New York To Phase Out New Gasoline Car Sales By 2035
New York State will ban the sale of new fossil fuel-powered cars and trucks by 2035, after Governor Kathy Hochul signed legislation to set a goal that all passenger vehicles Continue Reading
U.S. Imports Of Russian Oil Expected To Soar After Hurricane Ida
The United States is set to import more Russian oil this month and next, sources familiar with the matter told Bloomberg , as American supply of medium sour crudes is Continue Reading
US oil, gas rig count rises 6 to 629 on week; Eagle Ford highest since April 2020: Enverus
Highlights Eagle Ford Shale gains 5 rigs to 48 SCOOP-STACK sees most rigs since April 2020 Permian loses 2 rigs; 4 major plays unchanged The US oil and gas rig Continue Reading
U.S. loans Exxon another 1.5 million barrels of oil from emergency reserve
A logo of the Exxon Mobil Corp is seen at the Rio Oil and Gas Expo and Conference in Rio de Janeiro, Brazil September 24, 2018. REUTERS/Sergio Moraes/File Photo WASHINGTON, Continue Reading
Natural Gas Excluded in Democrats’ Budget Plan for Clean Energy
Natural gas won’t count as clean energy under a House Democratic plan that would eventually rid the electric grid of carbon and is part of the $3.5 trillion tax-and-spending package Continue Reading
Hurricane Ida’s Destruction Adds to Car Market’s Woes
The flooding damage wrought by Hurricane Ida last week is expected to send car owners back to dealerships to replace vehicles. The timing couldn’t be worse. For much of this Continue Reading
Spread of ‘Delta’ COVID-19 knocks wind out of UK economy in July
Britain’s economy unexpectedly slowed to a crawl in July as the Delta variant of COVID-19 spread rapidly after lockdown restrictions were eased and as a ‘pingdemic’ kept many workers at Continue Reading
Star of the Munich Auto Show? The Push for Faster Electrification
DESPITE THE global pandemic and a crippling shortage of silicon chips, German car makers brought a crazy-positive, get-er-done attitude to this week’s opening of the Munich auto show. I guess it’s Continue Reading
UK Power Prices Soar To Records On High Gas Price, Lack Of Wind
High natural gas prices and low wind speeds have created a perfect storm for the day-ahead power prices in the UK, which hit a new record on Wednesday, beating the Continue Reading
Russia completes Nord Stream 2 gas pipeline construction
Russian energy giant Gazprom (GAZP.MM) said on Friday it had finished construction of the Nord Stream 2 gas subsea pipeline to Germany, completing Moscow’s project to increase its gas exporting Continue Reading