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Month: January 2020

Category:
  • China

China virus fears grow as human transmission and fourth death confirmed

With millions of Asians traveling on Tuesday for the Lunar New Year holiday, authorities in China confirmed that a new virus could be spread through human contact, reporting 15 medical Continue Reading

Posted On : 21 Jan 2020 Published By : Tom Whipple
Category:
  • China
  • USA

Phase 1 Trade Deal Won’t Spark An Oil Export Boom

What happens to world markets when China buys an additional $50 billion-plus in U.S. energy products over the next two years? For some analysts, as spectacular as this may sound Continue Reading

Posted On : 21 Jan 2020 Published By : Tom Whipple
Category:
  • Shipping
  • USA

US Updates IMO 2020 Enforcement Policy

The United States is sharpening its focus on enforcement of the IMO 2020 fuel sulfur emissions cap, which could result in harsh penalties for vessel operators caught attempting to sidestep Continue Reading

Posted On : 21 Jan 2020 Published By : Tom Whipple
Category:
  • Shale Oil

This Shale Giant Is Ready For A Rebound

Occidental Petroleum’s (NYSE:OXY) management has been pummeled since the deal with Anadarko Petroleum was announced last spring. Investors and stock analysts alike decried the purchase as being a “value destroyer,” Continue Reading

Posted On : 21 Jan 2020 Published By : Tom Whipple
Category:
  • LNG
  • USA

US gas exporters fight to survive supply glut

Multibillion dollar gas export projects that are central to the Trump administration’s push for “energy dominance” are locked in a battle for survival as prices fall and the market faces Continue Reading

Posted On : 21 Jan 2020 Published By : Tom Whipple
Category:
  • Climate
  • USA

Conservative States Seek Billions to Brace for Disaster. (Just Don’t Call It Climate Change.)

The Trump administration is about to distribute billions of dollars to coastal states mainly in the South to help steel them against natural disasters worsened by climate change. But states Continue Reading

Posted On : 21 Jan 2020 Published By : Tom Whipple
Category:
  • Natural Gas Supply
  • Prices

Has Natural Gas Hit Rock Bottom?

U.S. natural gas prices fell below $2/MMBtu on Friday for the first time in nearly four years. The gas market is suffering from oversupply, as the shale industry has drilled Continue Reading

Posted On : 21 Jan 2020 Published By : Tom Whipple
Category:
  • Canada

Alberta’s Oil And Gas Company Tax Debt Balloons To Double The Size

Tough times are continuing for Alberta’s oil and gas country, with the amount of unpaid property taxes that oil and gas companies owe to Alberta towns has more than doubled Continue Reading

Posted On : 21 Jan 2020 Published By : Tom Whipple
Category:
  • Refining
  • USA

Number of US crude oil refineries has declined but total distillation capacity has risen from 1982 to 2019

In 1982 there were over 250 operating crude oil refineries in the United States; that number declined to 132 by 2019, according to data from the US Department of Energy Continue Reading

Posted On : 21 Jan 2020 Published By : Tom Whipple
Category:
  • Transportation

Wyoming leads in vehicle miles traveled per person

Total vehicle miles traveled (VMT) by all vehicles in the United States vary greatly across the individual states. The latest annual data from the Federal Highway Administration show that in Continue Reading

Posted On : 21 Jan 2020 Published By : Tom Whipple

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