The oil industry is in the midst of dealing with one of the largest spills in history. The consequences could be dire for firms focused on offshore drilling, with a current six-month moratorium on drilling in the United States and a slew of new regulations and safety procedures being prepared… Read More
Energy & Commodities
With the market oscillating between down and flat for the year, an old friend of mine, Tom, asked the other day why I was so chipper about the market. He had just received his 401(k) statement and was very disappointed. “I’m up,” I told him. “I’m way… Read More
I apologize for the brevity of today’s article, but I have a long drive ahead of me. Most of you probably think I’m just a research fanatic that locks himself in the office for hours on end… well, you’re right. But fact is, I grew up on… Read More
If you read about the markets — whether from papers like The Wall Street Journal, publishers like StreetAuthority, or even blogs like 247WallSt.com — I think you’ll start to notice how much press is devoted to China. It’s for good reason. China, especially… Read More
More than a century ago, governments in the United States and Europe decided to pave over dirt... Read More
More than a century ago, governments in the United States and Europe decided to pave over dirt roads. They knew that many citizens would soon be driving automobiles and would soon sour on bumpy,... Read More
I doubt you’ve ever heard of Rockhopper Exploration. Rockhopper is a small U.K.-based oil company. But what’s unique about its business is that the company is a major player in the drilling around the Falkland Islands. You likely remember the Falkland Islands as the… Read More
It’s no secret. Markets have been tanking. Investors are fearful that the debt crisis in Europe will derail the recovery. As many analysts predict slower economic growth or a “new normal” in the years ahead, high dividend stocks could replace growth… Read More
The major credit ratings agencies continue to be caught in the crossfire of finger pointing that has occurred since the housing bubble burst and fanned the flames of a major credit crisis in late 2008. There has been much talk of increasing regulation of these firms, and very recently the… Read More
As the Obama administration gets set to spell out the restrictions placed on offshore drilling, one... Read More
As the Obama administration gets set to spell out the restrictions placed on offshore drilling, one thing is clear: The domestic supply of oil and natural gas is bound to be cut — at least in... Read More
Here’s the most important number you need to know today: $8 billion. That’s the amount of cash that BP (NYSE: BP) is likely to generate, year-in and year-out, assuming energy prices stay where they are right now. And that number should be kept in mind as investors tally up all… Read More