President Joe Biden departs, followed by German Chancellor Olaf Scholz after a news conference in … [+] the East Room of the White House, Monday, Feb. 7, 2022, in Washington. (AP Photo/Alex Bran...
Tag: natural gas
Oil is the hottest sector, and Wall Street analysts see upside of up to 48% for favored stocks
Energy is the best-performing stock-market sector this year. Given today’s strong economic growth and inflation, many believe oil prices could remain at current levels for years or maybe even move hig...
With Chevron Stock Near Record Highs, Analysts Are Divided
Text size A Chevron petroleum storage tank in Fort Lauderdale, Fla. The oil giant missed analysts’ earnings estimates when it reported fourth-quarter results on Friday. Joe Raedle/Getty Images C...
‘No one is above the law’: Oil tycoon tried to stiff his ex-wife in a bitter divorce — now he’s going to prison for tax evasion
Todd Kozel made his riches in the oil fields of Kurdistan and now will have to pay the price. The once-jet-setting co-founder and chief executive of Gulf Keystone Petroleum is headed to prison for fiv...
The Reasons Why A War In Ukraine Will Make Inflation Worse
A Russian tank rolls during a military drills at Molkino training ground in the Krasnodar region, … [+] Russia, Tuesday, Dec. 14, 2021. (AP Photo) ASSOCIATED PRESS With Russia massing troops at ...
Texas Electric Grid Survives Recent Cold Snap
AUSTIN, TX – JUNE 08: (L-R) State Rep. Chris Paddie, Texas Governor Greg Abbott and State Senator … [+] Kelly Hancock attend a press conference where Abbott signed Senate Bills 2 and 3 at ...
FERC And The Connecticut Governor Lamont’s Shortsighted Decision To Block A Natural Gas Plant
Earlier this month the Federal Energy Regulatory Commission, or FERC, acquiesced to protests by activists and government officials and officially terminated a contract involving a natural gas plant sl...
Wall Street: $100 Oil Might Just Be the Beginning
Text size The big question now for oil is where the U.S. dollar goes. Oil is priced in dollars and a strong dollar tends to hurt oil prices. Mario Tama/Getty Images A bet on $100 oil has gone from a l...
‘We Were Wrong’ About Exxon’s Prospects, Analyst Says
Text size Scott Olson/Getty Images A former bear on Exxon Mobil has changed his tune, and acknowledged that he underestimated the company’s comeback last year. RBC Capital Markets analyst Biraj Borkha...
Under-The-Radar Energy Stocks For 2022
Picture taken on January 23, 2015 of the newly finished PV Salvador solar plant near El Salvador, in … [+] the Atacama desert, northern Chile. The photovoltaic plant, built by SunPower, a Califo...
Energy Sector Predictions For 2022
July 2021, Westlands Solar Park, near the town of Lemoore in the San Joaquin Valley of California is … [+] the largest solar power plant in the United States and could become one of the largest ...
One of the World’s Dirtiest Oil Patches Is Pumping More Than Ever
TORONTO—Major oil companies, under pressure from investors and environmentalists, are fleeing Canada’s oil sands, the fourth-largest oil reserve in the world and by some measures one of the most envir...
Wall Street’s Favorite Oil Stocks for 2022—Including an Obscure One
Text size Bing Guan/Bloomberg Several analysts and strategists expect energy stocks to outperform the broader market in 2022, as they did in 2021. Energy tends to do well in inflationary environments,...
Exxon Could Go Even Bigger on Its Dividend
Text size David Paul Morris/Bloomberg Oil companies used to compete on how much crude they could produce. Now they’re competing on how much cash they can send back to investors. That dynamic could pay...
How Oil Could Hit $150. It’s Not Just About Russia.
Text size West Texas intermediate crude oil was trading near $94 a barrel on Monday. Spencer Platt/Getty Images By one measure, oil prices could rise to $150 a barrel this year, which would be the hig...