Canada’s biggest oil sands producers are generating billions more in free cash flow thanks to a faster-than-expected pandemic rebound, but their cautious approach to spending it is disappointing environment-minded investors. Continue Reading
When President Biden yesterday unveiled his $2-trillion economic recovery plan, few in his immediate circle likely thought about oil. Yet, the plan will have a positive effect on oil demand Continue Reading
The Dalles Dam water supply forecast has dropped to its lowest point since December 2020 as inflows sit well below the three-year average, with the weather forecast showing below-normal precipitation Continue Reading
The U.S. auto industry sees President Joe Biden’s infrastructure package as accelerating a global shift toward electric vehicles, thanks to the $174 billion proposed for charging stations, planned consumer rebates Continue Reading
he number of Americans filing new claims for unemployment benefits unexpectedly rose last week, though the labor market recovery is gaining traction as economic activity picks up, driven by increased Continue Reading
U.S. employers likely stepped up hiring in March amid increased vaccinations and more pandemic relief money from the government, which would cement expectations for a boom that could push this Continue Reading
The number of commercial flights looks to have hit a post-pandemic high in the past days, outstripping the previous high from Christmas travel and potentially boding well for jet fuel Continue Reading
The US oil and gas rig count rose six to 519 in the week ended March 31, rig data provider Enverus said, as totals in the Permian Basin and Eagle Continue Reading
Nearly 150 climate advocacy groups are calling on John Kerry , the special presidential envoy for climate, to curtail the amount of money Wall Street sends to fossil fuel companies Continue Reading
The plummeting price of electricity from solar panels is one of the driving forces aiding the transition to clean energy. Government policies and scientific innovation around the world have helped Continue Reading
