South Central gas storage braces for early start to summer withdrawals
Drawdown of 7-10 Bcf expected in week ended July 8 Southeast summer gas demand up 5.3 Bcf/d vs. 2021 Locations east of Henry Hub trade at $5-$6 premiums The US Continue Reading
USA Diesel and Gasoline Demand Slip
Stress lines in oil consumption are continuing to form. Across oil-consuming economies, stress lines in oil consumption are continuing to form amid tight product supplies and high pump prices. That’s Continue Reading
Where Is Gasoline Cheapest in the USA?
The AAA gas prices website has revealed which state has the cheapest average regular gasoline price. The AAA gas prices website has revealed which state has the cheapest average regular Continue Reading
Texas Wind Power Failing When State Needs It Most
Turbines are generating less than a 10th of what they’re capable of. Wind power — a key source of electricity in Texas — is being sidelined just when the Lone Continue Reading
Biden heads to Mideast jittery about Iranian nuclear program
Joe Biden starts the first visit to the Middle East of his presidency with a monumental task: assuring uneasy Israeli and Saudi Arabian officials that he is committed to preventing Continue Reading
U.S. Inflation Reached a New Four-Decade High in June, Economists Estimate
U.S. inflation is estimated to have reached a new four-decade high in June, but falling gasoline prices and discounting at some retailers could be signs of moderating price pressures, economists Continue Reading
Europe on edge as Nord Stream Russian gas link enters shutdown
The biggest single pipeline carrying Russian gas to Germany began annual maintenance on Monday, with flows expected to stop for 10 days, but governments, markets and companies are worried the Continue Reading
London’s Heathrow tells airlines to stop ticket sales as it caps passengers
– London’s Heathrow Airport asked airlines to stop selling tickets for summer departures on Tuesday, after it capped the number of passengers flying from the hub at 100,000 a day Continue Reading
Russia gives exiting firms time by pausing asset seizure law
Moscow’s plan to implement a new law enabling authorities to seize the assets of Western firms leaving the country failed to get through parliament before the summer recess, giving companies Continue Reading
Ukraine ministry: ships passing through Danube Bystre rivermouth
Ukraine’s infrastructure ministry said in a statement Tuesday that 16 ships had passed through the Danube’s newly-reopened Bystre rivermouth in the last four days and that the opening up of Continue Reading