The U.S. may be heading into winter with the lowest stockpiles of heating oil to meet surging demand in more than two decades. Inventories of distillates — used as diesel Continue Reading
The Coast Guard’s unified command said it couldn’t comment on continuing investigations. “The investigating agency is analyzing electric charting systems from its vessel traffic service to see what ships were Continue Reading
The U.S. has battled with its abandoned oil well problem for years, with experts suggesting there are anywhere between 2 and 3.2 million abandoned wells across the country. Unplugged wells Continue Reading
The Automotive Monthly Metals Index (MMI) held flat for this month’s reading, as U.S. auto sales slumped in Q3. US auto sales slip in Q3 General Motors reported its third-quarter Continue Reading
Tesla Inc. TSLA 1.39% is moving its headquarters to Austin, Texas, cementing Chief Executive Elon Musk’s commitment to the Lone Star State and adding to a handful of Silicon Valley companies that have relocated there. Continue Reading
Volatility in U.S. natural gas futures jumped to a record on Tuesday on the back of an energy crunch in major world markets that has sent prices soaring globally. Natural Continue Reading
U.S. Energy Secretary Jennifer Granholm said on Wednesday that tapping the country’s emergency oil stash is being mulled by the administration to cool gasoline prices that have hit seven-year highs Continue Reading
A Unified Command team has identified the source of the oil leak offshore California. A Unified Command team that includes the U.S. Coast Guard, the California Department of Fish and Continue Reading
A massive cargo ship made a series of unusual movements while anchored in the closest spot to a Southern California oil pipeline that ruptured and sent crude washing up on Continue Reading
Democratic members of Congress from California seized on the oil spill off the state’s coast to promote federal legislation to ban all offshore oil drilling, as investigators searched for what Continue Reading
State and federal officials will deploy hundreds of more people to help respond to the oil spill off the coast of Orange County, Calif., Gov. Gavin Newsom said Tuesday. Mr. Newsom, who Continue Reading
The Biden administration began defining its China trade policy Monday, saying it aims to launch new talks with Beijing but will keep existing tariffs in place, while also restoring the Continue Reading
Canada on Monday formally invoked a 1977 treaty with the United States to request bilateral negotiations over Enbridge Inc’s (ENB.TO) Line 5, escalating a long-running dispute over one of Canada’s Continue Reading
Regional natural gas markets in the United States are seeing prices for this winter surge along with global record highs – suggesting that the energy bills causing headaches in Europe Continue Reading
The weekend oil leak along the Southern California coast happened not far from the site of the catastrophe more than a generation ago that helped give rise to the modern Continue Reading
Some residents, business owners and environmentalists questioned whether authorities reacted quickly enough to contain one of the largest oil spills in recent California history, caused by a suspected leak in Continue Reading
Major Oil Spill Hits California Coast The owner of a pipeline at the heart of California’s worst oil spill in almost 30 years is investigating the disaster site with a Continue Reading
A large oil spill continued to spread across the coastal waters of Southern California on Monday, shutting down miles of beaches, closing the region’s busiest leisure port, threatening wetlands and wildlife, and Continue Reading
Thanks to higher natural gas prices, U.S. oil producers are generating a larger share of their revenues from natural gas. The share of natural gas in revenues jumped to 14 Continue Reading
All of the oil (C + C) production data for the US state charts comes from the EIAʼ’s Petroleum Supply monthly PSM . After the production charts, an analysis of Continue Reading
An oil slick believed to have originated from a pipeline leak has hit Huntington Beach, closing a stretch of beach and raising grave wildlife and environmental concerns. The final day Continue Reading
1 of 44 Cleanup contractors unload collected oil in plastic bags trying to stop further oil crude incursion into the Wetlands Talbert Marsh in Huntington Beach, Calif., Sunday, Oct. 3, Continue Reading
The U.S. Department of Justice is investigating suspected manipulation of energy pricing benchmarks published by S&P Global Platts, expanding the agency’s crackdown on misconduct in the global commodities market, according Continue Reading
Unrelenting and unprecedented, back-to-back Atlantic hurricane seasons have punished the Gulf and East coasts of the United States. An unsurpassed 49 named storms have formed over the warming Atlantic waters Continue Reading
New infrastructure and social bills will go up for a vote in the United States this Thursday – but what impact will they have on climate change and oil and Continue Reading
