Natural Gas Price Rises Following Inventory Report
The U.S. natural gas inventory rose by 96 billion cubic feet last week, slightly less than expected. Gas prices are up about 3.2% on the day as demand is expected to rise as the…
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4 Energy Stocks With Huge Yields May Be the Best Sector Play Now
Huge payouts that have remained consistent, along with the ability for the share prices to go higher, make these solid plays for more aggressive income accounts looking for energy exposure.
US Gas Price Reacts to Crude Oil’s Falling Price
After rising sharply over the past several weeks, gas prices rose just a couple of pennies last week and not at all since Friday.
Canada Buys Kinder Morgan’s Trans Mountain Pipeline System
Kinder Morgan's Canadian subsidiary has sold the troubled Trans Mountain pipeline system and expansion project to Canada's federal government. The government plans to sell the assets as soon as it finds a buyer.
Now Is the Time to Buy Mega-Cap Energy Stocks as Oil Stumbles
These are five of the biggest and best companies in the energy sector, and their shares have taken a good hit over the past week.
Gasoline Holding at Just Below $3 a Gallon, Crude Oil Price Sliding
The price of a barrel of oil has fallen by $5 a barrel since last Thursday. U.S. consumers are paying an average of just under $3 a gallon for regular gas and might be…
More Forecasters See Potential for $100 Oil
The series of analysts who believe oil could reach $100 this year seems to grow weekly. Whatever the pace, the chance of $100 oil is back on the table for the first times in…
Gas Prices Up 25% Since Last Memorial Day
The average price for a gallon of regular gas has reached $2.97 as the Memorial Day holiday weekend begins. Even though crude oil prices plunged on Friday, prices are likely to remain elevated and…
US Oil Rig Count Soars This Week, Crude Price Plunges
The number of land-based rigs drilling for oil in the United States rose by 15 this week. High prices for crude oil continue to drive more production.
Shell Adds Another Well to Gulf of Mexico Play
Royal Dutch Shell has announced a major oil discovery in the U.S. Gulf of Mexico about 170 miles southeast of New Orleans. The company expects to begin production by late next year.
Will Rising Gas Prices Play a Role in Consumer Summer Travel Plans?
Summer vacations have never been cheap. Rising gas prices could influence summer travel plans starting this Memorial Day weekend.
Short Sellers Up the Ante in Major Oil Stocks
The May 15 short interest data have been compared with the previous figures, and short interest in most of these selected big oil stocks increased.
Short Sellers Still Cool to Solar Stocks, Betting Against Alt Energy
Short interest in solar and alternative energy stocks was mixed in the two-week period to May 15. Short sellers got out of two solar stocks and jumped on three alt energy stocks.
Natural Gas Price Ticks Higher on Inventory Rise
The amount of natural gas in U.S. storage rose by 91 billion cubic feet last week, right inline with analysts expectations. Prices had been rising sharply this week as hot weather raised demand for…
New Car Buyers Aren’t Worried About Gas Prices–Yet
U.S. gas prices have risen to around $2.95 a gallon ahead of the Memorial Day holiday weekend and seem well on the way to well above $3.00. When do Americans change their choice of…