Saturday, November 22nd, 2008

Posts Tagged ‘ Energy Information Administration ’

Crude Edges Higher, Brazil Welcomes Big Oil

Nov 14th, 2008 | By Doug Casey | Category: Financial News

In the energy market Thursday, oil managed to gain a little ground, with crude for December delivery closing at $58.24/barrel, up $2.08 on its last day as the front-month contract.



Oil Races Higher, Rate Cut Seen as Possible Spur to Economy

Oct 30th, 2008 | By Doug Casey | Category: Financial News

In the energy market Wednesday, oil roared higher, with crude for December delivery closing at $67.50/barrel, up $4.77. November reformulated gasoline rose 7.75 cents, to $1.533/gallon.



Global Investing Roundups Thursday, October 30th, 2008

Oct 30th, 2008 | By William Patalon III | Category: Financial News

Oil Bounces Back; Hungary Gets $25 Billion in Aid; P&G Boosted by Emerging Markets; Qwest Cuts Workforce; Airline Merger Cleared for Takeoff; Domestic Airfares Soar to Record High; Consumer Crunch Hits Comcast; Biotech Firm Plunges



Oil Price Soars $5 on Reduced Supply, Gas Could Head Much Higher

Jun 12th, 2008 | By Jennifer Yousfi | Category: Oil Investment & Alternative Energy

Crude for July delivery jumped more than $5 per barrel in New York yesterday (Wednesday) to close at $136.38 per barrel on declines in U.S. supplies and refinery activity.



The Great Green Debate

Jun 6th, 2008 | By Charles Delvalle | Category: Oil Investment & Alternative Energy

Last week I promised that I’d go over some promising sectors in the green market. But the past two articles on the topic generated some important feedback that I’d like to go over with you today.



Oil Moves Lower

Jun 5th, 2008 | By Doug Casey | Category: Oil Investment & Alternative Energy

In the energy market Wednesday, crude for July delivery retreated again, closing at its lowest level in a month, $122.30/barrel, down $2.01. July reformulated gasoline plummeted 15 cents, or 4.5%, to $3.20/gallon.



Hurricane Season Hits USA, Prepare For The Resulting UK Petrol Panic Now

Jun 3rd, 2008 | By Garry White | Category: Oil Investment & Alternative Energy

Since the devastation of Hurricane Katrina and Hurricane Rita - North Atlantic Hurricane seasons have been mild in comparison. That was three years ago when the oil price was $50… what do you think production disruption will do to $135 oil?



Oil Exports Down

May 29th, 2008 | By Dave Gonigam | Category: Oil Investment & Alternative Energy

Could someone notify our clueless congresscritters? Fresh data from the U.S. Department of Energy show the amount of petroleum products shipped by the world’s top oil exporters fell 2.5% last year, despite a 57% increase in prices, a trend that appears to be holding true this year as well.



Crude Back on the Upswing

May 29th, 2008 | By Doug Casey | Category: Oil Investment & Alternative Energy

In the energy market Wednesday, crude for July delivery rose after Tuesday’s knockdown, closing at $131.03/barrel, up $2.18. July reformulated gasoline gained 6.78 cents, to $3.4476/gallon.



This Solar ETF Is a Great Play on Clean Energy’s Rise

May 23rd, 2008 | By Contrarian Profits | Category: Featured, Financial News

Costs for solar thermal energy will be cheaper than coal as soon as 2020, according to a report from the US Department of Energy, making one solar ETF a great way to profit.

Google, Chevron and Goldman are all betting that this prediction is correct. This from Bloomberg:

Unlike photovoltaic solar panels that convert sunlight to electricity, solar thermal focuses sunrays with mirrors to heat oil in glass pipes to about 700 degrees Fahrenheit (370 degrees Celsius).