A new report from Earth Scientist David Hughes seriously undermines rosy long-term forecasts made by the U.S. Energy Information Administration (EIA) for U.S. oil and natural gas from shale deposits Continue Reading
Ford Motor Co. reported November U.S. sales increased by 5.9% year over year to 158,793 vehicles. Total truck sales increased by 4.6%. Meanwhile, SUV sales increased by 20.8% and electrified Continue Reading
The Environmental Protection Agency has proposed reducing the amount of biofuels that oil refiners are mandated to add to petroleum fuels in a bid to provide some breathing space to Continue Reading
Global oil demand could see downside risks due to the Omicron variant, the U.S. Energy Information Administration (EIA) said on Tuesday, slashing its world oil consumption forecasts for both 2021 Continue Reading
Highlights House bill would ban exports, limit FERC approvals Green groups highlight winter gas prices in DOE challenge Environmentalists have stepped up opposition to US LNG export facilities, backing restrictive Continue Reading
US refiners will need to provide ever higher volumes of renewable fuels or pay for ever greater amounts of renewable fuel credits to meet the latest proposed fuel blending standards Continue Reading
U.S. President Joe Biden on Wednesday will sign an executive order vowing to transition to the acquisition of only zero-emission vehicles by 2035 for the federal vehicle fleet, the White Continue Reading
Oil traders are scooping up options contracts that would pay out if U.S. crude futures plummet against international benchmark Brent, a signal that some believe the Biden administration could intervene Continue Reading
Lowers Q1 Henry Hub spot gas price forecast by 66 cents Q4 gas marketed production estimate rises by 0.74 Bcf/d LNG export growth continues into 2022 The US Energy Information Continue Reading
The Biden administration proposed on Tuesday a reduction in the amount of biofuels that U.S. oil refiners were required to blend into their fuel mix since the onset of the Continue Reading
