Energy

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Cramer Thinks Grant Prideco Is Overlooked (GRP)

Cramer on Tonight’s MAD MONEY said he is endoring oil services, but not just because of Goldman Sachs’ upgrade of its base prices today.  If you already own these you might not want to…

Douglas A. McIntyre · 19 years ago

With Oil At Record Highs, Talk Of $200 A Barrel

24/7 Wall St. has run three or four pieces recently that suggested there are strong cases for $100 a barrel oil. With the $80 mark reached last week, some oil industry experts do not…

Douglas A. McIntyre · 19 years ago

The Business Day in Global Warming (SWY, BRK-A,TM, SPWR)

Safeway Inc. (NYSE:SWY) has announced a new environmental project to power 23 California stores with renewable solar energy. The company installed solar panels atop a newly renovated Safeway Lifestyle store in Dublin, California and…

Douglas A. McIntyre · 19 years ago

T. Boone Pickens Calling For Higher Oil Prices

The famed T. Boone Pickens came on CNBC for a telephone interview again with new predictions for high oil prices.  It was a bit interesting that he doesn’t have a stated target for oil…

Douglas A. McIntyre · 19 years ago

OPEC To Raise Oil Supply By 2%

OPEC has decided to raise oil production by 2% to meet winter demand. According to The New York Times: "OPEC representatives said they were aware that excessively high prices might put a dent on…

Douglas A. McIntyre · 19 years ago

OPEC Lands Another Blow

The head of OPEC says that the oil supply is plenty good. It is refining that is the problem. That would put the reason for higher oil prices squarely on the shoulders of the…

Douglas A. McIntyre · 19 years ago

IPO FILING: El Paso Pipeline Partners, L.P. (EP, EPB, BSR)

After the close Friday, while no one was there to see it, we had a fairly interesting spin-off announcement.  El Paso Corp. (NYSE:EP) filed with the SEC to make its El Paso Pipeline Partners,…

Douglas A. McIntyre · 19 years ago

Hurricane Dean And $100 Oil

Everyone from the President of Venezuela to one of the big oil think tanks believes that oil could spike well above $70 and remain there. The elements that would contribute to a big rise…

Douglas A. McIntyre · 19 years ago