Energy
Energy Articles
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.
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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...
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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 vehicles and their...
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The U.S. crude oil stockpile unexpectedly jumped by nearly 6 million barrels last week. That has put downward pressure on prices.
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Gas prices at the pump rose about five cents a gallon last week, and prices are expected to keep rising through and beyond the coming Memorial Day holiday weekend.
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Rising gas prices are putting a crimp in Americans' plans for summer road trips. The number planning a road trip of is down by 24 percentage points compared to last year.
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Pipeline takeaway from the Permian Basin is vanishing as crude oil production grows by around 70,000 barrels a day. This forces producers to sell their crude at a sharp discount as they pay more for...
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The average price for a gallon of gasoline nationwide has increased 24% in a year. It is too early to know whether $3 a gallon gasoline will curtail the plans of some people to drive this summer.
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The number of land-based rigs drilling for oil in the United States was unchanged this week. This is the first week in seven that the count has not increased.
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Canadian midstream company Enbridge has made an offer to acquire the approximately 17% of gas pipeline company Spectra Energy in an all-stock deal. This is the second such deal in two days. What's...
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A new report from the International Energy Agency calculates that demand for air conditioning will be a major driver of electricity demand growth over the next 30 years.
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Liquified natural gas supplier Cheniere Energy has acquired the remaining stake of about 8% that it did not already own in Cheniere Energy Holdings in an all-stock deal.
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U.S. natural gas in storage increased by more than 100 billion cubic feet last week. Prices were little changed following the report from the U.S. Energy Information Administration.
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The EIA reports that U.S. crude oil inventories fell by 1.4 million barrels last week and gasoline stockpiles fell by 3.8 million barrels. But production and exports continue rising, offsetting the...
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The International Energy Agency this morning released its monthly report on the global oil market. The IEA is forecasting slightly lower demand for this year as rising prices begin to take their toll.
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