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Month: September 2017

Category:
  • Electric Cars

New York plug-in car sales up 74% April-June with introduction of rebate

New York Governor Andrew M. Cuomo announced that the state has seen a 74% increase in electric car sales over the same time period last year, resulting from the Drive Continue Reading

Posted On : 30 Sep 2017 Published By : Tom Whipple
Category:
  • Biofuels
  • USA

Trump Told Iowa He’d Save Ethanol. His EPA Chief Has Other Ideas

As he sought votes during last year’s Iowa caucuses, candidate Donald Trump courted farmers with praise for ethanol and promises that he would boost the home-grown fuel. Now those farmers Continue Reading

Posted On : 30 Sep 2017 Published By : Tom Whipple
Category:
  • Coal
  • Nuclear

Kemp: Perry Puts Thumb on the Scale to Save US Coal and Nuclear

 The U.S. Department of Energy has thrown a lifeline to the struggling U.S. coal and nuclear industries by proposing a new rule that would explicitly compensate them for contributing to Continue Reading

Posted On : 30 Sep 2017 Published By : Tom Whipple
Category:
  • Shale Oil

Investors Push U.S. Shale Firms to Separate Executive Pay from Drilling

Activist investors are taking aim at U.S. shale producers, pushing them to stop rewarding executives for spending billions of dollars on new wells when crude prices are depressed. HOUSTON, Sept Continue Reading

Posted On : 30 Sep 2017 Published By : Tom Whipple
Category:
  • Canada
  • Tar Sands

The oilsands at 50: How much life is left in the resource?

On Sept. 30, 1967, the Great Canadian Oil Sands facility opened north of Fort McMurray, Alta., with much fanfare, bunting and speeches by politicians. It was the first large-scale commercial Continue Reading

Posted On : 30 Sep 2017 Published By : Tom Whipple
Category:
  • OPEC
  • Russia

Summer best time to back out of OPEC deal, Russia says

It’s best to draw out of the OPEC-led effort to balance the market with production cuts during the summer when demand is high, Russia’s energy minister said. Russia is a Continue Reading

Posted On : 30 Sep 2017 Published By : Tom Whipple
Category:
  • Germany
  • Russia

Russia’s Rosneft Elects German Ex-chancellor Schroeder as Chairman

Former German Chancellor Gerhard Schroeder faced further criticism at home after he was elected as chairman of Russia’s biggest oil producer Rosneft on Friday. Schroeder, a Social Democrat who led Continue Reading

Posted On : 30 Sep 2017 Published By : Tom Whipple
Category:
  • Europe

As Diesel Goes From ‘Darling to Devil,’ European Refiners Try Not to Drown in It

Europe’s big oil refiners are searching for other uses for roughly $10 billion of investments in diesel as they anticipate falling demand for what was once European drivers’ favorite fuel. Continue Reading

Posted On : 30 Sep 2017 Published By : Tom Whipple
Category:
  • Prices

Bullish oil streak propels Brent to strongest third-quarter in 13 years

Oil edged higher on Friday as tensions around Iraqi Kurdistan threatened the region’s crude supplies, helping Brent prices to their strongest third-quarter performance since 2004. Global benchmark Brent crude LCOc1 Continue Reading

Posted On : 29 Sep 2017 Published By : Tom Whipple
Category:
  • Prices

NYMEX November gas dips 4.4 cents on ‘lackluster’ market after EIA data

NYMEX November natural gas futures settled at $3.017/MMBtu, down 4.4 cents, as a lackluster market put pressure on the contract despite a lower-than-expected storage build from the US Energy Information Continue Reading

Posted On : 29 Sep 2017 Published By : Tom Whipple

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