T. Boone Pickens Takes New Energy Plan On The Road
Oil Baron T. Boone Pickens has been on CNBC this morning touting his new energy plan. While his plan does call on several domestic solutions to lower our $700 Billion deficit we are sending…
Oil Baron T. Boone Pickens has been on CNBC this morning touting his new energy plan. While his plan does call on several domestic solutions to lower our $700 Billion deficit we are sending…
Goodrich Petroleum Corporation (NYSE: GDP) has announced that it has commenced an underwritten public secondary offering of 3 million shares of its common stock. J.P. Morgan Securities Inc. is acting as sole book-running…
Dune Energy, Inc. (Amex: DNE) is selling off its Barnett Shale assets located in Denton and Wise Counties, Texas, for $41.5 million. The effective date of the sale will be May 1, 2008, with…
The predictions of $200 oil have made it to the front page of The Wall Street Journal. They have been hanging around in less prominent places, but now they gain some further legitimacy. According…
OPEC would still like its critics to believe that the level of its supply of oil to the world has nothing to do with crude prices. OPEC President Chakib Khelil still blames the dollar…
The solution to gas prices is almost right under the noses of those looking for solutions. A fourteen hour plane ride to India or China will do it. The retail price of gas in…
Plug Power Inc. (NASDAQ: PLUG) and Ballard Power Systems (NASDAQ: BLDP) have extended their existing supply agreement through December 31, 2010, which was currently set to expire on May 1, 2009. Under the new…
With the price of oil moving up so sharply, the demand should go down. Those dynamics are immutable. The International Energy Agency, the big think tank in the industry, says demand will keep going…
As we’ve pointed out earlier, oil refining is not the business to be in these days. Refiners have been hit hard by skyrocketing crude oil prices because they are unable to pass along those…
Occidental Petroleum (NYSE:OXY) plans to spend $1.1 Billion on a natural gas processing plant and related pipelines. The company expects the enhanced oil recovery (EOR) program to increase it’s Permian Basin production by a…
These are some of the top analyst calls in oil and gas stocks we have seen in the early hours of trading this Tuesday morning. Citigroup picked up new coverage on many stocks today. …
Hi commodity prices beget high stock prices of companies that deal in those commodities. At least speculation isn’t at play in the markets, after all the speculators even say they aren’t responsible. This notion…
EMCORE Corporation (NASDAQ: EMKR) has announced after the close of trading that the company has agreed to sell 2,000,000 shares of Series D Preferred Stock of WorldWater & Solar Technologies Corporation (OTC Bulletin Board:…
For the past two months, all the news from Cheniere Energy (AMEX:LNG) has been bad. First, there was the triple whammy. Then there was an awful earnings report for Cheniere and its spin-off, Cheniere…
In coverage this morning, Goldman Sachs has come out and reiterated the firm’s Cautious analyst coverage view for the corn-based ethanol producers. Specifically, the firm has reiterated its "SELL" ratings on: Aventine Renewable Energy…