Energy

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Saudis Say Oil Demand Steady as World Economy Falters

Saudi Arabia, the largest member of OPEC, based on crude production, says it sees no drop in the demand for global oil. That runs against forecasts for demand made by most economists and organizations,…

Douglas A. McIntyre · 15 years ago

The Ten States With The Cheapest Gas

Gas prices are falling. In fact, they’ve declined to lows not seen in months. Concerns of yet another global recession have caused oil prices to drop, and with them, gas prices. In the U.S.,…

Douglas A. McIntyre · 15 years ago

Will Crude Prices Stay Down 10%? (XOM, CVX, COP, OXY)

In mid-afternoon trading today, WTI crude has fallen below $80/barrel and looks set to end the month down about -10%. Given all the dismal economic news that came out this month, it’s a wonder…

Douglas A. McIntyre · 15 years ago

Canadian Pipeline Debate: No Facts, No Figures

The State Department recently supported a proposal to run a pipeline from Canada down the middle of the U.S. The Keystone XL project will, according to operator TransCanada (NYSE: TRP), create 20,000 jobs in the…

Douglas A. McIntyre · 15 years ago

Enbridge Energy Partners Raising Additional Capital (EEP)

Enbridge Energy Partners, L.P. (NYSE: EEP) is raising some fresh capital.  The partnership has priced an 8 million common unit secondary offering at $28.20 per unit in a move that will generate net proceeds…

Jon C. Ogg · 15 years ago