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
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
U.S. Refiners May Soon Purchase More Canadian Crude
Canada’s benchmark heavy oil price could soon see a boost as U.S. refiners are expected to return to buying large volumes of Canadian crude once the massive releases from the Continue Reading
U.S. senators want secondary sanctions on Russian oil
Democratic and Republican senators urged U.S. President Joe Biden’s administration on Tuesday to impose secondary sanctions on international banks to strengthen a price cap G7 countries plan to impose on Continue Reading
U.S. Shores Up Ukraine Aid as Energy Crisis in Europe Looms
In promising Ukraine billions of dollars in long-term military aid, the Biden administration is seeking to prove that U.S. support in the war can outlast Russia’s determination. Rallying American lawmakers Continue Reading
U.S. road travel fell 3.3% in July as gas prices remain high
U.S. vehicle travel in July fell 3.3% to 286.6 billion miles, the second consecutive monthly decline in American driving in the face of high fuel prices, the U.S. Transportation Department Continue Reading
U.S. to sell up to 10 mln bbls of oil from SPR for Nov. delivery
The U.S. Energy Department said on Monday it will sell up to 10 million barrels of oil from the Strategic Petroleum Reserve, for delivery in November, extending the timing of Continue Reading
Gasoline Prices See Longest Downward Streak Since 2015
U.S. gasoline prices fell for the fourteenth week in a row, according to a Monday note from GasBuddy. The national average gallon of regular gasoline fell 3.9 cents from a Continue Reading
A Natural Gas Shortage Is Looming For The U.S.
As natural gas demand around the world breaks new records, U.S. shale producers are struggling to keep up with demand. While natural gas prices in the United States fell after Continue Reading