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Month: July 2018

Category:
  • USA

Air conditioning accounts for about 12% of U.S. home energy expenditures

Source: U.S. Energy Information Administration, 2015 Residential Energy Consumption Survey Note: Climate regions based on Department of Energy Building America climate regions . Air-conditioning equipment is used in 87% of Continue Reading

Posted On : 24 Jul 2018 Published By : Tom Whipple
Category:
  • OPEC
  • USA

Anti-OPEC Bill Could Be A Game-Changer For Oil Markets

In its effort to wrest more control over global oil markets away from foreign producers, Congress has been pushing a bill that would let the U.S. sue OPEC for oil Continue Reading

Posted On : 24 Jul 2018 Published By : Tom Whipple
Category:
  • Natural Gas Supply
  • Prices
  • USA

NYMEX August gas settles 3.6 cents lower, strong production outweighs power burn

 NYMEX August natural gas futures fell 3.6 cents Monday to settle at $2.721/MMBtu as dry gas production outpaced the high power burn totals seen of late. Receive daily email alerts, Continue Reading

Posted On : 24 Jul 2018 Published By : Tom Whipple
Category:
  • USA

New bill for carbon tax would eliminate US gasoline tax

A Republican congressman Monday introduced a new carbon-tax proposal which would repeal the federal gasoline tax, causing a slight increase in gasoline prices, but having no forecast impact on crude Continue Reading

Posted On : 24 Jul 2018 Published By : Tom Whipple
Category:
  • Canada
  • Electric Cars

Volkswagen Group Canada forms Electrify Canada to install network of ultra-fast electric vehicle chargers

Volkswagen Group Canada has formed Electrify Canada, a new company that will build an ultra-fast electric vehicle (EV) direct current (DC) charging network across Canada. Volkswagen expects the network to Continue Reading

Posted On : 24 Jul 2018 Published By : Tom Whipple
Category:
  • Shale Oil

Halliburton Sees Moderate Permian Growth On Pipeline Worries

Shares of oilfield services provider Halliburton fell by more than 8 percent on Monday after the company warned of moderate growth in the oil and gas-rich Permian Basin and lower Continue Reading

Posted On : 24 Jul 2018 Published By : Tom Whipple
Category:
  • Shale Oil

Oil Majors Quizzed on Near-Term Permian Hiring Plans

Rigzone asks several oil and gas majors about their hiring plans in the Permian basin in the near future. Royal Dutch Shell plc expects to be in “growth mode” in Continue Reading

Posted On : 24 Jul 2018 Published By : Tom Whipple
Category:
  • Climate

Fossil Fuel Industry Spent Nearly $2 billion to Kill U.S. Climate Action, New Study Finds

Legislation to address climate change has repeatedly died in Congress. But a major new study says the policy deaths were not from natural causes — they were caused by humans, Continue Reading

Posted On : 24 Jul 2018 Published By : Tom Whipple
Category:
  • Oil Supply
  • USA

Should Oil Be Released From The SPR?

The Strategic Petroleum Reserve is many things to different people. To some, it’s an insurance policy. To others, a costly white elephant. Still others think of it as a shiny Continue Reading

Posted On : 24 Jul 2018 Published By : Tom Whipple
Category:
  • Shale Oil

Halliburton shares plunge on Permian growth worries

(Reuters) – Shares of oilfield services provider Halliburton fell by more than 8 percent on Monday after the company warned of moderate growth in the oil and gas-rich Permian Basin Continue Reading

Posted On : 24 Jul 2018 Published By : Tom Whipple

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