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Month: January 2021

Category:
  • Natural Gas Supply

Appalachia Q1 forwards spike as Polar Vortex threatens production freeze-offs

Warnings from meteorologists about the potential for polar vortex weather to develop in the central and eastern US later this month are fueling a rally in Appalachia’s balance-of-winter gas market, Continue Reading

Posted On : 9 Jan 2021 Published By : Tom Whipple
Category:
  • Climate

Rules that could undercut Biden’s climate agenda likely to be nixed, expert says

An alleged Trump administration effort to tie the U.S. Environmental Protection Agency’s hands regarding energy and climate rules under President-elect Joe Biden has run into a problem: a Democrat-controlled Senate. Continue Reading

Posted On : 9 Jan 2021 Published By : Tom Whipple
Category:
  • Shale Oil

Permian Basin- The Death of Tight Oil Has Been Greatly Exaggerated

The future of tight oil output in the US will depend in large part on future development of Permian Basin resources in Texas and New Mexico. I have developed nine Continue Reading

Posted On : 9 Jan 2021 Published By : Tom Whipple
Category:
  • USA

Biden to unveil trillions in pandemic economic relief spending next week

U.S. President-elect Joe Biden said Americans need more economic relief from the coronavirus pandemic now and that he will deliver a plan costing “trillions” of dollars next week.  Biden, introducing Continue Reading

Posted On : 9 Jan 2021 Published By : Tom Whipple
Category:
  • USA

GM Unveils New Logo, Names Operations Chief at Cruise Unit

General Motors Co. GM -0.60% revealed a new tech-themed corporate logo—its first major change in decades—and GM’s autonomous-car division hired a new operations chief, the latest in the auto maker’s efforts to fend off Continue Reading

Posted On : 9 Jan 2021 Published By : Tom Whipple
Category:
  • California

California Governor proposes $1.5B in new budget to achieve ZEV goals

Governor Gavin Newsom has submitted his 2021-22 State Budget proposal to the state Legislature. Among the many provisions, the Governor’s budget proposes $1.5 billion to achieve the state’s zero-emission vehicle Continue Reading

Posted On : 9 Jan 2021 Published By : Tom Whipple
Category:
  • Shale Oil

Baker Hughes Reveals 67 Additional Rigs

The number of rotary drilling rigs operating in the US and Canada rose by 67 this week, Baker Hughes reported Friday. The number of rotary drilling rigs operating in the Continue Reading

Posted On : 9 Jan 2021 Published By : Tom Whipple
Category:
  • USA

US economy sheds jobs for first time since April

The US economy shed 140,000 jobs in December, leaving the unemployment rate at a stubbornly high 6.7 percent and exacerbating fears that the new coronavirus surge is stalling America’s recovery. Continue Reading

Posted On : 9 Jan 2021 Published By : Tom Whipple
Category:
  • Europe

New Lockdowns Dash Hopes Of A Rapid Oil Demand Recovery In Europe

Extended lockdowns in response to the continuing surge in Covid-19 infections in Europe has quashed hopes that fuel demand on the continent could rebound in the first half of the Continue Reading

Posted On : 9 Jan 2021 Published By : Tom Whipple
Category:
  • Prices

Crude oil futures rise as bullish sentiment persists, but COVID-19 concerns resurface

Crude oil futures ticked up during the Asian mid-morning trade Jan. 8, but a rally driven by Saudi Arabia’s decision to cut output by 1 million b/d and the Democrats Continue Reading

Posted On : 8 Jan 2021 Published By : Tom Whipple

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