Energy Finance

Archive for June, 2008

Time and Energy

Monday, June 30th, 2008 Posted in Uncategorized | No Comments »

Time and energy are highly valued in today's society. As the price of transportation fuel spirals ever higher, these two components of everyday life can be joined together to create synergy. Some ... Read more..

SEC Proposes Updating Reserves Reporting Rules - Finally!

Friday, June 27th, 2008 Posted in Uncategorized | 1 Comment »

Finally! According to the Securities and Exchange Commission (SEC) website, "The Commission is proposing revisions to its oil and gas reporting requirements which exist in their current form in Regulation ... Read more..

XOM Off The Hook

Thursday, June 26th, 2008 Posted in Uncategorized | No Comments »

Big oil, in the embodiment of ExxonMobil, won a Supreme Court ruling on June 25 when the high court voted five to three to cut punitive damages in the Exxon ... Read more..

Hong Kong To Open HK-MEx

Wednesday, June 25th, 2008 Posted in Uncategorized | No Comments »

Hong Kong plans to open a commodities exchange, to be called  Hong Kong Mercantile Exchange (HK-MEx), to trade petroleum and other raw materials. HK-MEx is expected to open sometime during the ... Read more..

Ethanol Death Throes

Tuesday, June 24th, 2008 Posted in Uncategorized | 1 Comment »

It looks like U.S. ethanol supporters backed the wrong horse. The industry is under increasing pressure as the science of energy transformation economics is being dispersed into the general populace, subsidy schemes are ... Read more..

More Citigroup Pink Slips

Monday, June 23rd, 2008 Posted in Uncategorized | 1 Comment »

New York based-Citigroup will layoff thousands more from its worldwide investment-banking division, according to today's news. The layoffs are part of a plan to cut some 10% of its staff.  Citi ... Read more..

China’s Gasoline Price Hike

Friday, June 20th, 2008 Posted in Uncategorized | No Comments »

An 18% jump in China's state-controlled fuel prices will affect its consumers at gas stations and grocery stores, but some analysts say the hike is unlikely to make much of a dent ... Read more..

Gasoline Demand Reaches Peak

Thursday, June 19th, 2008 Posted in Uncategorized | No Comments »

Gasoline demand in the United States may have reached its peak, as rising prices lead consumers to make long-term decisions that will weaken demand in the years to come, according ... Read more..

Speculator restrictions

Wednesday, June 18th, 2008 Posted in Uncategorized | No Comments »

Federal regulators plan to place stricter limits on foreign exchanges that trade U.S. oil, due to concerns about speculation in rising fuel prices. The Commodity Futures Trading Commission said it will ... Read more..

Interest Rate Hikes Ahead

Tuesday, June 17th, 2008 Posted in Uncategorized | No Comments »

Finacial markets are anticipating the Federal Reserve to increase interest rates soon, according to today's news reports. Last week, markets reflected an expectation of just one rate hike, but now there ... Read more..