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| January 22, 2018

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Energy Archives -

Stocks are weighed down by industrial and energy shares

January 18, 2018 |

Declines by Boeing, General Electric and other big industrial companies weighed on U.S. stocks Thursday, pulling the major U.S. indexes down from the record highs they set the day before.

Energy stocks contributed to the modest decline following a slide in crude oil prices. Technology companies…

L.A. Times – Business

Energy Stocks Lead US Indexes Higher

January 12, 2018 |

Stocks closed Thursday at more all-time highs as energy companies led the way, the AP reports. The price of crude oil rose again and is the highest it’s been since 2014. Chevron climbed 3% and Exxon Mobil rose 1%. Trading was calmer following a wobble the day before, when a…

U.S. Steelmakers Raise Their Bets on Energy, Construction

December 30, 2017 |

Steelmakers are betting on the U.S. again, building mills they hope will help them compete against cheap imports as demand rises. Others see expansion as a risky bet. US Business

Energy Stocks, Banks Lead Indexes Higher

December 22, 2017 |

Stocks closed broadly higher Thursday on Wall Street, erasing modest losses from a day earlier, the AP reports. Energy stocks and banks accounted for most of the gains. Goldman Sachs gained 2.3% and Chevron climbed 3.3%. Retailers also rose. Technology stocks lagged the most.

Energy Slump Pulls Stock Market Lower

December 7, 2017 |

Stocks closed mostly lower after an up-and-down day of trading as energy companies and retailers dragged the market down, the AP reports. A steep drop in the price of oil Wednesday pulled the energy sector lower. Devon Energy slumped 3.9%. Benchmark US crude fell 2.9%. Home improvement retailers…

Sinking energy stocks pull S&P 500 to fourth straight loss

December 6, 2017 |

U.S. stocks took another small step backward on Wednesday after a plunge in the price of oil dragged down shares of energy producers. The losses overshadowed gains for technology companies and other areas of the market.

The Standard & Poor’s 500 index dipped by a fraction of a point, down 0.30…

L.A. Times – Business

More stock records as technology and energy companies rise

November 25, 2017 |

U.S. stocks set more records in quiet post-holiday trading Friday as technology companies again did much of the heavy lifting. Energy companies rose with the price of oil.

Macy’s and some of its retail counterparts rose after the department store’s CEO said Black Friday sales were going well. Online…

L.A. Times – Business

Embattled former PUC chief Peevey resurfaces with a green energy book

November 21, 2017 |

Former California Public Utilities Commission President Michael Peevey talks about his new green energy book, his first public statement since the state began investigating whether he improperly influenced what consumers would pay for the San Onofre nuclear power plant shutdown.
L.A. Times – Business

Slumping Energy Sector Pulls Stocks Lower

November 15, 2017 |

Slumping energy stocks pulled the broader market slightly lower Tuesday, erasing small gains from the day before, the AP reports. A sharp drop in crude oil prices Tuesday weighed down the energy sector. Range Resources dropped 6.6% and Newfield Exploration gave up 7.1%. Disappointing results or outlooks from…

7 Best, Worst States on Energy Efficiency

October 17, 2017 |

Not all states are created equal when it comes to energy efficiency. WalletHub has a new ranking that crunches data in two broad categories—home energy efficiency and auto energy efficiency—to figure out the best and worst overall. As it turns out, the results put New York at the…