Energy

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Marcellus Shale Gas Estimate Falls (CHK, RRC, COG, GDP)

The US Geological Survey has released a new estimate of the amount of undiscovered natural gas in the Marcellus shale deposit. The original USGS estimate, made in 2002, projected a total of 2 trillion…

Jon C. Ogg · 15 years ago

Will BP Get $10 Billion Back From Disaster Fund?

The fund set aside for claims related to the Deepwater Horizon incident has paid out $5.551 billion to settle 359,441 claims paid to 204,434 claimants. The figures were issued as part of a report…

Douglas A. McIntyre · 15 years ago

Battle Looms for the North Pole Oil

In 2007 a Russian submarine planted a flag on the sea floor underneath the North Pole, and the country claimed the North Pole as Russian territory. Now Denmark/Greenland is preparing its own claim. Five…

Jon C. Ogg · 15 years ago

An Electric Cadillac No One Will Drive

General Motors (NYSE: GM) will build a Cadillac fueled by electricity. And it will be added to a long line of new electric-powered models that are unlikely to have many buyers. The world’s largest…

Douglas A. McIntyre · 15 years ago

Solar Bankruptcy… Bye Bye Evergreen Solar (ESLR)

Sometimes having the first-mover advantage doesn’t pay off.  If Evergreen Solar, Inc. (NASDAQ: ESLR) was not the first pure-play solar stock in America, it was among the first.  Now it is filing for Chapter…

Jon C. Ogg · 15 years ago

Cloudy Skies Forecasted for ReneSola

ReneSola Ltd (NYSE: SOL) admitted on the earnings call that both shipments and realized prices for silicon wafer and modules fell faster than expected in quarter-ending June 30. Contrary to company optimism, gross margin…

David J. Phillips · 15 years ago