New vehicles must average 40 mpg by 2026, up from 28 mpg
New vehicles sold in the U.S. will have to average at least 40 miles per gallon of gasoline in 2026, up from about 28 mpg, under new federal rules unveiled Continue Reading
Fire and rain: West to get more one-two extreme climate hits
The one-two punch of nasty wildfires followed by heavy downpours, triggering flooding and mudslides, will strike the U.S. West far more often in a warming-hopped world, becoming a frequent occurrence, Continue Reading
Atlantic Set for Another Wild Hurricane Season, AccuWeather Says
Hurricane Ida hits New Orleans, Louisiana, U.S., in 2021. Another active hurricane season is in store for the Atlantic, with between 16 and 20 storms named across the basin by Continue Reading
U.S. March Jobs Report Shows Strong Hiring Momentum
The monthly jobs report reveals key indicators about the labor market and the overall state of the economy, but it doesn’t show the entire picture. WSJ explains how to read Continue Reading
Amazon, Alphabet and Others Are Quietly Rolling Out Drone Delivery Across America
Every day, millions of sailors, truck drivers, longshoremen, warehouse workers and delivery drivers keep mountains of goods moving into stores and homes to meet consumers’ increasing expectations of convenience. But Continue Reading
As Gas Prices Soar, Biden’s Climate Ambitions Sputter
A year after he entered the White House with a vow that fighting global warming would be a driving priority for his administration, President Biden finds his climate agenda is Continue Reading
Biden’s SPR Release Sends Oil Prices Below $100
The unprecedented decision by Biden to release 180 million barrels of oil from the country’s strategic petroleum reserve over the next six months has sent oil prices below $100. While Continue Reading
U.S. Oil Demand Has Been Vastly Overestimated
Weekly U.S. oil demand data by the Energy Information Administration has been significantly overestimated. The weekly demand estimates in March already showed that recent demand strength has been easing off. Continue Reading
U.S. Rig Count Ticks Higher As Permian Drillers Lead The Charge
The number of total active drilling rigs in the United States rose by 3 this week. Permian rig count rose by 4 this week. Gas rig count rose by 1 Continue Reading
Steel Shortage Adds To U.S. Shale Drillers’ Woes
War in Ukraine affects steel goods exports from both Ukraine and Russia. Shortage of steel tubing for wells has become the latest production constraint for U.S. shale. For U.S. oil Continue Reading