There is a high likelihood that the United States will enter a recession in 2020. In fact, one may have already started. America is shutting down at lightning speed as Continue Reading
Baker Hughes reported that the number of oil and gas rigs in the US fell this week by 1 to 792, with the total oil and gas rigs clocking in Continue Reading
The US government will take advantage of low oil prices and buy “large quantities” of crude to fill the Strategic Petroleum Reserve, President Donald Trump said Friday. “We’re going to Continue Reading
Four more E&P producers have joined the lineup of oil companies that are slashing 2020 capital budgets and cutting back activity, as oil prices hover at low levels not seen Continue Reading
President Donald Trump has directed the U.S. Energy Department to buy “large quantities” of oil for the government’s strategic petroleum reserve following this week’s crash in oil prices. “We’re going Continue Reading
The U.S. economic outlook hangs in large part on whether business leaders respond to the new coronavirus crisis as they have with many past shocks: by laying off masses of Continue Reading
The Trump administration intends to buy tens of millions of barrels of oil for storage in the caverns of the US Strategic Petroleum Reserve, using a safeguard against fuel shortfalls Continue Reading
President Trump declared a national emergency on Friday over the coronavirus pandemic and announced steps he said would speed the availability of testing, and early Saturday, the House passed a Continue Reading
Officials at the U.S. Centers for Disease Control and Prevention and epidemic experts from universities around the world conferred last month about what might happen if the new coronavirus gained Continue Reading
Much of life in America, and across the globe, has ground to a near halt in recent days as the coronavirus spreads, closing schools, thwarting travel, forcing employees to telework Continue Reading
