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Month: March 2020

Category:
  • Transportation

Jet fuel value plummets; FAA suspends slot-requirements

Jet fuel differentials on the Gulf and Atlantic coasts plunged to fresh lows Wednesday following news that the US Federal Aviation Administration will suspend minimum slot-use requirements at three major Continue Reading

Posted On : 12 Mar 2020 Published By : Tom Whipple
Category:
  • Shale Oil

US crude exports, Permian production expected to fall: Port of Corpus Christi CEO

US crude exports and Permian Basin production may soon see notable declines as the plunge in oil prices triggers a painful but possibly short-lived downturn, said Port of Corpus Christi Continue Reading

Posted On : 12 Mar 2020 Published By : Tom Whipple
Category:
  • International Oil Companies

Is This The Worst Oil Deal Of The Decade?

On the 8 th of August 2019 a major oil company completed an acquisition that could well be looked back on as the worst oil deal of the decade. Since Continue Reading

Posted On : 12 Mar 2020 Published By : Tom Whipple
Category:
  • Oil Supply
  • USA

Summary of Weekly Petroleum Data for the week ending March 6, 2020

U.S. crude oil refinery inputs averaged 15.7 million barrels per day during the week ending March 6, 2020 which was 5,000 barrels per day more than the previous week’s average. Continue Reading

Posted On : 12 Mar 2020 Published By : Tom Whipple
Category:
  • Oil Supply
  • USA

Short-Term Energy Outlook

Forecast Highlights Global liquid fuels EIA delayed the release of the March STEO update by one day to incorporate recent significant global oil market developments. On March 9, Brent crude Continue Reading

Posted On : 12 Mar 2020 Published By : Tom Whipple
Category:
  • Climate
  • USA

Trump Administration Presses Cities to Evict Homeowners From Flood Zones

The federal government is giving local officials nationwide a painful choice: Agree to use eminent domain to force people out of flood-prone homes, or forfeit a shot at federal money Continue Reading

Posted On : 12 Mar 2020 Published By : Tom Whipple
Category:
  • Congress

Senate energy bill falls apart amid dispute over coolants

It was supposed to be a bipartisan moment for the Senate. But now a sweeping energy package promoted as a “down payment” on fighting climate change is falling apart amid Continue Reading

Posted On : 12 Mar 2020 Published By : Tom Whipple
Category:
  • Shale Oil

Oil price collapse sours $310-million deal for failed shale producer

A court-ordered sale of one-time shale high-flyer Alta Mesa Resources Inc fell through due to a lack of financing on Monday, according to court filings, a day when oil prices Continue Reading

Posted On : 12 Mar 2020 Published By : Tom Whipple
Category:
  • Oil Supply
  • Shale Oil
  • USA

U.S. crude output growth to slow, oil prices to slump

U.S. oil production is expected to grow more slowly in 2020 and drop outright in 2021, forecasters said this week after U.S. shale producers cut investment plans further when OPEC Continue Reading

Posted On : 12 Mar 2020 Published By : Tom Whipple
Category:
  • Canada

Alberta Ready to Cut Oil Output to Ensure Producers’ Survival

Alberta’s government could mandate further cuts to oil production if rising crude supplies and falling prices threaten the survival of drillers in the province. Crude-by-rail shipments are poised to collapse to Continue Reading

Posted On : 12 Mar 2020 Published By : Tom Whipple

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