Energy Efficiency: Learning from Japan Written By: Miranda Marquit 2007-08-22 11:36:45 One of the puzzling things about today's energy climate is why the U.S. is so content to continue its course, allowing Big Oil to call the shots. As the only superpower in the world, and arguably the country with the brightest minds, we should be looking to the 21st Century for our energy needs, rather than continuing to rely on Big Oil companies like Exxon (XOM), Chevron (CVX), Conoco-Phillips (COP) and others for an energy supply that ran the 20th Century.
Energy Stocks Got a Boost Monday Written By: Miranda Marquit 2008-10-20 13:40:21 Right now, as the stock market rally eases a bit in terms of the financial sector, the energy sector is holding gains. A measure of confidence is returning, thanks to remarks from Ben Bernanke regarding his dedication to stimulate the economy. Also helping the energy sector is the expectation that OPEC will soon be cutting production. This means that supply will decline along with demand, and that oil prices are expected to even out a bit. As a result, Big Oil companies are getting a little boost. ExxonMobil (XOM) and Chevron (CVX) posted the top price earnings out the gate Monday morning on combined confidence and OPEC news.
It also mandated the renegotiation of the 1998-1999 Gulf of Mexico oil and gas leases, some of which had mysteriously omitted a clause requiring leaseholders to pay royalties when oil prices exceeded $36 a barrel. Oil topped $36 in 2003.
