City of Industry, CA --(www.USEquityNews.com)-- 11/08/2007 - Energy industry alert provided by U.S. Equity News. Holloman Energy Corp (OTCBB: HENC) has been rated Speculative Buy with a price target of $2.00 by Beacon Equity Research Analyst, Lsa Springer, CFA. The full report is available at http://www.BeaconEquityResearch.com. Anyone interested in receiving alerts regarding Holloman Energy Corp. research should email members@beaconequityresearch.com with “HENC” in the subject line. For the full StocksJournal CFA report, please visit, http://www.stocksjournal.com

French oil and gas giant Total (NYSE: TOT) said recently that its third-quarter net income rose 29% to 3.12 billion euros as sales for the period rose 3% to 39.43 billion euros. Adjusted net income slipped 3% to 3 billion euros. Total said the environment in the third quarter was mixed compared to a year ago, with a roughly 7% rise in oil prices balanced by a similar fall in the dollar against the euro.

Surging oil prices haven't impacted demand for auto fuel globally, and refining margins will likely grow in the coming quarters compared with the third quarter, a senior official with Chevron Corp. (NYSE: CVX) said recently. Global demand for auto fuel remains strong and in line with economic growth, particularly in the United States and India, Ashok S. Krishna, Chevron's vice president of technology for global downstream, said on the sidelines of an energy conference. Oil prices may have reached a "high point" and will likely "come back down to $80 or so" in the first quarter of next year, he said.

Continued economic and population growth, along with the pursuit of better living standards in the developing world, will be the key drivers of global energy demand over the next 20 years, according to a new Exxon Mobil Corp. (NYSE: XOM) study. Exxon said its "Outlook for Energy: A View to 2030" also predicts that overall annual energy demand growth will average 1.3 percent per year from 2005 to 2030, including a 2 percent increase in the developing world. In addition, hydrocarbons will continue to account for about 80 percent of energy demand through 2030, with oil and gas accounting for about 60 percent.

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