Archives for 2016
Railroad Commission sides with Eastman in pipeline dispute
State oil and gas commissioners on Wednesday ruled that Houston-based Westlake Chemical cannot charge a free-market rate for use of its Texas pipeline, concluding a 3-year-old dispute. The state Railroad Commission, which has the power...
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Oil inventories rebound, crude prices fall
After finally showing some signs of depletion, the nation’s large stockpiles of crude oil rose again this past week, the Energy Department said Wednesday. The somewhat surprising news comes one week after oil and fuels...
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Market Currents: Permian rig count up nearly 50 percent
Oil prices are looking lower, facing headwinds of a stronger dollar and an impending bearish oil inventory report. Hark, here are six things to consider on oil markets today: 1) We’ve been having a bit...
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Another glut looms: Solar industry boosts panel production
Solar manufacturers that are ramping up production now face a looming glut of panels, forcing companies to adjust or face dire consequences. Trina Solar, Canadian Solar and JinkoSolar Holding Co. are among the suppliers boosting...
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Millennials getting a rush from trading oil in volatile market
Chris Santos likes a little spice in his investing life. That’s why the 26-year-old Toronto man trades Credit Suisse Group AG’s VelocityShares 3x Long Crude ETN, which offers returns equal to three times the move...
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