India and China are starting to get the message that they cannot buy oil cheap and sell by-products like gas and diesel low. When the deficits start to hit hundreds of billion of dollars,…
The experts in the US government have finally come around to the reality that oil prices are not going to drop. And, they could stay high for a very, very long time. "You’ve got…
Rockies Express Pipeline, LLC today announced that it has received certification from the FERC for the third and final phase of it’s 1,697-mile, 42-inch natural gas pipeline running from western Wyoming to eastern Ohio.…
If the smart money is right, the price of oil is going down. According to Bloomberg "Hedge-fund managers and speculators reduced bets on higher oil prices by 80 percent since July as crude futures…
The most valuable things on the floor of the ocean are probably the Titanic and several ship-wrecks with old Spanish coins. There seems to be little else of any worth down with the lanternfish…
We’ve seen several analyst calls on Wall Street this morning out of the oil patch, and here are some of the key calls: Hess (NYSE: HES), Sunoco (NYSE: SUN), and Tesoro (NYSE: TSO) were…
In the last week or so, everybody seems to have weighed in with an opinion on whether or not speculation is responsible for the rapid recent rise in crude oil prices. Until yesterday, however,…
Regulators are going to look more closely at the trading of oil. According to The Wall Street Journal "U.S. regulators disclosed a broad nationwide probe into potential oil-market manipulation and said they are expanding…
Lehman Brothers Holdings Inc. (NYSE: LEH) has announced that it is "considering" strategic alternatives for its SkyPower Corp. unit in Canada to augment its growing capital base and accelerate development of its wind and…
The latest theory about high oil prices is that net exporters of oil are shipping less crude while the world needs more. According to The Wall Street Journal, "Fresh data from the U.S. Department…
The overall short interest on NASDAQ stocks was actually pretty dull from the end of April to Mid-May, or at least that is the case until you go straight into looking at solar stocks…
It seems that the producers may be getting sick and tired of not being able to pass exponentially rising costs on to customers. This morning, The Dow Chemical Company (NYSE: DOW) has announced that…
Indonesia would probably like to remain a member of OPEC, but it is pointless. The country is no longer a net exporter of oil. Needs within the country’s growing infrastructure and increasing use of…
Solar energy may be the wave of energy’s future, but companies like Google (GOOG) and Chevron (CVX) may best start-ups in getting to the benefits. A number of large American companies with tremendous balance…
Saudi Arabia says it will up its investment in oil drilling and infrastructure. That should, in theory, help the kingdom push more crude out in the years to come. According to the FT, "State…