All Posts Tagged With: "EIA"
Why Oil May Be Headed for $50
In 2000, investors thought the world was a “different” place. “You have to value Internet companies differently,” people would say. “Ignore the triple-digit P/E… That is an obsolete way to value a company.”
GM Tries to Reverse Course, but Can it Catch Toyota?
It has taken three straight years of declining profit for General Motors Corp. (GM) to realize it is no longer on the cutting edge of the world’s automotive market.
Crude Beats a Retreat - Drop Comes Despite Huge Inventory Plunge
In the energy market Thursday, crude for July delivery retreated, closing at $126.62/barrel, down $4.41. June reformulated gasoline lost 5 cents, to $3.40/gallon.
Whither the Price of Oil?
Those Nasty Index Speculators. Is Correlation Causation? Where Are All the Tankers? Where Will Oil Prices Go? Is it 1980 All Over Again? The Middle East, California, and Help for Myanmar.
Crude, Broken Record, Blasts to Another Record
In the energy market Wednesday, crude for June delivery continued on its rocket trajectory to a new closing record, finishing at $123.53/barrel, up $1.69, after an intraday peak of $123.75.
Crude Price Little Changed
In the energy market Wednesday, crude for June delivery debuted as the front-month contract by rising slightly to close at $118.30/barrel, up 23 cents. May reformulated gasoline gained 3.23 cents, solidifying its place above $3 at $3.0424/gallon.
Crude Vaults to Alltime High
Stockpile declines catch analysts flat-footed. In the energy market Wednesday, crude for May delivery skyrocketed to a new alltime high, closing at $110.87/barrel, up $2.37 after hitting an intraday high of $112.21. May reformulated gasoline rose 2.38 cents, to $2.7742/gallon.
The Food Crisis, New Energy Tech, Bernanke Speaks, and More!
Food costs skyrocket across the globe…how the latest surge means more than just higher prices. Kevin Kerr on the U.S. agricultural crisis just around the corner. Legendary investor says U.S. market has hit a bottom… for now. Byron King on the latest DOD energy project… and how you can profit from it. Bernanke called to Congress again… our thoughts on his latest testimony.
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