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Month: January 2019

Category:
  • Prices
  • USA

U.S. fuel prices fall as demand hits 22-month low

Gasoline prices in the United States have now fallen for 12 straight weeks, with the national average as of Monday at $2.24 per gallon, alongside reports indicating the weakest demand Continue Reading

Posted On : 9 Jan 2019 Published By : Tom Whipple
Category:
  • exports
  • USA

U.S. Army Joins Race To Expand U.S. Oil Exports

The news that the U.S. Army Corps of Engineers has placed a US$93-million order with Great Lakes Dredge & Dock Company for the deepening and widening of its ship channel Continue Reading

Posted On : 9 Jan 2019 Published By : Tom Whipple
Category:
  • China
  • USA

American Petroleum Institute urges White House to end China trade war, steel tariffs

US steel tariffs, the trade war with China and a prolonged federal government shutdown could each threaten to slow the growth of the US oil and natural gas industry, the Continue Reading

Posted On : 9 Jan 2019 Published By : Tom Whipple
Category:
  • Congress

House Democrats introduce bills banning oil, gas leasing in nearly all federal waters

Democrats in the House of Representatives introduced Tuesday seven separate bills aimed at blocking oil and natural gas drilling in nearly all federal waters. Receive daily email alerts, subscriber notes Continue Reading

Posted On : 9 Jan 2019 Published By : Tom Whipple
Category:
  • exports
  • USA

U.S. oil exports to Asia set to rise in second-quarter as freight costs fall

U.S. crude oil exports to Asia are set to rise in the second quarter as sellers cut prices following sharp drops in freight rates and expected weaker demand in the Continue Reading

Posted On : 9 Jan 2019 Published By : Tom Whipple
Category:
  • Canada

Is This The Answer To Canada’s Oil Crisis?

While even the most likely new pipeline to ship more of Alberta’s crude oil to refining and export markets—Enbridge’s Line 3 replacement—is nearly a year away at the earliest, the Continue Reading

Posted On : 9 Jan 2019 Published By : Tom Whipple
Category:
  • Shale Oil

Problems for US Producers at $50

U.S. producers can’t generate cashflow and production growth at $50 per barrel oil, according to Energy Aspects. U.S. producers can’t generate cashflow and production growth at $50 per barrel oil. Continue Reading

Posted On : 9 Jan 2019 Published By : Tom Whipple
Category:
  • Offshore

BP Okays $1.3B Expansion in Gulf of Mexico

The supermajor has given the greenlight to the Atlantis Phase 3 development, which is expected to boost production by 38,000 boepd. BP has approved a $1.3 billion expansion for the Continue Reading

Posted On : 9 Jan 2019 Published By : Tom Whipple
Category:
  • Electric Planes

Rolls-Royce Aims For Electric Aircraft Speed Record

Last week Rolls-Royce revealed plans to build a 300-mile-per-hour, 500-horsepower, all-electric aircraft capable of flying from London to Paris on a single charge. The Accel relies on the most energy-dense Continue Reading

Posted On : 9 Jan 2019 Published By : Tom Whipple
Category:
  • Hydrogen

Alstom and Eversholt Rail unveil a new hydrogen train design for the UK

Alstom and Eversholt Rail have unveiled the design of a new hydrogen train for the UK market. The train, codenamed Breeze, will be a conversion of existing Class 321 trains, Continue Reading

Posted On : 9 Jan 2019 Published By : Tom Whipple

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