Which Way is the Wind Blowing?
About 40% of US electricity is generated by burning natural gas. Another roughly 30% comes from burning coal and about 10% is generated by nuclear fission. Wind-generated power accounts for 1.8% of all US…
About 40% of US electricity is generated by burning natural gas. Another roughly 30% comes from burning coal and about 10% is generated by nuclear fission. Wind-generated power accounts for 1.8% of all US…
The IPO filing by Tesla Motors brings into sharp relief the current battle for hearts and minds between the new electric cars and the traditional gasoline-powered vehicles. US and Japanese carmakers are pushing development…
There appears to be widespread agreement that the US is not spending enough money to develop a world-leading alternative energy market. When President Obama introduced his plans for clean energy development as part of…
It is hard to not notice the $1.70 gain in WTI NYMEX Crude to over $86.50 per barrel this morning. This is on the heels of new reports of economic recovery after last week’s…
The oil sands deposits in western Canada give the US’s closest trading partner the second largest total crude oil reserves in the world, some 175 billion barrels. Only Saudi Arabia has more. Last week’s…
The BBC reports that crude traded over $85 on the first day after the Easter weekend reaching $85.31 a barrel for light crude. The news service identified the US jobs number from Friday as…
President Obama’s proposal to lift the exploration and drilling ban along the US Outer Continental Shelf (OCS) could result in the recovery of billions of barrel of oil and trillions of cubic feet of…
Investors love dividends, and big stable utility stocks often have some of the highest dividends of any class of stocks. There has just been one problem… Dividends or not, utilities are sucking power and…
By Jonathan Anderson (Caixin Online) Clamor over emerging market surpluses and China’s exchange rate conveniently shucks off the hugely dominant effect of oil prices.
The weekly supply data is out from the Department of Energy and the refining capacity data continues to be a standout from last week. The recent rise in oil prices may act as a…
The Green movement will despise President Obama’s decision to open portions of the Gulf and offshore regions from Delaware to the Carolinas to drilling. The oil industry will love it. “To set America on…
By Eric Chenoweth of Morningstar The energy sector has some key players trading at a discount to a longer-term fair value. Morningstar highlights this with new updated price targets in the energy patch, and…
If you have followed the oil patch, the news from the refining sector has been abominable. Overall, we have seen many weeks where the United States refining capacity was not even running at 80%. …
ConocoPhillips (NYSE: COP) is living up to its promise, or at least trying to live up to the promise of selling some $10 billion in assets. According to reports from Reuters and from Dow…
Delta Petroleum Corporation (NASDAD: DPTR) is one of the top market gainers today on news that the independent oil and gas exploration and development company entered into a non-binding letter of intent for a…