The economic paralysis caused by the coronavirus led in April to the steepest month-to-month fall in U.S. consumer prices since the 2008 financial crisis — a 0.8% drop that was Continue Reading
Many airlines have gone bankrupt in the past and demand for air travel—which fuels demand for Boeing’s planes—continued to grow year by year. Boeing CEO Dave Calhoun said in an Continue Reading
Forecast Highlights Global liquid fuels Although all market outlooks are subject to many risks, the May edition of EIA’s Short-Term Energy Outlook remains subject to heightened levels of uncertainty because Continue Reading
The U.S. Department of the Interior approved this week the biggest solar project in the United States ever—an estimated US$1-billion solar plus battery storage project in Nevada. Australia’s Quinbrook Infrastructure Continue Reading
The American Petroleum Institute (API) estimated on Tuesday another large crude oil inventory build, of 7.58 million barrels for the week ending May 8 even as several U.S. states begin Continue Reading
President Donald Trump celebrated rising oil prices Tuesday, saying production cuts by Saudi Arabia secured as part of a global deal among crude producers after a historic price crash would Continue Reading
Ameren Energy told analysts Tuesday during an earnings call that it is “transitioning to a cleaner generation profile” and has agreements in place to add 700 MW of wind generation Continue Reading
The outlook for the company’s debt restructuring effort is teetering. Shares of Chesapeake Energy Corp. slid almost six percent in premarket trading on Monday, after the company added a going Continue Reading
It appears the dispute between Tesla and San Francisco Bay Area authorities over the reopening of a factory in the face of shutdown orders is coming to an end. The Continue Reading
Job losses, well shut-ins, and bankruptcies have replaced the praise surrounding the shale oil boom that greatly enhanced America’s energy independence and gave President Trump a reason to tout energy Continue Reading
