DOE Oil Inventories Back Up (OIH, DIG, USO, OIL)
We have just seen this week’s latest Department of Energy weekly oil inventory data. The new report is on the heels of a sudden rise in oil prices followed by an almost just as…
We have just seen this week’s latest Department of Energy weekly oil inventory data. The new report is on the heels of a sudden rise in oil prices followed by an almost just as…
Wind energy is supposed to be one of the key puzzle pieces in the quest to get off the dependence of foreign energy sources. Yet a fairly disturbing story from the Daily Camera in…
Applied Materials, Inc. (NASDAQ: AMAT) appears to not be slowing down on its solar ambitions, or at least not as much as we might have all guessed about six months ago when new expansions…
Last week marked what was the crest of third quarter earnings season for 2009, yet there is still a flood of earnings reports coming out this next week. We have four more DJIA components…
This week was the crest of 2009 third quarter earnings season. We still have a flood of reports next week and picking a mere top ten earnings to watch was very unfair to many…
Baker Hughes, Inc. (NYSE: BHI) has released its weekly rig counts, and the results are not as strong as you would expect considering $80 oil is here. We have watched the Oil Services HOLDRs…
It has taken less than three months from oil to go from $65 to $81, a 25% increase. Gasoline prices have not moved up as fast but have risen to $2.50. That price could…
Harvest Energy Trust (NYSE: HTE) is a Canadian energy trust that has gone unnoticed by many Americans. Yet today it is one of the top percentage gainers because the trust is being acquired by…
The Department of Energy’s weekly energy inventories data is giving another mixed picture similar to last week. The difference is that this was more in-line with expectations that what we saw last week. We…
Chipotle Mexican Grill (NYSE: CMG) is trying the solar gimmick, yet this is actually just another step on building upon its social already-respectable image. This morning the company announced that it is partnering with…
Economists spend nearly all of their time now trying to figure out whether the recovery will stay on course and if GDP in the US will recover at 4% or 5% rate next year.…
Oil reached $79.05 in electronic trading on the New York Mercantile Exchange. That is almost certainly not the end of its rise and for a number of reasons $90 crude is likely on the way…
It is easy to forget how important sub-$40 oil prices were at the beginning of this year as the world dove into recession. If crude had been above $140 as it had been in…
As usual, the weekly energy inventories data is giving a picture that can be construed as bullish or bearish for the price of oil and gas, yet there is a wrench in the machine…
Now that Gold has busted $1,000.00 and headed up almost every day since, the next target commodity is oil and the question is if black gold can mirror the performance of yellow gold. One…