Some years there is an energy story so big that there’s no question it belongs at the top of the list. The Deepwater Horizon oil spill in 2010. The Fukushima Daiichi nuclear disaster in 2011. In 2020, that story was the emergence and subsequent consequences of the Covid-19 pandemic. Covid-19 pandemic wreaks havoc on the energy sector Many of the big energy stories of 2020 are directly attributable to the fallout from the Covid-19 pandemic. Oil demand was crushed beginning in the first quarter as stay-at-home orders were implemented. Airline travel plummeted. Demand for gasoline plunged to a 50-year low. Ethanol demand for gasoline blending fell sharply. Oil prices fell all the way into negative territory, and U.S. oil production fell in response. Oil companies saw their share values get crushed. All of those are major energy stories, but all were a result of the pandemic. Saudi Arabia/Russia price […]