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Month: September 2021

Category:
  • Oil Supply
  • USA

U.S. Gulf crude oil ramps up after hurricane losses -data

U.S. Gulf Coast crude oil exports are flowing again after recent hurricanes took out 26 million barrels of offshore production, according to sources and Refinitiv Eikon data, with local prices Continue Reading

Posted On : 17 Sep 2021 Published By : Tom Whipple
Category:
  • USA

U.S. House panel to probe oil companies over climate disinformation

U.S. Democratic lawmakers on Thursday asked the chiefs of four major fossil fuel companies and two lobbying groups to testify next month on whether the industry led an effort to Continue Reading

Posted On : 17 Sep 2021 Published By : Tom Whipple
Category:
  • USA

U.S. Economy Shows Resilience During Delta Surge

The U.S. economy is proving resilient in the face of the Delta variant.Americans briskly increased spending at retailers last month, while employers have largely resisted the urge to lay off Continue Reading

Posted On : 17 Sep 2021 Published By : Tom Whipple
Category:
  • Railroads
  • USA

Wildfires and ‘violent’ weather leave railroad giant facing $100m bill

The financial impact of wildfires and heavy rains on the Union Pacific railway so far this year could top $100m, as intensifying effects of climate change brought cascading disruptions to Continue Reading

Posted On : 17 Sep 2021 Published By : Tom Whipple
Category:
  • USA

Los Angeles County Bans Oil And Gas Drilling

In a unanimous vote, Los Angeles County backed a ban on oil and gas drilling, which means some 1,600 active and inactive wells would be shut down, the AP reported Continue Reading

Posted On : 17 Sep 2021 Published By : Tom Whipple
Category:
  • Shale Oil

US oil, gas rig count climbs 6 to 635 as oil drilling hits new post-pandemic high

Highlights Oil rigs up one at 499 Gas rigs climb five to 136 Tellurian plans new Haynesville wells The US oil and gas rig count climbed six to 635 in Continue Reading

Posted On : 17 Sep 2021 Published By : Tom Whipple
Category:
  • Biofuels

Renewable gas producer Archaea surges in debut after SPAC deal

 Shares of Archaea Energy jumped as much as 9.2% on the largest U.S. renewable natural gas producer’s debut on the New York Stock Exchange on Thursday, a sign of rising Continue Reading

Posted On : 17 Sep 2021 Published By : Tom Whipple
Category:
  • Solar
  • USA

The U.S. Is Set To Break Another Solar Record Despite Rising Costs

New solar power capacity additions in the United States are on track to book a record year despite supply chain disruptions that have seen price spikes that have effectively put Continue Reading

Posted On : 17 Sep 2021 Published By : Tom Whipple
Category:
  • Oil Supply
  • USA

28 Percent Of Gulf Of Mexico Oil Production Still Offline Following Ida

Crude oil production in the United States had fallen sharply over the last two weeks in the wake of Hurricane Ida, but production for the next reporting period is on Continue Reading

Posted On : 17 Sep 2021 Published By : Tom Whipple
Category:
  • Natural Gas Supply

El Paso force majeure cuts Permian westbound gas flows, pressuring output and prices

Highlights Westbound Permian flows down 450 MMcf/d since Aug. 15 West Texas gas production down 2% to 12 Bcf/d in September Early-September price spike fuels bullish winter outlook An ongoing Continue Reading

Posted On : 17 Sep 2021 Published By : Tom Whipple

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