Surging U.S. fuel demand amid stagnant domestic crude oil production is drawing down American crude inventories at the quickest pace in nearly 40 years. The record-fast decline in U.S. oil Continue Reading
All of the oil (C + C) production data for the US state charts comes from the EIAʼs Petroleum Supply monthly PSM . After the production charts, an analysis of Continue Reading
The point at which oil demand will peak has long been a focus of debate. bp chief economist Spencer Dale and Bassam Fattouh, director of The Oxford Institute for Energy Continue Reading
Oil posted its sixth straight weekly gain, the longest winning streak since December, as the standoff between OPEC+ ministers over output dragged on at the alliance’s full meeting on Friday. Continue Reading
The spotlight on the insurance industry’s support of fossil fuel projects is proving so searing that the names of some of those involved have been scrubbed from the record. Canada’s Continue Reading
Crude oil futures largely held steady July 2 amid optimism that the OPEC+ group would agree to smaller production hikes below market expectations through the end of 2021, although oil Continue Reading
Oil held Thursday’s gain after infighting within OPEC+ delayed a much-anticipated decision on raising output levels, risking an inflationary spike in prices if the group can’t come to an agreement. Continue Reading
It is hardly news any more that heat records are being broken every summer. We knew this would happen in a warming world — and so it has. What is Continue Reading
Opinion by the Editorial Board Americans should get used to terms such as “heat dome” and “megadrought.” The sorts of extreme weather events that experts warned would become increasingly frequent Continue Reading
On Feb. 6, 2020, the mercury stood at 64.9 degrees on a thermometer at Esperanza Base on the Trinity Peninsula at Antarctica. After more than a year of investigation, scientists Continue Reading
