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1 HOUR AGO - Zero Hedge

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Houston, We Have A "Fracking" Problem

Submitted by Lance Roberts of STA Wealth Management, Last week, I touched on the issue of oil prices and demand stating: "First, the development of the “shale oil” production over the last five years has caused oil inventories to surge at a time when demand for petroleum products is on the decline as shown below." "The obvious ramification of this ...

Tags: Houston, We Have A "Fracking" Problem,  Petroleum Latest News

3 HOURS AGO - TheStreet

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Stock Market Today: Broader Markets Rise but Dow Slips on IBM Miss

NEW YORK (TheStreet) -- For the first time in weeks, corporate news,ainstead of changing global economic growth forecasts and resulting commodity and bond market volatility, was driving the stock markets. IBM carried the Dow Jones Industrial Average lower, after the company said it would pay $1.5 billion to divest its semiconductor business, creating a $4.7 billion earnings charge, and reported ...

Tags: Stock Market Today: Broader Markets Rise but Dow Slips on IBM Miss,  Petroleum Latest News

5 HOURS AGO - TheStreet

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Stock Market Today: Corporate News Drives Stocks, Dow Falls

NEW YORK (TheStreet) -- For the first time in weeks, corporate news,ainstead of changing global economic growth forecasts and resulting commodity and bond market volatility, was driving the stock markets. IBM carried the Dow Jones Industrial Average lower, after the company said it would pay $1.5 billion to divest its semiconductor business, creating a $4.7 billion earnings charge, and reported ...

Tags: Stock Market Today: Corporate News Drives Stocks, Dow Falls,  Petroleum Latest News

OCT 17, 2014 - TheStreet

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Dan Dicker: I am Not Ready to Throw in the Towel on Oil

(Editor's Note: This article was originally published on Real Moneyaon Oct. 16, 2:00 p.m.) The oil market is in free fall. The stock market is in free fall. You're taking losses, big losses, in stocks that you bought -- not at the top of the market where valuations were high -- but at areas you thought were terrific long-term propositions. ...

Tags: Dan Dicker: I am Not Ready to Throw in the Towel on Oil,  Petroleum Latest News

OCT 17, 2014 - New York Times

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Biofuel Companies Look Beyond the Gas Tank

Many of the companies opening big new biofuel plants in the Midwest are shifting their focus to replacing petroleum in other products, like plastic bottles.

Tags: Biofuel Companies Look Beyond the Gas Tank,  Petroleum Latest News