The downturn in oil prices has led to a lot of chatter about how best to spend money in the oil and gas world, and M&A activity is frequently cited as a prudent use of funds. Another use, which came up repeatedly at the 2015 Offshore Technology Conference, is investing in technology, and specifically technology […]
On Tuesday, Gallup reported that American confidence in the economy had plunged from -3 to -9 last week. It’s the lowest value sin
Gas prices at the pump have not risen this dramatically at this time of year since 2007. The last 3 months have seen pump prices soar almost 30%. The last 7 times that gas prices have accelerated this fast, stocks have corrected. Given...Show More Summary
Economists claim that the EU interferes too much in the pricing in the European gas market. The legal action against Gazprom which the EU is striving for would mean a direct intervention in the mechanisms of a free market economy, Deutsche Wirtschafts Nachrichten reported.
An agreement on the discount will be considered effective since January 1, 2015, which means that Gazprom will have to return between $250 million and $300 million to the Turkish companies.
By Christopher Arcus, Automotive X Prize Competitor, Design Engineer, Dedicated CleanTechnica Reader Headlines say EV owners trade their cars in for SUVs because gas is cheap. But what do the sales numbers say? What’s With the Downer on Earth Day? Is that really true? Lets look beneath the headlines. Show More Summary
When gas prices began to decline late last year, consumers immediately felt the relief during the heavy spending holiday season, and confidence in the economy reached levels not seen since before the Great Recession. As 2015 dawned pump prices remained low, economic sentiment continued at elevated levels, yet consumers didn't [...]
Location: 560 Lyon St. at Fulton St. Size: 5-bed, 3-bath, 2,469-square-foot condo Price: $1.899M Pitch: "In the HEART OF NOPA, Enjoy over 2400 sq ft of Quintessential SF Living! Entertain in this Gracious Space; Living Room with Gas Fireplace, Bay...
One of the largest independent oil and gas exploration and production companies in the U.S., Anadarko Petroleum, is set to announce its 2015 first-quarter earnings after markets close on May 4th. We expect lower crude oil prices to weigh significantly on the company's financial results. Show More Summary
The myth of expensive offshore wind: it’s already cheaper than gas-fired and nuclear Mike Parr, March 31, 2015 (Energy Post) “Offshore wind is routinely criticized for being too expensive…The Danish offshore wind target is 1350MW byShow More Summary
(Reuters) - Oil and natural gas producer Chevron Corp posted a 43 percent drop in quarterly profit on Friday due to low oil prices. The company reported net income of $2.57 billion, or $1.37 per share, compared to $4.51 billion, or $2.36 per share, in the year-ago period. Show More Summary
Save on gas Gas card: Rite Aid will give you a $10 gas card for every $30 you spend on participating products each week through Saturday. The net cost of items after your gas savings would be 33 percent less than the sale price. Some items include Néstlé Pure Life water (24-count bottles) on sale for $2.99, with a net cost of $2 or 8.3 cents per bottle. Selected varieties of...
Lower gas prices -- perhaps the lowest in five years -- could be seen during the upcoming summer driving season
The myth of the resurgent US consumer, who was somehow supposed to benefit massively from the "unambiguously good" plunge in oil and gas prices, has been gutted and eviscerated, with the latest confirmation coming from the Personal Income...Show More Summary
(Reuters) - Exxon Mobil Corp reported a smaller-than-expected drop in quarterly profit on Thursday as oil and gas output and refining results grew even as lower crude prices ate into earnings at the world's largest publicly traded oil company. Show More Summary
Group to scale back exploration drilling for unconventional gas resources in Aust on weaker commodity prices.
Plans to raise state gas taxes move down the road in Minnesota and South Carolina. The Minnesota Senate passed a 16-cent-per-gallon gas tax hike that would be triggered when pump prices fall to $2.50 per gallon. Minnesota’s levy is currently 28.5 cents per gallon. Show More Summary
Oil and gas company says its looking to reduce costs, as oil prices drop 29% during qtr.
Projections shows most of the growth in US net gas exports occurs before 2030, as increased domestic supply satisfies new demand both internationally and domestically - even with a low oil price.
April 28--Minnesota drivers would pay an additional 16 cents a gallon at current gas prices to help bankroll statewide transportation upgrades, a tax that would rise with the cost of fuel, under a bill the Minnesota Senate approved on...Show More Summary