Summary of Weekly Petroleum Data for the week ending September 24, 2021 U.S. crude oil refinery inputs averaged 15.4 million barrels per day during the week ending September 24, 2021 Continue Reading
Opportunities to play in the bull market for commodities have been heavily lopsided in favor of deep-pocketed traders while the smaller fries have been left in the cold With a Continue Reading
Europe’s gas crisis is crushing businesses and weighing on the region’s entire economy. U.S. LNG producers are looking to capitalize on soaring global natural gas prices According to one energy Continue Reading
Crumpets Could Become Victim of U.K. Energy Crisis If there’s any country that might’ve been in a position to rescue Europe from its energy crisis, it’s the U.S. — home Continue Reading
The United States announced last week that it would soon open its doors to foreign travelers vaccinated against the coronavirus, loosening restrictions for broad swaths of global visitors for the first Continue Reading
Snow covered transfer lines leading to storage tanks at the Dominion Cove Point Liquefied Natural Gas (LNG) terminal in Lusby, Maryland, March 18, 2014. REUTERS/Gary Cameron/File Photo Sept 28 (Reuters) Continue Reading
Hurricane Sam could still make landfall on the U.S. East Coast in the middle of this week. Hurricane Sam, though currently forecasted to be less intense than previous storms this Continue Reading
The U.S. oil production outlook is set to grow over the next five years, according to GlobalData. The U.S. oil production outlook is set to grow over the next five Continue Reading
Europe’s Energy Crunch Goes Global John Arnold, the billionaire philanthropist who made his fortune betting on natural gas prices, says the energy crisis in Europe should serve as a cautionary Continue Reading
Nike Inc. doesn’t have enough sneakers to sell for the holidays. Costco Wholesale Corp. is reimposing limits on paper towel purchases. Prices for artificial Christmas trees have jumped 25% this season. Despite mounting shipping delays and cargo backlogs, Continue Reading
Big oil could help tackle the water shortage in the western United States by repurposing existing infrastructure to help transport clean water to the areas most in need. Innovations such Continue Reading
The U.S. might have a trade deficit overall, but when it comes to energy, trade is in surplus land for the first time – ever. A new milestone has been Continue Reading
Syncrude Canada Ltd. , a light crude producer majority-owned by Suncor Energy Inc. , cut September supplies due to a mechanical disruption at its oil sands site, according to a Continue Reading
U.S. oil refiners hunting to replace storm-lost U.S. Gulf of Mexico crude have been turning to Iraqi and Canadian oil, while Asian buyers have been pursuing Middle Eastern and Russian Continue Reading
Florida’s version of the American dream, which holds that even people of relatively modest means can aspire to live near the water, depends on a few crucial components: sugar white Continue Reading
Exxon Mobil Corp. , Chevron Corp. and ConocoPhillips are among companies failing to report all their tax payments despite being members of the Extractive Industries Transparency Initiative, the global anti-corruption Continue Reading
The Biden administration is seeking more information from companies struggling with the global shortage of semiconductors, an effort designed to increase transparency in supply chains and ease bottlenecks. The request Continue Reading
The Biden administration will finalize its first new climate rule Thursday, slashing the use of greenhouse gases warming the planet at a rate hundreds to thousands of times higher than Continue Reading
Prime Minister Justin Trudeau’s narrow election victory this week reinforced Canada’s commitment to reach net-zero greenhouse gas emissions by 2050, but workers in the country’s sizable fossil fuel sector said Continue Reading
Three months after the last meeting to negotiate a revival of the nuclear agreement between Iran and world powers, it remains unclear if and when the talks in Vienna will Continue Reading
Biden Pledges to Give $11 Billion to Fight Climate Change President Joe Biden’s pledge to double the money the U.S. will spend helping poorer nations fight climate change is drawing Continue Reading
Rising U.S. oil consumption this year has led to crude oil inventories in Cushing, Oklahoma, dropping by as much as 42 percent so far this year, the Energy Information Administration Continue Reading
Enbridge Inc.’s rationing of its heavy oil pipelines plummeted in October ahead of the imminent start up of the company’s newest export conduit to the U.S. The company curtailed its Continue Reading
Ida is poised to join Katrina, Sandy, Harvey and Irma on the list of the top five costliest hurricanes as measured by insured losses. Estimates of Ida’s damage have continued to Continue Reading
COVID-19 has now killed about as many Americans as the 1918-19 Spanish flu pandemic did — approximately 675,000. The U.S. population a century ago was just one-third of what it Continue Reading
