Keystone (TRP) supporters can take heart from a new Pew Research poll showing broad popular support for the controversial pipeline, ranging across party lines and all age groups. But the poll showed public concern about another hot-button energy issue facing the Obama administration: fracking for natural gas and oil, which draws only 48% support. [View news story]
Ssshhhh ... don't tell the sheople. We've been fracking for 60 years but they don't need to know that. We want to keep the "low" in "low-information voters."
Valero (VLO -6%) says proposed new rules aimed at reducing sulfur content in gasoline would cost it hundreds of millions of dollars in equipment construction and upgrades alone. In addition to spending $300M-$400M initially to implement the rule, VLO also predicts operating costs would rise by an undetermined amount every year due to the rules proposed Friday by the EPA. (earlier) [View news story]
Back to your caves everyone. Nothing to see here. All part of being regulated back to the stone age.
Gunmen have seized control of an oil tanker near Ivory Coast's port of Abidjan. The news comes after Algeria ended a siege at a gas plant in the Sahara. [View news story]
President Biden is probably on his way over there now to personally disarm the rascal hijackers.
With over 130,000 New York State residents still without power following Superstorm Sandy, Governor Andrew Cuomo has created a commission to investigate the area's utilities for their handling of the storm and to recommend reform. "It has to be overhauled and you need a new system," Cuomo said. NY power companies include ConEd (ED), CH Energy (CHG) and National Grid (NGG). [View news story]
More Wild Trading In Magnum Hunter Resources [View article]
A Big Market Drop Makes These Below $8 Oil Stocks Too Cheap To Ignore [View article]
Keystone (TRP) supporters can take heart from a new Pew Research poll showing broad popular support for the controversial pipeline, ranging across party lines and all age groups. But the poll showed public concern about another hot-button energy issue facing the Obama administration: fracking for natural gas and oil, which draws only 48% support. [View news story]
Valero (VLO -6%) says proposed new rules aimed at reducing sulfur content in gasoline would cost it hundreds of millions of dollars in equipment construction and upgrades alone. In addition to spending $300M-$400M initially to implement the rule, VLO also predicts operating costs would rise by an undetermined amount every year due to the rules proposed Friday by the EPA. (earlier) [View news story]
Gunmen have seized control of an oil tanker near Ivory Coast's port of Abidjan. The news comes after Algeria ended a siege at a gas plant in the Sahara. [View news story]
With over 130,000 New York State residents still without power following Superstorm Sandy, Governor Andrew Cuomo has created a commission to investigate the area's utilities for their handling of the storm and to recommend reform. "It has to be overhauled and you need a new system," Cuomo said. NY power companies include ConEd (ED), CH Energy (CHG) and National Grid (NGG). [View news story]
Norfolk Southern Has 63% Upside Potential [View article]
Today In Commodities: Dollar Falls Near 5 Month Lows [View article]
QE3 On The Front Burner? Buy Oil Stocks [View article]
May Nonfarm Payrolls: +69K vs. consensus of +150K, prior 79K (revised). Unemployment 8.2% vs 8.1% expected, 8.1% previous. [View news story]
Bakken Update: McKenzie County EURs Compared With Initial Production [View article]
Michael - can't thank you enough for all of your research and willingness to share with the rest of us.
Bakken Update: How Good Is Kodiak's New Acreage? Part III [View article]
Michael - Thank you for all of your hard-work research and analysis. We sure appreciate it. Happy Thanksgiving!
Cramer's Stop Trading! Why Are We Burning Our Food? (2/24/11) [View article]