S Korea unveils power mix plan for 2030 focused on renewables, LNG
South Korea aims to boost the portion of LNG in its electricity generation mix to 18.8% in 2030 from an estimated 16.9% this year as part of efforts to reduce Continue Reading
AAA wonders if premium gasoline is worth it
The benefit from using a premium blend of gasoline in a vehicle that doesn’t require it may not be worth the extra cost for some U.S. drivers, motor club AAA Continue Reading
Florida senator moves ahead of White House on offshore drilling plans
Moving ahead of the word of a U.S. offshore drilling program for the Atlantic, a Florida Democrat called on his colleagues to pass legislation to block access. U.S. Sen. Bill Continue Reading
Summary of Weekly Petroleum Data for the Week Ending December 8, 2017
U.S. crude oil refinery inputs averaged about 17.0 million barrels per day during the week ending December 8, 2017, 243,000 barrels per day less than the previous week’s average. Refineries Continue Reading
Regulated Utilities Could See Big Changes
Intuitively, business people grasp the idea of tangible expenses such as salaries, rent, and interest expense. But publicly held businesses also raise money in the equity markets. And here, as Continue Reading
Rising U.S. output threatens global oil market balance in 2018
The global oil market will likely show a surplus in the first half of 2018, as rising U.S. supply offsets OPEC’s discipline in maintaining its production cuts for the whole Continue Reading
U.S. solar installations to fall more than expected in 2017
U.S. solar installations will fall more than expected this year, according to an industry report released on Thursday, due to weakened demand for residential systems and delays on large projects Continue Reading
Investors pour cash into U.S. shale despite questions on returns
Financiers keep pouring cash into the shale oil sector, providing producers with a path to keep U.S. output rising through the middle of the next decade. The United States is Continue Reading
The ‘Unknown Unknowns’ That Threaten U.S. Shale
Three years after the oil price crash, the U.S. shale patch is on its second growth phase and is expected to continue to increase its production, at least through the Continue Reading
Will Oil Producers Do As They Say Or Do As They Sell?
North America’s oil producers have adopted a meek tone of late. But the numbers suggest they’re locked and loaded heading into 2018. North America’s oil producers have adopted a meek Continue Reading