The U.S. surpasses 40 million known coronavirus cases.
More than 40 million cases of the coronavirus have been recorded in the United States, according to a New York Times database. The total number of known infections, more than Continue Reading
Climate Czar Kerry Fails To Clinch Climate Deal With China
China and the US have failed to reach a climate agreement after Biden’s climate envoy John Kerry pushed Beijing to make more public pledges before a UN climate summit in Continue Reading
U.S. offshore oil output lags as Louisiana refiners restart after Ida
Damages to oil production facilities in the U.S. Gulf of Mexico on Sunday kept output largely halted a week after Hurricane Ida made landfall, according to offshore regulator the Bureau Continue Reading
Until 2023? Parts shortage will keep auto prices sky-high
Back in the spring, a shortage of computer chips that had sent auto prices soaring appeared, finally, to be easing. Some relief for consumers seemed to be in sight. That Continue Reading
Who’s To Blame For High Gas Prices?
Earlier this year, as oil prices recovered from their pandemic lows and oil-producing companies miraculously stuck to their pledged production cuts, headlines were flooded with semi-alarmist speculation about painfully high Continue Reading
The U.S. Power Grid Is At Risk Of Catastrophic Failure
Future electricity systems must be made more resilient Prolonged blackouts in Louisiana following Hurricane Ida are a reminder the power grid needs to become more resilient as well as reliable Continue Reading
Car Sales Slump As Chip Shortage Continues
The Automotive Monthly Metals Index (MMI) fell by 1.4% for August’s MMI reading. US auto sales Ford Motor Co. reported its August retail sales increased by 6.5% from the previous Continue Reading
1.607 million b/d of oil production offline in US Gulf of Mexico: BSEE
Highlights 88% of oil, 83% of gas still offline: BSEE Port Fourchon tenants given access to facilities Marathon, ExxonMobil restarting plants A week after Hurricane Ida made landfall, 1.607 million Continue Reading
What Are Biden’s Real Priorities For U.S. Oil?
Americans are paying the most expensive Labor Day weekend gasoline prices since 2014 amid constrained stock levels and high benchmark crude oil prices. The end of the U.S. driving season Continue Reading
U.S. employers added 235,000 jobs in August, a marked slowdown.
The American economy slowed abruptly last month, adding 235,000 jobs, a sharp drop from the huge gains recorded earlier in the summer and an indication that the Delta variant of Continue Reading