Several media have reported that Iran announced it will stop oil shipments to the UK and France. The effects are likely to go far beyond these nations. Brent crude currently trades above $120, and…
The Guggenheim Solar ETF (NYSE: TAN) has been a total dud due to the fact that solar shares are only liked now by short sellers and the White House. These stocks have turned out…
Energy Conversion Devices, Inc. (NASDAQ: ENER) has proven that penny stocks in trouble just cannot be trusted. The small solar player used to be close to $100 and then dropped, and drop, and kept…
The nation’s second-largest producer of natural gas, Chesapeake Energy Corp. (NYSE: CHK), has announced a new plan to achieve what it calls “equilibrium” between its capital expenditures and its cash flow from operations. As…
Solar stocks are on fire. Still, they are so far down from a year ago that celebrating the move it difficult to do. To show just how powerful this move up and down and up…
The biggest producers of wind power are racing to add capacity to meet growing energy demands. Last year alone, the world’s wind energy capacity increased by 17.3%. But the growth is largely the result…
US coal miners had a tough fourth quarter and most are expecting the same conditions for at least the first half of 2012. Alpha Natural Resources Inc. (NYSE: ANR), Patriot Coal Co. (NYSE: PCX),…
Enerkem Inc. has filed its paperwork with the SEC for an initial public offering. The company did not list any terms of the IPO but its filing is for up to $125 million in…
coutesy of Exxon Mobile Corp.Exxon Mobil Corporation (NYSE: XOM) is out with earnings. Big Oil’s fourth quarter showed net earnings gain of about 2% to $9.4 billion, or $1.97 EPS. Thomson Reuters had estimates…
The American Petroleum Institute (API) reports that oil well completions rose 10% in the fourth quarter of 2011 to 6,149. Total wells completed in the quarter fell slightly quarter-over-quarter, from 10,487 in the third…
US oil & gas giant Exxon Mobil Corp. (NYSE: XOM) has agreed to sell 99% of its Japanese refining subsidiary to Japanese refiner TonenGeneral Sekiyu for $3.9 billion. The sale also includes the majority…
Chevron Corporation (NYSE: CVX) is out with earnings. Regardless of the rhetoric, endless earnings growth is not just assured. The earnings of $5.1 billion sounds massive, but that is down from about $5.3 billion a…
The International Monetary Fund says the nations that would set sanctions against Iran’s oil exports will pay for their convictions with crude prices that could rise as much as 30%. Brent crude would be…
It takes a fair amount of arrogance to predict anything that will happen two decades from now. That has not stopped that U.S. Energy Administration from issuing an early version of its 2012 Annual…
High gasoline prices are supposed to be an indication of a prosperous economy. They also are supposed to be a significant threat to future economic prosperity. If that is true, the U.S. economy is in relatively good…