Text size Photograph by Justin Sullivan/Getty Images There is a cottage industry on Wall Street predicting what would Warren would buy. That, of course, refers to Berkshire Hathawa y (ticker: BRK.B) C...
Tag: natural gas
Warren Buffett Says Markets Have Become a ‘Gambling Parlor’
OMAHA, Neb.—As recently as February, Warren Buffett lamented he wasn’t finding much out there that was worth buying. That is no longer the case. After a yearslong deal drought, Mr. Buffett’s Berkshir...
Europe Inches Closer to a Ban on Russian Oil. Here’s What That Would Mean.
Europe will continue debating a ban on imports of Russian oil over the weekend. While such a deal is far from certain, the New York Times reported Friday that the European Union could approve a phased...
Is There A More Climate-Friendly Way To Fertilize Crops? The Answer May Be Blowin’ In The Wind
Crops like corn need nitrogen fertilizer, but it may be now be increasingly logical to harness wind … [+] or solar energy to make it dpa/picture alliance via Getty Images Plants are naturally “s...
CEO of Top Natural Gas Producer Sees ‘Tremendous’ Moment for U.S. Energy
On Thursday, U.S. climate envoy John Kerry put natural gas companies on the clock, telling them to clean up their acts in the next six to 10 years or be replaced. On Friday, the head of the largest ga...
Kerry Praises Europe As ‘The Lead On The Planet’ For The Energy Transition
GLASGOW, SCOTLAND – NOVEMBER 04: Secretary John Kerry, U.S. Special Presidential Envoy on Climate, … [+] launches the First Movers Coalition, the green initiative announced at COP26 by Pre...
Here’s Why Mariupol Is Such A Prized Target For Russia
Topline Mariupol, the heavily besieged southeastern Ukrainian port city with a pre-war population of about 400,000 that largely has been reduced to rubble since Russia launched its invasion of Ukraine...
ESG Certifications For Natural Gas Create Strange Bedfellows
Group production wellheads and conduit with valves. Oil and gas industry. getty The process of certifying U.S. natural gas production for ESG (Environmental, Social and Governance) purposes gained hei...
The stock market is behaving a lot like it did during the Iraq war. Here’s the future if the pattern continues.
History doesn’t repeat, but it does rhyme. The Iraq war of 2003 doesn’t have many parallels to Russia’s invasion of Ukraine, other than perhaps global unpopularity. But there seems to be at least one ...
Warren Buffett’s Berkshire Hathaway Takes 11% Stake in HP
Text size Warren Buffett Paul Morigi/Getty Images for Fortune/Time Inc. Berkshire Hathaway has accumulated an 11.4% stake worth $4.2 billion in HP Inc. , the maker of personal computers and printers, ...
U.S. Imports, Exports Jump 20% To Shatter 2021 Records
The price of a barrel of oil is a major factor in record overall export and imports thus far in … [+] 2022. AFP via Getty Images U.S. trade is up more than 20% over the 2021 record pace, accordi...
Why The Ukraine War Won’t Crimp Green Investing
BlackRock CEO Larry Fink (Photo by Mat Szwajkos/Getty Images) Getty Images BlackRock leader Larry Fink has sounded a call to corporate America to commit itself to net zero—that is, eradicating its car...
Biden’s Commitment For US LNG To Supply Europe Faces Strong Headwinds
European Commission President Ursula von der Leyen listens as President Joe Biden speaks about the … [+] Russian invasion of Ukraine, at the U.S. Mission in Brussels, Friday, March 25, 2022, in ...
The West Can’t Decide Who Rules Russia But It Can Choose Where To Buy Its Oil, Gas, And Uranium
A tanker moored in a gas and oil dock at the Port of Constanta in Constanta, Romania, on Tuesday, … [+] March 22, 2022. Ukrainian ports have been shut since Russia’s invasion leading deman...
Signs Start to Emerge That High Energy Prices Are Sapping Demand
Text size Vehicles heading east out of Los Angeles. Vehicle miles traveled in California are starting to flatten out as gasoline prices remain high. Frederic J. Brown/AFP via Getty Images Oil prices h...
Opinion: What would it take for U.S. oil companies to ramp up production? A lot.
Even with oil prices above $100 a barrel and gas prices averaging over $4 a gallon at the pump, frackers show little interest in ramping up output. Companies including Devon Energy DVN, +1.56%, EOG Re...
Texas Survey Shows Why Oil Producers Aren’t Drilling More
Text size The Federal Reserve Bank of Dallas surveyed 141 oil and gas firms in the 11th Fed District, which includes Texas and parts of New Mexico and Louisiana. Spencer Platt/Getty Images Oil and gas...
Examining Germany’s Post-Russia Path For Energy Sources
Emily Pickrell, UH Energy Scholar BERNAU, GERMANY – MAY 31: Wind turbines producing electricity spin on May 31, 2021 near Bernau, … [+] Germany. While the number of new installed turbines ...
Opinion: Ukraine war is a wake-up call to ditch oil and gas forever
That invasion, and the subsequent U.S. ban on oil imports from Russia, are partly responsible, but they aren’t the only reason. According to the U.S. Energy Information Administration, the impact of t...
Russian War Pushes Germany To Broaden Its Energy Security Definition
Emily Pickrell, UH Energy Scholar BERLIN, GERMANY – FEBRUARY 09: (EDITORS NOTE: Image was created using a variable planed lens.) The … [+] natural-gas fuelled Heizkraftwerk Berlin-Mitte po...
Unless OPEC increases output, oil market will fall into deficit after Russian invasion, IEA says
Russia’s invasion of Ukraine and sanctions on its oil exports threaten a supply shock that will weigh on the global economy and push the oil market into a deficit unless major producers increase outpu...
Netflix is the S&P 500’s worst performer this week — here are the next 14
Investors remained sour for a second consecutive session on Friday as they continued to digest comments from Federal Reserve Chairman Jerome Powell about the prospect for rapidly rising interest rates...