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Month: June 2020

Category:
  • Shale Oil

Shale Oil Stocks: Investors Question Industry’s Performance

America’s shale revolution grew out of a well-orchestrated dance. For almost a decade, producers wooed investors by touting rosy estimates of how much crude oil they could profitably drill, and Continue Reading

Posted On : 24 Jun 2020 Published By : Tom Whipple
Category:
  • Shale Oil

Shale’s Newest Powerhouse, New Mexico, Upended by Oil Shock

As Covid-19 shock waves reverberate across U.S. oil towns, perhaps nowhere is their speed and severity more apparent than in America’s newest shale powerhouse. Just months ago, New Mexico, the third-biggest Continue Reading

Posted On : 24 Jun 2020 Published By : Tom Whipple
Category:
  • coronavirus
  • USA

As U.S. coronavirus cases surge, Texas, Arizona and Nevada hit new records

For a second consecutive week, Texas, Arizona and Nevada set records in their coronavirus outbreaks, and 10 other states from Florida to California were grappling with a surge in infections. Continue Reading

Posted On : 24 Jun 2020 Published By : Tom Whipple
Category:
  • coronavirus
  • USA

Virus Surges Across U.S., Throwing Reopenings Into Disarray

Newly diagnosed cases of Covid-19 and other indicators of the pandemic’s spread soared in hot spots across the U.S., driving city and state officials to consider slowing or reversing reopening Continue Reading

Posted On : 24 Jun 2020 Published By : Tom Whipple
Category:
  • LNG
  • USA

U.S. LNG Exports Crash By More Than 50%

Historically low natural gas prices have caused U.S. LNG exports to crash by more than 50 percent since January. The U.S. has now become the world’s swing producer of LNG, Continue Reading

Posted On : 24 Jun 2020 Published By : Tom Whipple
Category:
  • Shale Gas
  • USA

Shale Giant On The Brink Of Bankruptcy Receives Federal Lifeline

The federal government has allowed bankrupt shale major Chesapeake Energy to stop drilling at more than 100 leases on federal lands without losing ownership of the assets, Reuters has reported Continue Reading

Posted On : 24 Jun 2020 Published By : Tom Whipple
Category:
  • Canada

The Oil Price Collapse Has Crushed Canada’s Crude Production

More than 1 million barrels per day (bpd) of curtailed crude oil production in Canada and lower demand in the pandemic have resulted in a rare occurrence in Canada’s pipeline Continue Reading

Posted On : 24 Jun 2020 Published By : Tom Whipple
Category:
  • LNG

Near-term outlook said to dim for further North American LNG export development

Demand, supply chain and capital budget shocks from the coronavirus pandemic make it unlikely any more North American LNG export projects will secure financing for construction in the next five Continue Reading

Posted On : 24 Jun 2020 Published By : Tom Whipple
Category:
  • USA

Nevada launches “Clean Cars Nevada” effort; adopting California LEV and ZEV

Nevada Governor Steve Sisolak announced the “ Clean Cars Nevada ” initiative, which will evaluate the adoption of new regulations to provide Nevadans with more choices for low and zero Continue Reading

Posted On : 24 Jun 2020 Published By : Tom Whipple
Category:
  • Pipelines
  • USA

Enbridge Fight With Michigan Over Oil Pipeline Flares Again

Enbridge Inc.’s yearlong battle with Michigan officials over a pipeline that runs through the Great Lakes is flaring up again after damage to a support structure prompted the state to try Continue Reading

Posted On : 24 Jun 2020 Published By : Tom Whipple

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