Gas prices in all 50 states this week are back above $3 per gallon for the first time since December 15, when regular unleaded gasoline remained at this level for nearly 10 months. Read More
Despite pronouncements by Saudi royalty and oil officials that that country will not let the price of oil go above $100 a barrel, Brent crude prices now appear poised to breach $120 a barrel. Read More
Oil prices rallied on renewed optimism over debt problems in the European Union and concerns over energy security in the Middle East after an explosion of a crude oil pipeline in Syria. Read More
Gold priced in euros broke above of key trend line Monday morning, as safe-haven buying and upward technical momentum continue to help the precious metal rally. Read More
Despite reports suggesting that Iran is considering a halt to all oil exports to Europe as a response to European Union and US sanctions, the head of energy watchdog the International Energy Agency said that releasing reserves under its control is not something under consideration now. Read More
Alex Pourbaix, TransCanada’s President of Energy and Oil Pipelines, tells Larry Kudlow the company has no intention of changing the route and may start working on segments of the pipeline before it gets presidential approval. Read More
One equity strategist said making bets on natural gas should be rewarding given the changing dynamics of the energy industry. In his view, shale gas drilling will be a massive disruption to the system that will make the U.S. an important competitor. Read More