Shortages of staff and supplies are weighing on the recovery of US oilfields, derailing hopes that Texas drillers could unleash gushers of crude to help bring soaring global prices under Continue Reading
U.S. jobs and wages probably kept growing robustly in March and a key inflation measure may have reached a new 40-year high, reports that could push the Federal Reserve toward Continue Reading
Since Monday, the national average for a gallon of regular gasoline has decreased by two cents to $4.23. According to new data from the Energy Information Administration (EIA), total domestic Continue Reading
Powerful clouds of the greenhouse gas methane have been observed by satellite near a coal-mining basin in Alabama, highlighting an often overlooked climate impact from the dirtiest fossil fuel. Since Continue Reading
California diesel prices climbed 52.5 cents a gallon this week in the San Francisco Bay market because of a hydrotreater outage at Chevron Corp’s (CVX.N) Richmond, California, refinery, said West Continue Reading
Gas Prices Top $6 Per Gallon in California California Governor Gavin Newsom’s proposal to give $400 to every car owner to offset record-high gasoline prices has prompted criticism that it Continue Reading
The Biden administration is preparing sanctions targeting Russian companies it says provides goods and services for the military and intelligence services, including dual-use components used in weapons proliferation, U.S. officials Continue Reading
The U.S. is ramping up shipments of liquefied natural gas to Europe this year as the continent mounts a world-wide hunt for new supplies to phase out its reliance on Continue Reading
Frigid temperatures forecast for Midwest, Northeast Final storage pull now expected in EIA’s April 1 report NYMEX prompt-month gas futures top $5.50/MMBtu Frigid weather across the US Midwest and the Continue Reading
The US Energy Information Administration (EIA) published its Annual Energy Outlook (AEO) 2022 on March 3. figure 1 Three scenarios are shown in the chart above for a low oil Continue Reading
