Oil Prices Jump on Threat from Iran
Crude oil prices are rising sharply today following reports that Iran is preparing for naval maneuvers near the Strait of Hormuz, the 34-mile wide chokepoint leading to the Persian Gulf. WTI crude is currently…
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Newest first · Page 388Top Sustainability & Cleantech Best Ideas for 2012 (ITRI, AYI)
2011 has not been kind to the alternative energy and cleantech sector. Perhaps 2012 will be nicer. It seems hardly possible that the percentage drop could be repeated in 2012 seen at many solar…
As Demand for Oil Falters, Price May Remain High
A rocky global economy lowered demand for crude recently, and the soft period continues. The positive by-product should be a drop in price per barrel. The IEA reports that: A more precarious economic backdrop…
Pre-IPO Fund Debuts In Listing From Keating (KIPO, NPTN, SZYM, GSVC)
Keating Capital, Inc. (NASDAQ: KIPO) is debuting in trading today. The closed-end fund is a pre-IPO fund and it had approximately $77 million in assets as of September 30, 2011. If you recall, we…
US EPA Links Fracking to Groundwater Contamination (ECA, CHK, XOM, EOG)
ThinkstockThe US Environmental Protection Agency on Thursday released a draft of its three-year study of possible groundwater contamination caused by hydraulic fracturing near Pavillion, Wyoming. The draft results are not good news for the…
Inergy Midstream Prices IPO (NRGY, MS, BAC, JPM)
Inergy Midstream L.P. has indicated its IPO price range as being $19-$21/common unit and will offer 16 million units when the company goes public. It will trade on the NYSE under the symbol ‘NRGM’.…
Shale Gas Industry to Support 870,000 Jobs by 2015
The shale oil industry, still in it infancy, has created hundreds of thousand of jobs, and it will support 870,000 by 2015. That would make the sector one of the larger employers in the…
OPEC Going Green
At the triennial World Petroleum Congress in Qatar, a handful of representatives from Middle Eastern OPEC nations have indicated that their countries are beginning to take steps to reduce their own dependence on oil…
ITC Keeps Investigating Chinese Solar Players (FSLR, SPWRA, TSL, JASO, LDK)
Solar stocks can use all the help available, and news is out today that may help the ailing U.S.-based solar sector. The industry has complained of China’s solar firms dumping solar cheap panels and the…
Transocean Secondary Offering Completed, New Debt Up Next (RIG)
Transocean Ltd. (NYSE: RIG) yesterday announced a secondary offering of 26 million shares. The sale was completed today at a share price of $40.50, more than a dollar lower than the stock’s closing price…
Solar Stocks Target Prices Fall Sharply (FSLR, SPWR, LDK)
In just four weeks, the target prices of three of world’s leading makers of solar PV modules have fallen by at least -30%. The drops have coincided with falling forecasts from the manufacturers themselves…
Crude Oil Inventory Falls, Gasoline Inventory Rises
The US Energy Information Administration’s weekly petroleum status report shows that the US commercial crude inventory fell by 6.2 million barrels in the week ending November 18th. Crude oil in commercial storage now totals…
LDK Solar, Mathematically Bankrupt Without China (LDK, YGE, STP, TSL, JASO)
Following the terrible earnings reports just out from a half-dozen of China’s largest solar PV makers, it is mathematically possible that at least one of these companies is at the edge of the bankruptcy…
Solar Reality… The Sun Just Does Not Shine (STP, LDK, CSIQ, TSL, JASO, JKS)
The solar PV sector has been struggling for the last two or three quarters as manufacturing over-capacity has driven down module pricing by around 40% since the beginning of the year. China’s top solar…
Gas Prices Mysteriously Dip Ahead of Holiday
Demand is supposed to push gasoline prices higher as a holiday season approaches. The opposite is true this Thanksgiving week, and there is no ready explanation. The AAA Fuel Gauge shows the price for…