Gallon of gas jumps to $3.76: survey

The average price for a gallon of gasoline in the United States has moved closer to $4, jumping more than 19 cents since mid-March to a level less than 10 percent below its all-time high, a widely followed survey said on Sunday. The Lundberg Survey said the national average price of self-serve, regular unleaded gas was $3.765 on Friday, up from $3.573... 

Hagens Berman LLP Continues to Investigate Hercules Offshore Inc. After SEC Probe Announcement

Hagens Berman LLP, an investor-rights law firm, is continuing to investigate Hercules Offshore to determine if the company violated securities laws. The investigation began after the announcement of a Securities and Exchange Commission (SEC) and Department of Justice investigation of certain of the company’s activities. Hagens Berman partner Reed... 

Samson Oil & Gas Advises on Close of Sale of Gas Assets and Earl #1-13H Well

Samson Oil & Gas Limited advises that it has closed its previously announced sale of gas assets in the Jonah and Lookout Wash Fields in Green River Basin, Wyoming for $6.3 million to a group of private buyers, with an effective date of January 1, 2011. Samson’s cash balance following this transaction stands at US$73.3 million. Samson has also... 

Gas Supply to Israel Continues

Ampal-American Israel Corporation, a holding company in the business of acquiring and managing interests in various businesses, announced today that it was advised by East Mediterranean Gas Co. (“EMG”), in which Ampal has a 12.5% interest, that this morning an explosive device was placed at a GASCO (the Egyptian gas transport company) location... 

U.S. gasoline prices rise to $3.57/gallon: survey

Gasoline prices in the United States rose 6.65 cents per gallon over a two-week period, carried by the rise in crude oil prices stemming from the turmoil in Libya, an industry analyst said. The national average for a gallon of self-serve, regular gasoline was $3.57 on March 18, according to the Lundberg Survey of about 2,500 gas stations. The 6.65-cent... 

Obama’s Visit to Brazil Yields ‘Encouraging’ Renewable Fuels Cooperation, According to Brazilian Sugarcane Industry Association

Two important announcements involving renewable energy made on the opening day of U.S. President Barack Obama’s official visit to Brazil, both directly relevant to Brazil’s successful sugarcane ethanol industry, are encouraging signs that Brazil and the U.S. are on a path to achieve free, unobstructed trade for clean, renewable biofuels.... 

Park Avenue® Windows Sponsoring Energy-Efficient Windows Sweepstakes in 2011

Park Avenue Windows®, an exclusive line of triple pane vinyl replacement windows and patio doors is sponsoring an Energy-Efficient Windows Sweepstakes in 2011. Park Avenue Windows will draw one grand prize winner who will win up to $10,000 worth of ENERGY STAR® qualified Park Avenue® Windows. This exclusive window system features the E3-MAX® triple... 

Offshore Finds Are Transforming Africa Into a Major Oil Producing Region

MarketResearch.com has announced the addition of GBI Research’s new report “Oil Market in Africa to 2015 – Offshore Finds Transforming Africa into a Major Oil Producing Region,” to their collection of Oilfield Equipment & Services market reports. For more information, visit http://www.marketresearch.com/product/display.asp?ProductID=6164897... 

Wall Street up on energy shares after Japan quake

Stocks rose on Friday, led by gains in energy shares after Japan’s biggest earthquake on record hurt the country’s oil refining capacity, but trade was choppy as investors tried to weigh the quake’s economic impact. The 8.9 magnitude quake that struck the northeast coast of Japan, the world’s third largest economy, triggered... 

Analysis: Stocks-oil relation looks as it did in 2008 recession

The trading pattern of the prices of stocks and crude oil looks worryingly like it did just before the last recession. Oil and equity prices rise and fall more or less in tandem when demand and economic growth expectations dictate prices. But the short-term relationship has been turned on its head in recent weeks with investors worried that political...