The United States is exporting millions of barrels of oil from its emergency oil reserves to Europe and Asia. “The SPR remains a critical energy security tool to address global Continue Reading
While gasoline prices are still $1.50 higher per gallon than they were this time last year, they fell sharply overnight in what was the largest one-day drop in nearly 15 Continue Reading
Since Monday, the national average for a gallon of regular gasoline has decreased by a nickel to $4.75. According to new data from the Energy Information Administration (EIA), gas demand Continue Reading
U.S. natural gas futures jumped about 14% on Thursday to their highest in a week, supported by a much smaller-than-expected storage build last week as power generators burned lots of Continue Reading
Concerns about safety, including on public transportation, have contributed to a reluctance to go back to the office. Soon after a gunman shot and killed a Goldman Sachs Inc. employee Continue Reading
Commercial crude stocks climb 8.23 million barrels Refinery demand drops 230,000 b/d Gasoline stocks draw ahead of July 4 holiday US crude oil inventories realized a counter-seasonal build during the Continue Reading
Deficit to five-year average trimmed to 12.2% Injection undershot survey expectations of 73 Bcf NYMEX Henry Hub August soars in post-report trading US natural gas working stocks rose by 60 Continue Reading
U.S. employers likely downshifted their pace of hiring in June, but to a level that remains solid despite fears that the economy faces the growing risk of a recession . Continue Reading
Democratic leaders are racing to finalize a revised proposal to tackle climate change and jump-start the nation’s transition to clean energy, part of a larger sprint to strike a deal Continue Reading
Highlights Triple-digit high temperatures forecast Day-ahead trading up sharply Power burn likely above five-year average The Electric Reliability Council of Texas on July 7 forecast record peakloads July 8-12, as Continue Reading
