US Gasoline Consumption Gap Keeps Shrinking
Thanks to spiking COVID-19 cases, US gasoline consumption in the second week of April amounted to just 49 percent of volumes during the same period in 2019. Thanks to spiking Continue Reading
Colorado activists revive anti-fracking ballot initiative
A Colorado environmental group is reviving a push to get an anti-fracking measure on the U.S. state’s November ballot, just two weeks after a prior sponsor said it was halting Continue Reading
US job market’s modest improvement may be stalling
The number of laid-off workers seeking U.S. unemployment aid barely fell last week, and the reopening of small businesses has leveled off — evidence that the job market’s gains may Continue Reading
Texas Pauses Reopening, as CDC Says Millions More May Have Had Coronavirus
Companies from Disney to Apple are grappling with whether to reopen or close as coronavirus cases surge; the Democratic Party urges delegates to skip the summer convention; demand for a Continue Reading
Bureau of Land Management proposes drilling on most of the National Petroleum Reserve-Alaska –
The Trump administration proposed on Thursday to open more than two-thirds of the nation’s largest piece of public land to oil and gas drilling, removing wildlife protections for the Alaskan tract Continue Reading
Judge orders Enbridge Line 5 pipeline shut again after damage
Michigan judge ordered June 25 that Enbridge to shut its Line 5 crude and NGL pipeline after damage to the system’s support structure was identified last week. Receive daily email Continue Reading
Russian Banks To Finance 200,000 Bpd In New Oil Production Capacity
At least two Russian banks are lending some $6 billion to the oil industry to drill new wells that could add 200,000 bpd to the country’s production quickly. It is Continue Reading
Coronavirus: ‘Very significant’ resurgences in Europe alarm WHO
Close to 20,000 new cases are being recorded daily in the WHO’s European region Europe has seen an increase in weekly cases of Covid-19 for the first time in months Continue Reading
IEA: EU Needs To Do More To Meet Ambitious Climate Goals
The European Union (EU) has a commendable green recovery plan, but it needs more robust policies than those currently in place if it were to meet its ambitious targets to Continue Reading
ECB’s Lagarde Warns of Complicated, Transformational Recovery
European Central Bank President Christine Lagarde said the recovery from the coronavirus pandemic will be “restrained” and will change parts of the economy permanently. While the worst of the crisis Continue Reading