We have seen the new short interest data out of the NASDAQ and NYSE for the end of May reports. There are many mixed bets in the alternative energy sector. While some of these…
The theory that the recession would mitigate the price of oil had all the trappings of being true. Consumption in the US, UK, EU, and Japan happen to be down substantially. Industrial production has…
We recently have noticed how more and more solar companies are seeing big gains on news, particularly in those which have recently raised cash in a seondary offering. We are starting to see further…
The first week of May, crude moved around just over $50. Today it traded just above $69, a 38% increase over that period. Airline stocks have reacted badly to the news. No wonder, the…
FuelCell Energy Inc. (NASDAQ: FCEL) is screaming higher in early trading before the bell, and it is easy to see why. The company announced that POSCO Power ordered 30.8 megawatts of FuelCell Energy modules…
Yingli Green Energy Holding Company Limited (NYSE: YGE) has announced a new pact that has shares rising this morning. The company entered into a strategic sales agreement at the PV America conference in Philadelphia,…
It may only be dawning on the media and economists that high oil prices have pushed gasoline over $3.00 per gallon in some states. A prolonged period of high fuel prices will deaden whatever…
Shell is the largest oil company in Europe and one of the biggest in the world. Its assessment of the industry and the direction of the price of oil is probably as accurate as any.…
MarkWest Energy Partners, L.P. (NYSE: MWE) has priced its public offering of 2.9 million common units at an offering price of $18.15 per common unit. While all funds are being used for the right…
Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for May 2009 and it looks like the endless slide we saw all of 2009 is being confirmed as either over or at…
Valero Energy Corp. (NYSE: VLO) may have caused some irreparable harm to itself and to shareholders this week. Losing money is just not something that the investing public was ready to stomach. Dumping news…
It took Goldman Sachs (GS) long enough to raise its target price for oil to $85. The investment bank waited until crude was close to $70 after a fairly fast increase from under $40…
The D.O.E. has just released weekly data for crude oil, and the losses in weekly inventories appear to be a bit reversed this last week. Crude inventories came in up 2.866 million barrels at…
There may be some exceptions to the rule that crude and the stock market both trade substantially higher for a long period of time. The price of oil is bound to be seen as…
Western Refining, Inc. (NYSE: WNR) has announced its intent to sell 14 million shares of common stock. This would bring in gross proceeds of nearly $196 million at current prices. The company also plans…