API Sees Crude, Product Inventory Builds
The American Petroleum Institute (API) reported a build this week for crude oil of 1.035 million barrels, while analysts predicted a bigger build of 2.321 million barrels. The build comes Continue Reading
US oil, gas leasing faces another hurdle as Dems float bill to align policy with climate goals
Highlights Bill calls for regularly updated emissions reduction strategy Republicans say it ‘triples down’ on high energy costs Democratic US House members Sept. 20 sought another pause on federal oil Continue Reading
John Kerry Sees Frozen US-China Climate Talks Possibly Resuming
There’s still room for progress on climate talks with China despite its suspension of global warming discussions with the US, John Kerry said on Tuesday. Kerry, the US special presidential Continue Reading
Electric-Car Demand Pushes Lithium Prices to Records
Demand for lithium is expected to outpace global supply as consumers switch to battery-powered vehicles. With China currently leading in processing of the vital raw material, the U.S. government is Continue Reading
U.S. Gas Prices End Streak of Declines Just Short of 100 Days
A 99-day stretch of declines in the average U.S. national gasoline price came to an end on Wednesday, a sign that the effect of falling fuel costs, which have recently Continue Reading
Electric planes could be in the skies by 2028. But big hurdles remain.
For years, scientists have clamored for quiet, climate-friendly airplanes that rely on batteries instead of jet fuel. Now, they’re closer to putting them into the skies. A handful of airlines, Continue Reading
Major Fire Breaks Out At BP Refinery In Ohio
A fire broke out at a refinery operated by BP in Toledo, Ohio, on Tuesday, with two people injured, according to a spokeswoman for the company. The refinery was shut Continue Reading
U.S. Senator Manchin to unveil energy permitting measure on Wednesday
U.S. Senator Joe Manchin will unveil his full energy permitting bill on Wednesday to speed fossil fuel projects and offer incentives for renewable energy electricity transmission, legislation that faces an Continue Reading
Hertz Plans to Buy 175,000 Electric Vehicles From GM Over Five Years
Hertz Global Holdings Inc. plans to buy as many as 175,000 electric vehicles from General Motors Co. over the next five years, the latest major step by the rental giant Continue Reading
Biden to Skip United Nations Meeting as Climate Change Moves to ‘Back Burner’
President Joe Biden is set to miss a United Nations roundtable on climate action Wednesday afternoon in New York, stoking concern that other G-7 leaders will also forgo the session Continue Reading