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Month: April 2020

Category:
  • China
  • Electric Cars

Battery Metals Take A Hit As China’s EV Boom Grinds To A Halt

The slowdown in China’s electric vehicle sector could have knock-on effects on the battery metals market in both the short and long run, commodities analysts at Argus Media said in Continue Reading

Posted On : 4 Apr 2020 Published By : Tom Whipple
Category:
  • Shale Oil
  • USA

Billions in Oil Royalties at Stake in Talks After Trump Meeting

Oil industry representatives will meet with Interior Secretary David Bernhardt, Energy Secretary Dan Brouillette and White House economic adviser Larry Kudlow Friday to discuss ways the Trump administration can help Continue Reading

Posted On : 4 Apr 2020 Published By : Tom Whipple
Category:
  • Climate
  • USA

Above-average Atlantic hurricane season predicted, including a possible major hurricane strike

After four active hurricane seasons — each of which featured at least one violent Category 5 storm in the Atlantic — experts at Colorado State University are predicting another active Continue Reading

Posted On : 4 Apr 2020 Published By : Tom Whipple
Category:
  • Shale Oil

The Largest Rig Count Collapse In 5 Years

Baker Hughes reported that the number of oil and gas rigs in the US fell again this week by 64, falling to 664, with the total oil and gas rigs Continue Reading

Posted On : 4 Apr 2020 Published By : Tom Whipple
Category:
  • Shale Oil

U.S. Shale Ready To Fire Back In The Oil Price War

U.S. shale oil companies have started a lobbying campaign with Washington to take a more aggressive stance against Russia and Saudi Arabia to force them to cut oil production, the Continue Reading

Posted On : 4 Apr 2020 Published By : Tom Whipple
Category:
  • Canada
  • USA

Canada Looks To U.S. As Oil Crisis Escalates

Canada is in close contact with the United States about the oil price crash and its effect on the industry, Canada’s Deputy Prime Minister and Minister of Intergovernmental Affairs Chrystia Continue Reading

Posted On : 4 Apr 2020 Published By : Tom Whipple
Category:
  • Shale Oil

Mnuchin: Struggling Shale Firms Should Seek Help From The Fed

As part of the Coronavirus CARES Act, the $2 trillion fiscal stimulus meant to resuscitate the US economy, Congress allocated $454 billion to help underwrite the special lending programs from Continue Reading

Posted On : 4 Apr 2020 Published By : Tom Whipple
Category:
  • Natural Gas Supply

Analysis: Widening Henry Hub cash-to-winter spread could spur record April storage injections

 A widening cash-to-winter price spread at the Henry Hub and a forecast calling for mild temperatures in the coming weeks could be sufficient to push a near-record volume of gas Continue Reading

Posted On : 4 Apr 2020 Published By : Tom Whipple
Category:
  • Refining
  • USA

US refiners shift into maximum diesel mode as gasoline prices dip below $1/gal

US refiners are getting slammed by falling demand for petroleum, but some are faring worse than others depending on location and ability to increase distillate output as the diesel-to gasoline Continue Reading

Posted On : 4 Apr 2020 Published By : Tom Whipple
Category:
  • Oil Supply
  • USA

US January Production Drops Again

A post by Ovi at peakoilbarrel Preparing this March post has been a surrealistic exercise. Here I am providing a January US production update when at a time, January, the Continue Reading

Posted On : 4 Apr 2020 Published By : Tom Whipple

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