Can’t Afford An EV? You’re Paying For It Anyway
Proponents of the electric vehicle (EV) revolution have a lineup of arguments at the ready for drivers on the fence about whether to go electric, and they range from less Continue Reading
U.S. Gasoline Prices Jump On Outages At Major Oil Refineries
Gasoline prices in the United States have increased over the past week as a rise in crude oil prices combined with a fire and shutdowns at several major refineries, refinery Continue Reading
Eversource expects over 1,700 MW of US Northeast offshore wind power online in 2024
Eversource Energy executives told investors Thursday they expect to have 1,714 MW of offshore wind power capacity operational by the end of 2024 and they are confident about winning bids Continue Reading
USDA Ag Innovation Agenda targets biofuel blend rates of 15% in 2030, 30% in 2050
US Secretary of Agriculture Sonny Perdue announced the Agriculture Innovation Agenda, a department-wide initiative to align resources, programs, and research to position American agriculture to better meet future global demands. Continue Reading
Shell Sees LNG Market Returning To Balance By 2021
The supply growth of liquefied natural gas (LNG) on the global market is set to slow down later this year and in 2021 when the last of the new projects Continue Reading
Tesla gets court approval to clear forest for German Gigafactory
Tesla Inc got approval from a German court on Thursday to continue to cut down forest near the capital Berlin to build its first European car and battery factory, in Continue Reading
OIL FUTURES: Crude extends gains on supply shocks, easing coronavirus concerns
Crude oil futures edged higher in the Asian afternoon trade on Thursday, extending gains from the previous session as supply concerns emerged from OPEC producers Venezuela and Libya, while demand Continue Reading
Oil Posts Three-Week High on Supply Risks in Venezuela and Libya
Oil climbed to the highest level this month as investors weighed supply disruptions in Venezuela and Libya. Futures advanced 2.4% in New York on Wednesday. Venezuela’s ability to export crude is Continue Reading
Larger Than Expected Crude Build Threatens This Week’s Oil Rally
The American Petroleum Institute (API) estimated on Wednesday a larger than anticipated crude oil inventory build of 4.16-million barrels for the week ending February 14, compared to analyst expectations of Continue Reading
API data reveal a weekly rise in U.S. crude supplies, but gasoline and distillate stocks decline, sources say
The American Petroleum Institute reported late Wednesday that U.S. crude supplies rose by 4.2 million barrels for the week ended Feb. 14, according to sources. The API data, which were Continue Reading