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Month: March 2021

Category:
  • China
  • Iran

China Set To Buy 1 Million Bpd Of ‘Cheap’ Iranian Crude This Month

China’s crude oil imports from Iran this month could reach close to 1 million bpd, Reuters reported today, citing trading and analyst sources. That would be almost half the amount Continue Reading

Posted On : 31 Mar 2021 Published By : Tom Whipple
Category:
  • China
  • Climate

China’s Coal Power Generation Jumps As Electricity Demand Soars

China’s coal-fired power generation increased last year as growing electricity demand outpaced the installations of new clean power capacity, making China the only G-20 country with rising coal generation, climate Continue Reading

Posted On : 31 Mar 2021 Published By : Tom Whipple
Category:
  • Electric Cars
  • USA

Automakers Vow to Spend $250 Billion on U.S. Electric Vehicles

Automakers and parts suppliers are prepared to spend $250 billion on boosting the use of electric vehicles in the U.S., and called on the Biden administration to urge Congress to Continue Reading

Posted On : 31 Mar 2021 Published By : Tom Whipple
Category:
  • Prices
  • USA

U.S. Gasoline Prices Rose For 17 Straight Weeks As Oil Rallied

Before this week’s small decline, U.S. gasoline prices had increased for 17 consecutive weeks—the longest streak of rising national average gasoline prices since 1994, according to EIA’s surveys . As Continue Reading

Posted On : 31 Mar 2021 Published By : Tom Whipple
Category:
  • Natural Gas Supply

Texas Moves to Kill Gas Bans Proposed by Austin, Others

Texas moved to stop the city of Austin and others from imposing a California-style ban on natural gas in new homes and buildings, the latest salvo in the gas industry’s Continue Reading

Posted On : 31 Mar 2021 Published By : Tom Whipple
Category:
  • Shale Oil

Will 2021 Mark The Start Of A Major Shale Recovery?

U.S. shale was among the biggest victims of the demand destruction caused by the coronavirus pandemic. But the sector has already proved resilient once, and now this resiliency is coming Continue Reading

Posted On : 31 Mar 2021 Published By : Tom Whipple
Category:
  • Oil Supply

Ad Companies Are Boycotting Big Oil

In 1939, studies began to suggest that smoking might not be that great for you, sullying a great American pastime and a key United States economic industry. What was once Continue Reading

Posted On : 31 Mar 2021 Published By : Tom Whipple
Category:
  • Climate

Republican States Are Pushing Back Against Biden’s Oil Lease Suspension

In January, Biden’s new administration called for a suspension of all new oil and gas leases as part of its efforts to drive forward climate change policies. But several states Continue Reading

Posted On : 31 Mar 2021 Published By : Tom Whipple
Category:
  • Natural Gas Supply

US storage fields post first net injection of year due to mild weather: analysts

 US storage fields posted the first net injection of the year in the week ended March 27, according to a survey of analysts, which is one week earlier than normal, Continue Reading

Posted On : 31 Mar 2021 Published By : Tom Whipple
Category:
  • Air Quality
  • Climate

Methane pollution soars in US as shale drilling resumes

Methane pollution from the largest oilfield in the US has soared back to pre-pandemic levels as a recovery in drilling undermines industry pledges to crack down on emissions of the Continue Reading

Posted On : 31 Mar 2021 Published By : Tom Whipple

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