U.S. Energy Secretary Rick Perry at a clean energy conference in Beijing in June. Energy Secretary Rick Perry faces stepped-up pressure from environmental groups over a power grid study that Continue Reading
With more than 10 percent of the new wells drilled in U.S. shale basins, Oklahoma has earned a place in new monthly data reporting, the government said. The U.S. Energy Continue Reading
The U.S. Environmental Protection Agency used too strict of a test when it wrongfully denied Sinclair Oil’s request for an exemption from the country’s biofuel regulations, a U.S. appeals court Continue Reading
Following my previous article — Peak Demand? No, A New Gasoline Demand Record — I received some interesting feedback from readers. It quickly became apparent that some didn’t understand that Continue Reading
Falling interest rates have huge power. My background is as an actuary, so I am very much aware of the great power of interest rates. But a lot of people Continue Reading
Oil prices steadied in early Asian trade on Tuesday after sharp falls the session before to the lowest in about three weeks as a stronger U.S. dollar and a drop Continue Reading
The Zueitina oil terminal in Libya has ceased loading cargos as port workers protest, demanding better working conditions, Bloomberg quoted the head of the workers’ union Merhi Abridan as saying. Continue Reading
Slowly but surely, what we have claimed for the past year – that it is the demand side of the oil equation, not the supply, and especially the “Chinese wildcard” Continue Reading
Crude oil prices edged lower early Monday on signals of declining volatility and reports of a stronger position from OPEC-member Libya. Sandy Fielden, the director of research, commodities and energy Continue Reading
WTI net-long position little changed, CFTC report shows Money managers raise bullish stance on gasoline, diesel Oil hasn’t been so tedious in a long time, and hedge funds just don’t Continue Reading
