Gas price increases often affect the broader economy as they eat into consumer discretionary spending. A further sharp increase in fuel prices is a new and widespread risk to the current economic expansion.
Pump prices for gasoline ticked lower last week but that may be only a temporary reprieve for motorists as the summer driving season approaches.
Shares of these four mega-cap companies still offer value and potential upside, and they have come down dramatically in price over the past few months.
Kinder Morgan's Canadian subsidiary has called a halt to further spending on its Trans Mountain pipeline expansion project primarily due to opposition from the government of British Columbia and several of Canada's First Nations.
The number of U.S. land-based rigs drilling for oil jumped by 11 this week and a total of 14 horizontal rigs were put into service.
The U.S. natural gas inventory fell by 29 billion cubic feet last week, the last week of the "official" winter heating season.
Crude oil prices cut their losses slightly following the inventory report from the U.S. Energy Information Administration. Investors and traders are grappling with tariffs today, and petroleum inventory changes are taking a back seat.
With the busy summer driving and energy season right around the corner, now is a good time to consider adding positions with energy exposure.
U.S. pump prices for gasoline at nearing a 1,000-day high as inventories continue to decline and more expensive summer-grade fuel makes its way to gas stations.
These five top stocks to buy that all make good sense for investors looking to add energy, especially companies with Permian Basin exposure. The recent selling is offering some timely entry points for investors…
A federal judge in New York has dismissed a lawsuit brought by Exxon Mobil related to investigations related to climate risk.
The number of U.S. land-based rigs drilling for oil this week fell by seven while the number of rigs drilling for natural gas rose by four.
At today's oil prices, U.S. drillers are making a profit of at least $10 a barrel on new wells and even more on existing wells.
The U.S. natural gas stockpile fell less than expected last week. With one week to go in the winter heating season, the nation's natural gas in storage totals about 1.38 trillion cubic feet, about…
With the United States poised to the world leader in oil production as early as this year, more deals for the top Permian Basin companies are highly likely.
