Russian Diesel Exports To U.S. at Three-Year High
Russian exports of diesel to the United States last month hit the highest in three years as typical winter weather drove higher demand for heating and power generation in the Continue Reading
The Next Big Problem For U.S. Shale
U.S. oil production growth picked up the pace in the fourth quarter. A big part of the higher capital spending in the U.S. oil industry will be because of cost Continue Reading
U.S. Senators Want To Put Brakes On LNG Exports To Curb Domestic Energy Bills
A group of Democratic Senators is urging the U.S. Energy Department to take steps to limit U.S. natural gas exports, the record volume of which leave Americans with higher energy Continue Reading
US natural gas storage fields post largest draw of season at 268 Bcf: EIA
Henry Hub futures fall below $5/MMBtu Winter storm looks to drive another 200 Bcf-plus pull Natural gas storage fields across the US posted the largest weekly draw of the heating Continue Reading
Harvard’s $53 Billion Endowment Is Boosting Its Bets on ‘Climate Solutions’
Harvard University in Cambridge, Massachusetts. Harvard University ’s $53 billion endowment said it’s increasing investments in “climate solutions,” while still maintaining less than 2% of assets with indirect exposure to Continue Reading
Latin America’s US oil product imports at pre-pandemic levels despite high prices
Mexico leads with 40% of US product imports in Nov Strong summer demand, heatwaves lift tender activity US refined product exports to Latin America have returned to pre-pandemic levels, and Continue Reading
Increasing snowstorms in Northeast U.S. linked to climate change
Saturday’s tremendous coastal storm pushed a band of heavy snow into southern New England, burying cities under a snowpack up to two feet deep. These near-record snowfall totals continue an astonishing Continue Reading
ADP: Private payrolls fell by 301,000 jobs in January
Private payrolls tumbled by 301,000 in January, posting their biggest drop-off since the onset of the pandemic, as the omicron variant set off a spike in coronavirus cases, according to data released Continue Reading
Summary of Weekly Petroleum Data for the week ending January 28, 2022
U.S. crude oil refinery inputs averaged 15.2 million barrels per day during the week ending January 28, 2022 which was 248,000 barrels per day less than the previous week’s average. Continue Reading
The Electric Truck That Can Power Homes
Ford’s all-electric F-150 Lightning pickup can power homes in a U.S. first offering in which customers will be able to power their homes with an electric truck, the car manufacturer Continue Reading