
In an interview with the Financial Times, Vagit Alekperov, CEO of Lukoil said that Russia’s policy of retaining all its rights to offshore development of what are believed to be vast reserves of oil…
Ceres Inc. (NASDAQ: CERE) develops and sells crops that are used to produce feedstocks for the US biofuel industry. The company’s customers include ethanol makers, farmers, utilities, and independent power producers. The company and…
Oil & gas producer Hess Corp. (NYSE: HES) announced this morning that it has retained Goldman Sachs Group Inc. (NYSE: GS) to help the company explore the sale of its St. Lucia refined products…
QR Energy LP (NYSE: QRE) is an independent oil & gas producer that seeks out mature producing fields, buys them, and then tries to make them pay off either by lowering production costs or…
Solar panel maker LDK Solar Co. Ltd. (NYSE: LDK) has revised its fourth quarter 2011 forecast and announced its guidance for the company’s 2012 fiscal year. The company will announce fourth quarter and full-year…
The US Environmental Protection Agency has been testing homeowners’ wells around Dimock, Pennsylvania, trying to determine if the water has been polluted the hydraulic fracturing (fracking) process used to extract natural gas. The agency…
The price of crude oil reached an all-time high of $147.30 in July 2008. Many analysts believe it will reach that level again this summer. If oil does hit $140 or better again, how long…
Gas prices rose again–for the tenth day in a row. The AAA Fuel Gauge puts the national average price for a gallon of gas at $3.842, up from $3.838 the day before. That is…