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ThinkstockIt was only a matter of time. In the wake of the 1973 OPEC oil embargo, the U.S. enacted a law in 1975 that prohibits (with minor exceptions) exporting U.S. crude oil. But as U.S. crude...
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Wikimedia CommonsThe general investing public will spend much of its energy waiting for earnings from famous companies such as Facebook Inc. (NASDAQ: FB) and J.C. Penney Co. Inc. (NYSE: JCP). These...
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thinkstockThe U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks increased by 90 billion cubic feet last week, compared with an expected build of...
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thinkstockThe U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks increased by 101 billion cubic feet last week, compared with an expected build of...
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ThinkstockThe Permian Basin in West Texas is truly a story of the Phoenix rising from the ashes. Since its discovery, the oil-rich region has had its ups and downs, with activity sloping downward...
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ThinkstockToday’s U.S. gasoline pump prices are at their lowest point since the end of January. At a national average of $3.40 a gallon, the price has dropped by $0.19 a gallon since the beginning...
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ThinkstockAnglo-Dutch oil supermajor Royal Dutch Shell PLC (NYSE: RDS-A) announced Monday that it will sell its assets in the Eagle Ford shale play in south Texas. The sale follows an announcement in...
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Courtesy RosneftRussian oil giant Rosneft wants in on the country’s natural gas business, which is controlled by the country’s other energy giant, natural gas producer Gazprom. Exxon Mobil Corp....
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thinkstockThe U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks increased by 87 billion cubic feet last week, compared with an expected build of...
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ThinkstockShould you chase short sellers, particularly in the energy business? That is what you have to ask yourself after a Credit Suisse report on the sector. Oil has remained above $100 a barrel...
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ThinkstockWith tops across the Nasdaq, Dow Jones Industrial Average (DJIA) and S&P 500, concern is growing that, with a relatively poor economy and high unemployment, low interest rates cannot...
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thinkstockThe U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks increased by 46 billion cubic feet last week, compared with an expected build of 55...
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ThinkstockIn 2012, the U.S. imported nearly 3 million barrels of oil a day from Canada. The Keystone XL pipeline, if it is approved, would increase that total by 830,000 barrels, but without a change...
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ThinkstockThe run-up in crude oil prices that got rolling in mid-April has pushed West Texas Intermediate (WTI) crude prices from around $87 a barrel to almost $110 a barrel. That is a gain of more...
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thinkstockThe U.S. Energy Information Administration (EIA) today reported the U.S. natural gas stocks increased by 65 billion cubic feet last week, compared with an expected build of about 67 billion...
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