Coal Is Losing Ground Despite Trump’s Promises
Say what you will about Donald Trump, but he has been keeping his promises. He promised to revive the fossil fuel industry and he has been doing his best—as he Continue Reading
Energy Storage Gains Washington’s Support
When Secretary of Energy Rick Perry announced US$30 million in funding for energy storage projects at the beginning of this month, he drew praise from renewable energy-focused media as the Continue Reading
ETP Plans 600,000 Bpd Oil Pipeline From Permian To Texas Coast
Energy Transfer Partners said on Thursday it plans to build a crude pipeline from the Permian basin in Texas to the Houston Ship Channel and Nederland, Texas, which will have Continue Reading
Permian Bottleneck Provides Huge Opportunity For Oil Traders
Oil production in the fastest-growing U.S. shale play, the Permian, continues to boom, while takeaway capacity has not kept up. Pipeline availability issues have led to a major discount on Continue Reading
MCI J4500e electric coach prototype reaches highway speed and reliability targets in test runs; on sale in 2020
Motor Coach Industries (MCI), the US subsidiary of New Flyer Industries Inc. (NFI Group), the largest transit bus and motor coach manufacturer and parts distributor in North America, announced that Continue Reading
Oil set for biggest weekly rise in a month as Iran sanctions loom
The oil price rose on Thursday and was set for its largest weekly increase in a month, as the market prepared for potential disruption to crude flows from major exporter Continue Reading
Goldman: Oil Prices To Hit $82.50 By The Summer
Increased geopolitical tensions in the Middle East, plunging Venezuelan production, and now the U.S. withdrawal from the Iran nuclear deal could push Brent Crude prices to $82.50 a barrel by Continue Reading
Oil jumps 3 percent after U.S. quits Iran deal, U.S. stock drawdown
Oil prices rose about 3 percent on Wednesday and hit fresh 3-1/2 year highs after a bigger-than-expected drawdown in U.S. oil inventories extended gains from the United States’ decision to Continue Reading
Oil market points to ‘tighter for longer’ as Trump ditches Iran deal
Oil shot to nearly $80 a barrel this week after U.S. President Donald Trump walked away from the Iran nuclear deal and the futures market structure shows investors are preparing Continue Reading
U.S. Pullout From Iran Nuclear Deal May Unsettle Oil Markets
President Trump’s decision to withdraw from the Iran nuclear deal has so far had no more than a muted effect on oil and gasoline prices. But that could easily change. Continue Reading