Trouble With OPEC Quotas
Yesterday’s report from Reuters that some OPEC member nations are cheating on their quota agreements is unique only in that the news agency has apparently got a document outlining what the cartel wants its…
Energy
All Energy Articles
Newest first · Page 436Some OPEC Members Cheating on Quotas
One problem the Organization of Petroleum Exporting Countries (OPEC) has had since its founding is ensuring that members abide by their quota agreements. To some degree, keeping member states in line resembles nothing so…
Oil Inventory Gains Trump Weak Refining (OIH, USO, OIL, UCO)
The Department of Energy has just released its weekly oil inventory data, which was something to watch considering the move up in oil and the cold weather of late. The data was far less…
Biodiesel Firms Grapple With Tax Issues
By Paul Ausick of 24/7 Wall St. Until December 31, 2009, biodiesel makers enjoyed a tax credit of $1/gallon on alternative diesel fuel made either from feedstock such as soybeans or camellina or from…
Oil Jumps Above $80: Cold Weather And Overheating Economies
Oil prices are back above $80. This time the rise is blamed on cold weather in the Northern Hemisphere. Weather forecasters predict that the winter of 2010 may be especially cold. Global warming in…
Oil At $80 Raises Issue Of Oil At $100 In 2010
It is simple to dismiss the current rise in oil to just shy of $80 as a reaction to the value of the US dollar or a possible cold winter in the northern half…
Inventory & SPR Data Confuse Oil Bulls & Bears (OIH, USO, OIL, UCO)
There were two very interesting events in the crude oil markets today. As with almost all Wednesday’s we got the weekly crude oil inventory data from the Department of Energy. This data was mixed…
Crude Prices Headed North (OIH)(USO)(OIL)
Crude oil futures rose to their highest point in seven weeks this morning, trading above $79/barrel. Cold, snowy weather in the Northeast and the Midwest are the likely suspects for the increase because traders…
The Link Between The Economy And Oil Prices Strengthens
The link between the global economy and oil prices may have “de-coupled” in July 2008 as oil prices rose to $140 and the recession took hold across most economies around the world. Some of…
MEMC’s Solar Christmas Order (WFR, XEL)
If anyone in the solar space could use an order for Christmas, it is MEMC Electronic Materials Inc. (NYSE: WFR). The company’s SunEdison solar services unit, just received an order from Xcel Energy (NYSE:…
Oil Prices May Spike Monday, Nigeria Pipeline Attacked (CVX)(RDA.A)
Nigerian rebels have probably attacked pipeline installations near facilities operating by Chevron (NYSE:CVX) and Royal Dutch Shell (NYSE:RDA.A). This could cause the price of crude to rise at the end of the holiday. AP reports that…
More Mixed Rig Count Data (BHI, OIH)
Baker Hughes Inc. (NYSE: BHI) has just released its new weekly rig count data. Today’s data looks mixed again, which is another indication that perhaps the swinging back and forth in oil prices in…
52-Week High Club (APWR, PIR)
A-Power Energy Generation Systems (NASDAQ: APWR) rose over 10.3% to a yearly high of $20.60 after the Chinese power system manufacturer announced that it signed a deal to supply turbines to a 600 megawatt…
Here Comes The Sun: Solar Stocks Soar (FSLR)(JASO)(ASYS)
Early this year most solar stocks traded at multi-year lows. There were concerns that the demand for solar energy installations was being hurt by the recession and that component costs for solar installations where…
First Solar Mixed Guidance, Great Reception (FSLR)
First Solar Inc. (NASDAQ: FSLR) has laid out its 2010 financial guidance, and it announced plans to add eight production lines at its manufacturing center in Kulim, Malaysia starting production in first half of…