Office Vacancies Surge in Energy Capital
For all the talk of workers fleeing pricey coastal cities such as New York and San Francisco, one of the most troubled spots in the U.S. commercial real estate market Continue Reading
Chip Shortage Hits General Motors, Leads To Production Cuts
The Detroit auto maker had previously signaled the chip shortfall could impact its operations, telling suppliers late last year that they should stockpile semiconductors. But as of January, production hadn’t Continue Reading
GM to close 3 plants due to semiconductor shortage
General Motors has ordered a shutdown at three plants and slowed production at a fourth as it grapples with a global shortage of semiconductors. The Detroit carmaker said that its 2021 Continue Reading
Bitter cold snap plunging into U.S. explained
The groundhog might have seen his shadow, but the upcoming blast of cold will have him scurrying to his burrow. Frigid air straight from the Arctic is set to the northern Continue Reading
Annual Energy Outlook 2021
Annual Energy Outlook 2021 The Annual Energy Outlook presents an assessment by the U.S. Energy Information Administration of the outlook for energy markets through 2050. The Annual Energy Outlook narrative Continue Reading
Did President Biden Really Ban Fracking?
In late 2019, as various candidates jockeyed to win the Democratic nomination for president, Elizabeth Warren made the statement that she would “ban fracking everywhere.” It was just the kind Continue Reading
U.S. Oil Exports Soar To Record High At Louisiana Port
Crude oil exports from the only deep-water port in the United States, Louisiana Offshore Oil Port, doubled in January from December to a record high, driven by robust demand from Continue Reading
US gasoline consumption to peaks by 2023 as domestic crude output keeps rising: EIA
US gasoline consumption will peak by 2023 in the aftermath of the coronavirus pandemic as increased fuel efficiency and electric vehicle sales take hold, but domestic crude oil production will Continue Reading
Northern Appalachia coal production falls to over 37-year low in 2020: MSHA
Northern Appalachia coal production tumbled to 77.95 million st in 2020, down 26.7% from 106.38 million st produced in 2019 and the lowest on record, dating back to 1984, data Continue Reading
Exxon’s (XOM) Carbon Capture Project Stalled in Climate Change Setback
Elk and pronghorn antelope migrate each fall through southern Wyoming, where the sparsely vegetated landscape slowly gives way to the foothills of the Rocky Mountains. Interrupting this serene vista is Continue Reading