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Month: January 2020

Category:
  • Iran
  • Prices

Why Gas Prices Aren’t Soaring On Iranian Conflict

Are we on the brink of war? It seems the answer could be yes as the United States and Iran trade attacks and counterattacks in the wake of the U.S. Continue Reading

Posted On : 14 Jan 2020 Published By : Tom Whipple
Category:
  • Shale Oil

Is the US Shale Boom Really Slowing Down?

Since taking flight in 2008, the American shale oil revolution has probably been the biggest energy story since the end of World War II. U.S. crude oil production has leaped Continue Reading

Posted On : 14 Jan 2020 Published By : Tom Whipple
Category:
  • Natural Gas Supply
  • USA

Largest US natural gas producer takes $1.8bn writedown

EQT, the largest US natural gas producer, plans to write down the value of its assets by as much as $1.Sbn as prices for the fuel slide to the lowest levels Continue Reading

Posted On : 14 Jan 2020 Published By : Tom Whipple
Category:
  • Refining

Bad News For Oil: Refinery Profits Are Sliding

After a short-lived, half-hearted rally, oil prices are down again with a vengeance, retracing levels last seen before the assassination of General Soleimani by the American government. WTI prices surged Continue Reading

Posted On : 14 Jan 2020 Published By : Tom Whipple
Category:
  • Electric Cars
  • USA

New Jersey advancing plug-ins: 330K units by end of 2025, 2M by 2035, 85% of new vehicles by 2040

Both houses of the New Jersey Legislature (Senate and Assembly) have passed a bill  that establishes goals and incentives for increased use of plug-in electric vehicles in NJ. The Governor Continue Reading

Posted On : 14 Jan 2020 Published By : Tom Whipple
Category:
  • Oil Supply
  • USA

Is Chevron’s $11B Write-Down an Oilpatch Warning?

In December 2019, American oil major Chevron announced a major write-down of some $11 billion in the value of its assets, including its gas holdings in the Appalachia region, a Continue Reading

Posted On : 14 Jan 2020 Published By : Tom Whipple
Category:
  • USA

Oil’s slick rebranding is more like disinformation

An image made with an infrared camera shows an emissions leak at DCP Pegasus gas processing plant in West Texas, one of the thousands of installations in the vast Permian Continue Reading

Posted On : 14 Jan 2020 Published By : Tom Whipple
Category:
  • Electric Cars
  • Germany

Germany’s shift to electric cars puts 400,000 jobs at risk in next decade

More than 400,000 jobs could be lost in Germany over the next decade as its auto industry shifts towards electric vehicles, according to a government-sanctioned report that underlines the wrenching Continue Reading

Posted On : 14 Jan 2020 Published By : Tom Whipple
Category:
  • Climate
  • Italy

Venice canals almost dry, two months after severe floods

Low tides have left canals in Venice almost dry, just two months after severe flooding left much of the Italian city under water. Boats have been seen almost beached as water Continue Reading

Posted On : 14 Jan 2020 Published By : Tom Whipple
Category:
  • Europe
  • LNG
  • USA

Why U.S. LNG Can’t Win In Europe

When Washington imposed sanctions on companies, the move drew criticism not just from Russia but from Germany as well. The sanctions, targeting firms building the pipeline that will increase Gazprom’s Continue Reading

Posted On : 14 Jan 2020 Published By : Tom Whipple

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