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Month: May 2018

Category:
  • Vietnam

Drilling down: Risky hunt for oil in Vietnam’s South China Sea blocks

Some oil blocks off Vietnam’s sprawling coastline fall within an area of the South China Sea demarcated by China’s “nine-dash line”, the basis for Beijing’s controversial claims to most of Continue Reading

Posted On : 23 May 2018 Published By : Tom Whipple
Category:
  • Australia
  • Climate

In the black: Asian flour mills turn to Black Sea region for wheat

Asian flour millers are set to buy record volumes of wheat from Black Sea producers in 2018 as traditional supplier Australia faces a second year of drought and as demand Continue Reading

Posted On : 23 May 2018 Published By : Tom Whipple
Category:
  • Shale Oil

Rapid shale oil supply likely to disappoint in coming years: oil industry veteran

US oil production from shale and unconventional sources will grow in the future, but the rate will likely be less than most widely accepted sources currently predict, a well-respected industry Continue Reading

Posted On : 23 May 2018 Published By : Tom Whipple
Category:
  • Shale Oil

The Shale Oil Ponzi Scheme Exposed

Few Americans realize that the U.S. economy is being propped up by the Shale Oil Industry. However, the shale oil industry is nothing more than a Ponzi Scheme, so when Continue Reading

Posted On : 23 May 2018 Published By : Tom Whipple
Category:
  • Shale Oil

This Federal Policy Enabled the Fracking Industry’s $280 Billion Loss

Most people probably aren’t familiar with the acronym ZIRP. It stands for zero interest rate policy and is the policy that unintentionally created the American fracking bubble — just one Continue Reading

Posted On : 23 May 2018 Published By : Tom Whipple
Category:
  • LNG

Cheniere Moves Ahead With Corpus Christi LNG Expansion

Cheniere Energy Inc said on Tuesday it had approved the construction of a third liquefaction unit, known as a train, at its Corpus Christi export terminal in Texas, the first Continue Reading

Posted On : 23 May 2018 Published By : Tom Whipple
Category:
  • United Kingdom

UK government launches new clean air strategy; ending sales of conventional diesel and gasoline LDVs by 2040

UK Environment Secretary Michael Gove published a new Clean Air Strategy to cut air pollution backed up through new primary legislation. The UK said it will go further and faster Continue Reading

Posted On : 23 May 2018 Published By : Tom Whipple
Category:
  • Electric Cars

US EV market share remains low, but proponents say sales growth is strong

The US Energy Information Administration on Tuesday said US electric vehicle sales have been sluggish, but EV proponents contend the EIA’s focus on market share misses the more important EV Continue Reading

Posted On : 23 May 2018 Published By : Tom Whipple
Category:
  • Canada
  • Oil Supply

First import of Western Canadian crude since Aug 2015 arrives: In the LOOP

The Louisiana Offshore Oil Port last week received a cargo of Western Canadian crude, the heavy sour grade Access Western Blend, which appears to be the oil terminal’s first import Continue Reading

Posted On : 23 May 2018 Published By : Tom Whipple
Category:
  • Prices
  • USA

Gas prices could be impacting U.S. travel plans

Gas prices this coming Memorial Day weekend will be the highest in four years and likely start to dent the summer travel season, industry experts said. Motor club AAA reported Continue Reading

Posted On : 23 May 2018 Published By : Tom Whipple

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