Energy
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The effects of Hurricane Ike on the Gulf Coast are still being sorted out, but, so far reported infrastructure damage…
Oil refiners have had a very tough year. Since January, Marathon’s (NYSE:MRO) stock is off nearly 30%, Valero (NYSE:VLO) has…
The SEC has proposed new rules that would permit oil and gas companies to report possible and probable reserves as…
The new mantra creating a deflating speculative bubble is taking a new twist. Even before Ospraie blew out its fund…
Hurricanes Katrina and Rita in 2005 forced a halt to about 25% of US oil and natural gas production. Now…
In the midst of the military and political fiasco in Georgia, it would be easy to believe that Russia could…
Conoco (COP) is selling its gas stations, following Exxon (XOM) out the exit door. Perhaps there is a greater fool;…
Even with oil prices well off of recent highs, these are still very much considered as above historical highs. The…
It’s no secret the oil refining margins have been dropping like a rock for the past few quarters. When pump…
Americans drove 12.2 billion miles less in June than they did in the same month a year ago. That is…
Corporations often start a business that becomes a famous brand, or buy companies that already have highly recognized brand names. …
After Wal-Mart (WMT) announced its outstanding June numbers, Wall St. said the company was actually “recession proof”. Consumers, beat down…
According to Reuters, GM (GM) is expected to post a huge loss. Reuters reports that oil company profits rose, but…
Exxon-Mobil (XOM) has proven once again that while the rest of the economy is in rags, big oil mints money.…
This week has already been an interesting week in the oil patch, but for big oil stocks the expression "You…
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