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Month: May 2021

Category:
  • USA

America’s Multi-Trillion Dollar Infrastructure Security Crisis

Last Friday, a cyberattack prompted the shutdown of the biggest piece of energy infrastructure in the United States, the Colonial Pipeline system that supplies almost half of the gasoline and Continue Reading

Posted On : 13 May 2021 Published By : Tom Whipple
Category:
  • Climate

The Dalles Dam drops to season low as Mid-C forwards continue to reach record highs

 The Dalles Dam water supply forecast has reached a new season low after poor snow-building months and continued expectations of below-normal precipitation with much of the area is listed in Continue Reading

Posted On : 13 May 2021 Published By : Tom Whipple
Category:
  • Prices

Crude oil futures edge higher on US stock draw, upbeat global demand forecasts

Crude oil futures inched higher in mid-morning trade in Asia May 12 after the American Petroleum Institute reported a large draw in US crude inventories, with positive demand outlooks from Continue Reading

Posted On : 12 May 2021 Published By : Tom Whipple
Category:
  • Prices

Oil Prices Bolstered By Crude Inventory Draw

The American Petroleum Institute (API) on Tuesday reported a draw in crude oil inventories of 2.533 million barrels for the week ending May 7. Analysts had predicted a draw of Continue Reading

Posted On : 12 May 2021 Published By : Tom Whipple
Category:
  • Prices

Light Crude Ends Session Above $65

Oil rose as a weaker dollar lent support and offset a burgeoning pile up of crude in the USA Gulf Coast. (Bloomberg) — Oil rose as a weaker dollar lent Continue Reading

Posted On : 12 May 2021 Published By : Tom Whipple
Category:
  • Oil Supply

Short-Term Energy Outlook

Forecast Highlights Global liquid fuels The May Short-Term Energy Outlook (STEO) remains subject to heightened levels of uncertainty because responses to COVID-19 continue to evolve. Economic activity has increased significantly after reaching Continue Reading

Posted On : 12 May 2021 Published By : Tom Whipple
Category:
  • Renewables

Renewable Energy Additions Spike To Record High In 2020: IEA

Solar and wind power generation capacity additions last year jumped by as much as 45 percent from 2019 to close to 280 GW, the International Energy Agency said in a Continue Reading

Posted On : 12 May 2021 Published By : Tom Whipple
Category:
  • Aviation

Jet Fuel Demand Rebound Needs Return Of International Flights

Jet fuel demand is slowly recovering from the slump last year, and although the rise in passenger numbers nearly everywhere is encouraging, the meaningful recovery of aviation fuel consumption will Continue Reading

Posted On : 12 May 2021 Published By : Tom Whipple
Category:
  • IEA

IEA sees oil demand recovery outpacing growth in supply

Progress in vaccinating the world against COVID-19 means the world’s economic recovery and demand for oil will outpace the output of top producers, the International Energy Agency (IEA) said on Continue Reading

Posted On : 12 May 2021 Published By : Tom Whipple
Category:
  • Climate

Cities Aren’t Making Climate Investments Where They Matter Most

More cities than ever are implementing measures to fight climate change and mitigate the impact of extreme weather events on their communities, but there’s still a large gap between what’s Continue Reading

Posted On : 12 May 2021 Published By : Tom Whipple

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