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Month: April 2019

Category:
  • Venezuela

The Latest: Pence vows to keep pressure on Venezuela

Venezuelan leader Nicolas Maduro is lambasting U.S. Vice President Mike Pence’s remarks at the U.N. Security Council as both “ridiculous” and “racist.”  In a televised address early Wednesday evening, Maduro said Continue Reading

Posted On : 11 Apr 2019 Published By : Tom Whipple
Category:
  • Venezuela

Venezuela reports collapse in oil supply, tightening global market: OPEC

Venezuela’s oil output sank to a new long-term low last month due to U.S. sanctions and blackouts, the country told OPEC, deepening the impact of a global production curb and Continue Reading

Posted On : 11 Apr 2019 Published By : Tom Whipple
Category:
  • Oil Supply
  • USA

U.S. crude stockpiles surge to 17-month high; steep gasoline drawdown: EIA

U.S. crude oil stocks rose more than expected last week to the highest in nearly 17 months as imports climbed, while gasoline inventories posted their steepest drawdown since September 2017, Continue Reading

Posted On : 11 Apr 2019 Published By : Tom Whipple
Category:
  • USA

Trump to fight states delaying energy projects

President Donald Trump will issue two executive orders in the heart of the Texas energy hub on Wednesday seeking to speed gas, coal and oil projects delayed by coastal states Continue Reading

Posted On : 11 Apr 2019 Published By : Tom Whipple
Category:
  • Climate

Automakers Plan for Their Worst Nightmare: Regulatory Chaos After Trump’s Emissions Rollback

As the Trump administration prepares to drastically weaken Obama-era rules restricting vehicle pollution, nervous automakers are devising a strategy to handle their worst-case scenario: a divided American auto market, with Continue Reading

Posted On : 11 Apr 2019 Published By : Tom Whipple
Category:
  • Oil Supply

Summary of Weekly Petroleum Data for the week ending April 5, 2019

U.S. crude oil refinery inputs averaged 16.1 million barrels per day during the week ending April 5, 2019, which was 251,000 barrels per day more than the previous week’s average. Continue Reading

Posted On : 11 Apr 2019 Published By : Tom Whipple
Category:
  • Renewables

Extreme Weather Shows Weak Spots Of Wind, Solar Energy

The promise of renewable energy as a better alternative to fossil fuels is certainly considerable. Solar and wind farms produce no harmful emissions while they operate, and their efficiency rates Continue Reading

Posted On : 11 Apr 2019 Published By : Tom Whipple
Category:
  • Pipelines

Trump’s Executive Order Is A Gamechanger For Oil Shipping

President Donald Trump has signed an executive order seeking to limit states’ powers in the approval or rejection of new oil and gas pipeline projects. CNBC reports the signing was Continue Reading

Posted On : 11 Apr 2019 Published By : Tom Whipple
Category:
  • USA

Does Puerto Rico Need More Natural Gas?

The U.S. Department of Energy (DoE) believes that more natural gas-powered capacity will be in the best interest of recovering Puerto Rico’s power grid, Bruce Walker, Assistant Secretary at the Continue Reading

Posted On : 11 Apr 2019 Published By : Tom Whipple
Category:
  • Shale Oil

Permian Tracker: Disparity between Permian oil and gas prices continue to grow

Natural gas prices fall to record lows as crude strengthens Some regional gas processing plants are starting to flare 2 million b/d of crude pipeline takeaway capacity expected this year Continue Reading

Posted On : 11 Apr 2019 Published By : Tom Whipple

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