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Month: May 2020

Category:
  • Shale Oil

U.S. Shale Scrambles To Innovate Its Way Out Of Crisis

Headlines have been pronouncing the impending death of the shale industry since long before the spread of the novel coronavirus. “Even when oil was priced at $30 a barrel,” writes Continue Reading

Posted On : 22 May 2020 Published By : Tom Whipple
Category:
  • Shale Oil

US oil, gas rig count decline slows, falls 12 to 357: Enverus

The US oil and gas rig count dropped by 12 to 357, rig data provider Enverus said Thursday, marking the slowest week-on-week decline in more than two months since the Continue Reading

Posted On : 22 May 2020 Published By : Tom Whipple
Category:
  • Coal
  • USA

US weekly coal production totals 8.2 million st; at new 2020 weekly low: EIA

Weekly US coal production was estimated at approximately 8.2 million st in the week ended May 16, down 1.6% from the previous week, Energy Information Administration data showed Thursday. Receive Continue Reading

Posted On : 22 May 2020 Published By : Tom Whipple
Category:
  • Oil Supply
  • USA

US oil production shut-ins top 2.2 million b/d during pandemic: DOE chief

More than 2.2 million b/d of US oil production has been shut in response to low prices and weak demand, US Energy Secretary Dan Brouillette said Thursday. Receive daily email Continue Reading

Posted On : 22 May 2020 Published By : Tom Whipple
Category:
  • Energy Demand
  • USA

Gasoline is driving US oil demand as Memorial Day holiday looms, just how much is unclear

US gasoline demand muted by coronavirus pandemic Social distancing measures, record unemployment key variables New York — As the Memorial Day holiday weekend draws near, the allure of beaches, boardwalks Continue Reading

Posted On : 22 May 2020 Published By : Tom Whipple
Category:
  • Climate
  • USA

A ‘Hyperactive’ Hurricane Season Is About to Strike

Climate scientists are predicting that as many as 20 named hurricanes will develop in the Atlantic basin during the six-month season that officially begins on Monday. The prediction of a Continue Reading

Posted On : 22 May 2020 Published By : Tom Whipple
Category:
  • Economy

Coronavirus: Cautious Reopenings Mean Weak Economic Recoveries

The coronavirus recovery is in trouble before it even begins. As swiftly as the lockdowns across Asia were imposed, the process of lifting them will be slow and uneven. That Continue Reading

Posted On : 22 May 2020 Published By : Tom Whipple
Category:
  • Climate
  • USA

Hurricane Season 2020: Federal Researchers See 19 Storms, 6 Named

It’s becoming unanimous. Federal researchers are now weighing in on the hurricane season ahead, forecasting as many as 19 named storms for the year, at least six of which are Continue Reading

Posted On : 22 May 2020 Published By : Tom Whipple
Category:
  • Shale Oil

Shale Faces Multibillion-Dollar Hedging Crunch

U.S. shale drillers spooked by the epic meltdown in oil markets are trying to figure out how to protect themselves in the future. It won’t come easy, or cheap. After oil’s Continue Reading

Posted On : 22 May 2020 Published By : Tom Whipple
Category:
  • Climate
  • Europe

Europe Set To Unveil Its $500 Billion ‘Green Deal’

The European Union is set to launch a down payment on a Green New Deal. As the world slips into a deep economic recession – and some indicators are as Continue Reading

Posted On : 22 May 2020 Published By : Tom Whipple

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