At least one company began evacuating non-essential personnel after a powerful 7.5 magnitude earthquake hit Papua New Guinea’s energy-rich interior on Monday, causing landslides, damaging buildings and closing oil and Continue Reading
After the non-starter EV revolution of the late nineties was crushed by its own architects , hybrids came along to give us a halfway house toward the end of vehicular Continue Reading
China’s crude oil imports from the US hit a new record high at 2.01 million mt or 474,450 b/d in January, General Administration of Customs data showed Monday. The volume Continue Reading
Electric cars won’t tax grid if they charge at off-peak times Adding EVs to peak power demand reduces environmental benefits It’ll take more than just driving an electric vehicle to Continue Reading
The drive for cost cuts and higher margins at U.S. trucking and railroad operators is pinching their biggest customers, forcing the likes of General Mills Inc and Hormel Foods Corp Continue Reading
Oil prices jumped on Thursday after the EIA reported a surprise drawdown in crude oil inventories, ending several consecutive weeks of inventory builds. The report was the most bullish in Continue Reading
A rising interest rate cycle. A trend that has only been accentuated by the Federal Reserve’s aggressive plans to accelerate interest rate hikes and ongoing concerns over an impending major Continue Reading
Stanford professor Mark Jacobson and his colleagues have written yet another paper purporting to show that 100 percent of energy demand can be fulfilled by wind, solar, and hydroelectric generation. Continue Reading
It was a bumpy week for crude benchmarks, although WTI and Brent jumped sharply on Thursday after the EIA reported a surprise drawdown in crude oil stocks. U.S. oil production Continue Reading
Oil prices rose more than 1 percent on Friday, supported by a dip in Libyan production and upbeat comments from Saudi Arabia that an OPEC-led effort to erode stockpiles is Continue Reading
