Goldman Blames Canada For WTI Price Spike
While all eyes watched the OPEC saga last week, there was an outage in Canada’s oil sands that will cut production at least through July, supporting the U.S. benchmark prices, Continue Reading
Do Tesla’s Produce As Much CO2 As Gasoline Powered Cars?
Teslas may not be any greener than their gasoline counterparts, research from UK-based climate data provider Engaged Tracking has suggested, based on data about the CO2 emissions linked to the Continue Reading
NYMEX July gas settles at $2.923/MMBtu, down 2.2 cents, on strong output
The NYMEX July natural gas futures contract weakened Monday, as US dry gas production continued to tick higher over the weekend, reaching a record high of 79.8 Bcf Sunday. The Continue Reading
Oil-Sands Outage Upends Global Oil Market, Overshadows OPEC
(Bloomberg) — The shutdown of a key oil-sands facility in Canada is flipping the global oil market on its head and slamming shares of producers that depend on the plant. Continue Reading
Nuclear Power Won’t Survive Without A Government Handout
Once upon a time , if you were an American who didn’t like nuclear energy, you had to stage sit-ins and marches and chain yourself to various inanimate objects in Continue Reading
Rising Oil Prices Pump Up Prospects for Permian Basin Towns
“The money’s here,” says Don Bryant, who was born in Hobbs 53 years ago and owns a company that makes tools to repair oil wells. He thought about uprooting for Continue Reading
Federal Judge Dismisses Cities’ Suit Against Oil Companies Over Costs of Climate Change
Students in San Francisco rallied for clean energy outside City Hall in February. A federal judge on Monday threw out a closely watched lawsuit brought by two California cities against Continue Reading
Gasoline Price Set To Soar Despite OPEC+ Deal
Nearly everyone expected the OPEC+ decision to start raising oil production on Friday, with U.S. drivers excited to get some relief from high gas prices at the start of driving Continue Reading
Russian, U.S. energy leaders to meet
Energy department heads from two of the world’s leading natural gas producers, Russia and the United States, meet this week in Washington, the Kremlin said. Washington host’s this year’s World Continue Reading
Russia sees oil leverage with Saudi partnership
The head of Russia’s sovereign wealth fund said cooperating with Saudi Arabian Oil Minister Khalid al-Falih has been fruitful. File Photo by Lisi Niesner/EPA June 25 (UPI) — The head Continue Reading