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Month: March 2021

Category:
  • China
  • USA

U.S. Sets Tough Tone Ahead of High-Level Talks with China

The U.S. and China began their first high-level meeting under the Biden administration with an acrimonious exchange of words, setting an abrasive tone as the two powers try to stabilize Continue Reading

Posted On : 19 Mar 2021 Published By : Tom Whipple
Category:
  • Asia

IEA: Asia To Account For 90% Of Global Oil Demand Growth Through 2025

Despite speculation that oil demand peaked in 2019, before the global pandemic hit the industry hard, a new IEA report suggests this assumption may have been overstated as demand is Continue Reading

Posted On : 19 Mar 2021 Published By : Tom Whipple
Category:
  • China

Subdued Chinese Demand Weakens Asia’s Spot Oil Market

The spot oil market for physical barrels in the key demand region, Asia, started to weaken in the middle of this week, as purchases from Chinese buyers are subdued, traders Continue Reading

Posted On : 19 Mar 2021 Published By : Tom Whipple
Category:
  • China
  • USA

Top U.S., Chinese diplomats clash at start of first talks of Biden presidency

The first high-level U.S.-China talks of the Biden administration got off to a fiery start on Thursday, with both sides leveling sharp rebukes of the others’ policies in a rare Continue Reading

Posted On : 19 Mar 2021 Published By : Tom Whipple
Category:
  • Electricity

Texas’ last Public Utility Commission member resigns at Gov. Greg Abbott’s request

Sign up for The Brief , our daily newsletter that keeps readers up to speed on the most essential Texas news. Public Utility Commission Chair Arthur D’Andrea, the only remaining Continue Reading

Posted On : 19 Mar 2021 Published By : Tom Whipple
Category:
  • USA

21 states sue Biden for revoking Keystone XL permit

A coalition of states with Republican attorneys general sued President Biden on Wednesday over his decision to revoke a key permit for the Keystone XL oil pipeline. The lawsuit from Continue Reading

Posted On : 19 Mar 2021 Published By : Tom Whipple
Category:
  • Climate
  • Sea Level Rise

Chuck Schumer Stalls Climate Overhaul of Flood Insurance Program

One of the federal government’s main efforts to push Americans to prepare for climate threats is in question after the Senate majority leader’s office objected to a plan to adjust Continue Reading

Posted On : 19 Mar 2021 Published By : Tom Whipple
Category:
  • USA

US jobless claims rise to 770,000 with layoffs still high

 The number of Americans seeking unemployment benefits rose last week to 770,000, a sign that layoffs remain high even as much of the U.S. economy is steadily recovering from the Continue Reading

Posted On : 19 Mar 2021 Published By : Tom Whipple
Category:
  • USA

The US vaccine effect: rapid rollout starts to bear fruit

The rapid rollout of Covid-19 vaccines across the US is starting to work, according to a Financial Times analysis of official data that shows the number of deaths and hospital Continue Reading

Posted On : 19 Mar 2021 Published By : Tom Whipple
Category:
  • Alaska

Rarely-Used Recovery Method Could Unlock Billions Of Barrels In Alaska

Early findings in an ongoing four-year study of enhanced oil recovery of heavy oil in Alaska’s North Slope have shown promising results that could potentially unlock billions of barrels of Continue Reading

Posted On : 19 Mar 2021 Published By : Tom Whipple

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