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Month: April 2018

Category:
  • China
  • USA

US, China trade dispute introducing ‘downward risk’ to oil demand forecasts: IEA

Global oil stocks could be just weeks away from returning to their five-year average levels, the key metric to gauge the success of OPEC-led output cuts, as global demand growth Continue Reading

Posted On : 13 Apr 2018 Published By : Tom Whipple
Category:
  • Biofuels

Trump says he will probably allow E15 gasoline sales all year

U.S. President Donald Trump said on Thursday his administration may allow the sale of gasoline containing 15 percent ethanol year-round, something that could help farmers by bolstering corn demand.  The Continue Reading

Posted On : 13 Apr 2018 Published By : Tom Whipple
Category:
  • Environment

Advocacy group raises California oil and gas alarm

 While issuing a call to the governor to halt new oil and gas projects, an environmental advocacy group said companies in California repeatedly broke state laws. In its review of Continue Reading

Posted On : 13 Apr 2018 Published By : Tom Whipple
Category:
  • Shale Oil

Fewer employees needed to produce oil in Texas

Texas crude oil and natural gas production is accelerating along with higher commodity prices, but payroll numbers are lower, a trade group reported. The Texas Alliance of Energy Producers estimated Continue Reading

Posted On : 13 Apr 2018 Published By : Tom Whipple
Category:
  • Prices
  • USA

Summer gasoline prices expected to be highest in four years

Source: U.S. Energy Information Administration, Short-Term Energy Outlook EIA forecasts that drivers in the United States will pay an average of $2.74 per gallon (gal) this summer for regular gasoline, Continue Reading

Posted On : 13 Apr 2018 Published By : Tom Whipple
Category:
  • Shale Oil

Shale oil and gas infrastructure bubble goes flat

The US government is frequently caricatured as a tool of rich people. Look closely, though, and the rich sometimes have their money consumed in ways that serve the state. These Continue Reading

Posted On : 13 Apr 2018 Published By : Tom Whipple
Category:
  • Environment

An Eye in the Sky Could Detect Planet-Warming Plumes on the Ground

The Environmental Defense Fund is planning to build and launch a satellite that would look for industrial methane leaks. The launch is planned for late 2020 or early 2021. Tom Continue Reading

Posted On : 13 Apr 2018 Published By : Tom Whipple
Category:
  • Energy Storage

The Supersized Future Of Energy Storage

In the battery industry, records seem set to be broken almost as soon as they are hit. This is what may be about to happen with the largest battery storage Continue Reading

Posted On : 13 Apr 2018 Published By : Tom Whipple
Category:
  • International Oil Companies

Shell envisions long road to low carbon future

A transition to a cleaner economy is underway as evidenced by a rate of decline in global oil demand, but it’s a long journey, Royal Dutch Shell said Thursday. The Continue Reading

Posted On : 13 Apr 2018 Published By : Tom Whipple
Category:
  • United Kingdom

UK renewables power output hits record 25.0 TWh in Q1

UK renewables power output in the first quarter was a record 25.0 TWh, thanks to a strong performance by wind, data from EnAppSys showed Thursday. “The strong performance of wind Continue Reading

Posted On : 13 Apr 2018 Published By : Tom Whipple

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