Get Ready For $5 Gasoline
Get ready for $5 per gallon gasoline – especially if you live in California. At least, that was the contention of a new WSJ op-ed that claims higher taxes and Continue Reading
Mexican National Oil Company to Run USA Refinery
Pemex, whose holdings include six refineries in Mexico, will become the sole owner of a seventh refinery – in the United States. An article about the development last week garnered Continue Reading
US March Oil Production Rebounds Strongly From Winter Storm Low
All of the oil (C + C) production data for the US state charts comes from the EIAʼs Petroleum Supply monthly PSM . The charts below are updated to March Continue Reading
Intel reiterates chip supply shortages could last several years
Intel Corp’s (INTC.O) CEO said on Monday it could take several years for a global shortage of semiconductors to be resolved, a problem that has shuttered some auto production lines Continue Reading
White House gives GOP 1 week to reach deal on infrastructure
Transportation Secretary Pete Buttigieg said Sunday time is running short for a bipartisan deal on infrastructure, indicating that President Joe Biden will look to act without Republican support if there Continue Reading
Canada’s Largest Pension Funds Stick To Lucrative Oil Sands Bets
Canada’s oil sands industry is too carbon-intensive for the environmental, social, and governance (ESG) targets of some of the world’s largest institutional investors. But not for Canada’s own pension funds. Continue Reading
Gas Is Going To $5 Per Gallon: First In California, Then Across The Country
Get ready for $5 per gallon gasoline – especially if you live in California. At least, that was the contention of a new WSJ op-ed that claims higher taxes and environmental regulations Continue Reading
Colonial Pipeline says experiencing network issues
Colonial Pipeline, the nation’s largest fuel pipeline, on Friday said it was experiencing network issues, just weeks after a ransomware attack crippled fuel delivery for several days in the United Continue Reading
U.S. crude output soars 14.3% in March -EIA
U.S. crude oil output jumped 14.3% to 11.2 million barrels per day (bpd) in March from 9.8 million bpd in February, the U.S. Energy Information Administration (EIA) said in its Continue Reading
Hydrogen ‘a huge opportunity’ to replace fossil fuels, says U.S. energy secretary
U.S. Energy Secretary Jennifer Granholm on Friday called hydrogen “a huge opportunity” for the oil and gas sector to reduce greenhouse gas emissions. Granholm visited an Air Liquide facility in Continue Reading