Stray Parts from the Busted Well Impede the Final Stages of the Bottom Kill

It has been three weeks since BP placed a cap on the blown well in the Gulf of Mexico, and the company’s crews are now scouting the sunken rig for stray pieces of the busted drill pipe. The key to the blown well was found to be the well’s emergency control device called the blowout preventer, and the...

Investec reports suggest an expected increase unraveling over the coming months in energy stocks

Investec has reported that better and more impressive evaluations of resource equities may spell a positive turn in energy stock positions, marking an estimated half year- rise that will finally snap the stocks out of a recession- laden downturn. Resource equities ended a two month- long drop with an...

Energy Stock Report – Losses Continue to Pile Up

Energy stocks opened this week in the negative, continuing the trend of losses that have spanned the last two weeks.  Closing Monday evening even lower than before, the energy stocks are really feeling the pressure of low crude oil prices.  The New York Stock Exchange (NYSE) Arca Oil Index fell 0.2%,...

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