Energy

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The $4 Gas Disaster: Prices Drop–A Little

AAA Daily Fuel Gauge Report: $3.966. Gasoline prices dipped a minuscule amount from $3.975 yesterday. The sudden drop in oil price may bring future belief, but several brokers say the correction is temporary. The…

Douglas A. McIntyre · 15 years ago

The $4 Gas Threat: A Possible Drop In Price

AAA Fuel Gauge Regular Price: $3.985. For the first time in weeks it seems that the average price of regular gasoline will not breach the $4 mark nationwide. Oil sold off sharply to under…

Douglas A. McIntyre · 15 years ago

The $4 Gas Threat: Oil Plunges But Recession Risk High

AAA Fuel Gauge National Average for Regular: $3985. The price of oil made a staggering collapse today and fell below $100. Light, sweet crude for June delivery moved lower by 8.6%. Economic fundamentals have…

Douglas A. McIntyre · 15 years ago

The $4 Gas Threat: Amazon And FedEx Pulled Different Ways

AAA Daily Fuel Gauge: Regular $3.985. The ripple effects from the sharp rise in gas prices have grown tremendously in the last week as regular gas has risen from $3.886 seven days ago. The…

Douglas A. McIntyre · 15 years ago

First Solar Earnings Face Headwinds (FSLR)

First Solar Inc. (NASDAQ: FSLR) is getting snubbed in the after-hours after the solar leader reported disappointing earnings.  The company reported $1.33 EPS and said sales were $567.3 million.  This compares to $1.40 in…

Jon C. Ogg · 15 years ago

Gasoline About To Reach All-Time High Of $4.11

Regular gas prices are only three pennies short of $4, according to the closely followed AAA gauge of national daily averages. But, $4 may not be the threshold that eventually turns the halting advance…

Douglas A. McIntyre · 15 years ago

What Would Push Gas Prices Back To $3?

AAA reports that the average price of a gallon of gasoline yesterday was $3.943. A year ago, that figure was $2.885. The price of regular in many large states like California and New York…

Douglas A. McIntyre · 15 years ago

Time for Valero to Rethink its Dividend Strategy (VLO)

Valero Energy Corp. (NYSE: VLO) has just recently announced its routine $0.05 dividend per common share per quarter.  This $0.20 comes to a yield of only about 0.7% for investors.  Oil investors have generally…

Jon C. Ogg · 15 years ago