Energy

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Renewable Energy Grants in Jeopardy

Under section 1603 of the American Recovery and Reinvestment Act of 2009, commercial renewable power projects were allowed to get direct federal grant instead of taking either a production tax credit or an investment…

Douglas A. McIntyre · 16 years ago

Delta Petroleum Sells More Assets (DPTR, XOM)

Struggling oil and gas producer Delta Petroleum Corp. (NASDAQ: DPTR) has agreed to sell $130 million in “non-core assets” to privately held Wapiti Oil & Gas L.L.C. The company plans to use the funds…

Douglas A. McIntyre · 16 years ago

Venezuela May Cut US Oil Supply, A Reason For Crude To Rally

Venezuela President Hugo Chavez has once again threatened to cut the South American country’s supply of oil to the US, according to a number of news reports. Venezuela has been charged with harboring rebels…

Douglas A. McIntyre · 16 years ago

BP Clean-Up Now Faces Tropical Depression Three (BP)

BP plc (NYSE: BP) may have a real “test” ahead of itself for the cap on the Gulf of Mexico oil disaster.  Yesterday, a “tropical wave” was a cause for concern, but NOAA has…

Jon C. Ogg · 16 years ago

BP’s New Storm Watch Ahead in Gulf Spill (BP)

The BP plc (NYSE: BP) clean-up in the Gulf of Mexico has a new worst friend that is maybe coming over for dinner.  A possible tropical storm, cyclone, or depression poses a risk.  While…

Jon C. Ogg · 16 years ago

Driving The Plug-In Hybrid To Oblivion

The plug-in hybrid, a car that uses the same socket as a vacuum cleaner, or at least one close it, has gotten the full force of backing from the Obama Administration. The President believe…

Douglas A. McIntyre · 16 years ago