The U.S. Is Overflowing With Natural Gas. Not Everyone Can Get It.
America is awash in natural gas. In parts of the country there’s hardly a drop to burn. Earlier this year, two utilities that service the New York City area stopped Continue Reading
Report: Texas, Permian lead the way in energy security
As the nation celebrated its independence, a new report from Texans For Natural Gas details how the Lone Star State and the Permian Basin have led to a national independence Continue Reading
VW to deepen alliances with battery suppliers for electric push
Volkswagen will create joint ventures and help finance battery production to persuade skeptical cell suppliers to back its aggressive push for mass producing electric vehicles, board member Stefan Sommer told Continue Reading
Germany becomes new battleground in Europe’s scooter wars
Almost half of the electric-scooter companies in Paris have suspended or scaled back operations in the past week, after the French capital’s mayor swore to crack down on the “anarchy” Continue Reading
Oil Prices Set For Worst Weekly Drop In Five Weeks
Concerns about weakening global economy and oil demand growth trumped simmering U.S.-Iran tensions and OPEC and allies’ rollover of the production cuts into 2020, sending oil prices early on Friday Continue Reading
Oil prices rise on Iran tensions, OPEC output cuts
Oil futures rose on Friday as tensions over Iran and an extension to output cuts by OPEC and its allies boosted prices, but mixed economic data limited the rally. Brent Continue Reading
World Oil Production as of March 2019
The data for the charts below were taken from the EIA’s Monthly Energy Review . It is crude plus condensate through March 2019 and is in thousand barrels per day. Continue Reading
OPEC Oil Production Dips To 2014 Low
OPEC’s crude oil production dropped to below 30 million bpd in June, down by 170,000 bpd from May and the lowest monthly output since April 2014, as higher Saudi oil Continue Reading
OPEC output hits new low on Trump’s sanctions, supply pact: Reuters survey
OPEC oil output sank to a new five-year low in June as a rise in Saudi supply did not offset losses in Iran and Venezuela due to U.S. sanctions and Continue Reading
Iran threatens British shipping in retaliation for tanker seizure
An Iranian Revolutionary Guards commander threatened on Friday to seize a British ship in retaliation for the capture of an Iranian supertanker by Royal Marines in Gibraltar. A “If Britain Continue Reading