An energy-dominant United States means the country is self-reliant and isolated from countries that aim to use energy as a weapon, the energy secretary said. U.S. President Donald Trump is Continue Reading
U.S. crude oil refinery inputs averaged 16.9 million barrels per day during the week ending June 23, 2017, 262,000 barrels per day less than the previous week’s average. Refineries operated Continue Reading
Producers have little choice but to move those extra barrels by train, with costs two to three times higher than pipeline shipping. (Bloomberg) — Call it the pipeline pinch, or Continue Reading
About 300 BP workers commute 150 miles here by helicopter, from the Louisiana coast to a deep-sea drilling platform that can produce more oil in a day than a West Continue Reading
The oil price crash that started in 2014 has affected not only corporate profits and drilling plans. It has had a huge economic impact on the areas around the U.S. Continue Reading
A new report from The Carbon Tracker Initiative analyzed what would happen if the oil market saw demand peak by 2025, a scenario that would be compatible with limiting global Continue Reading
The notion that demand for crude oil will soon peak has largely replaced the idea from a decade ago that crude oil production was about to peak for geological reasons. Continue Reading
A pumping station owned by Tallgrass Energy is pictured in Guernsey, Wyoming, U.S. on January 17, 2017. Picture taken on January 17, 2017. REUTERS/David Gaffen A gallon of gasoline that Continue Reading
Despite a recent reversal, crude oil imports into the United States are up 1.9 percent year-to-date from last year, the American Petroleum Institute reported. API published monthly data from May Continue Reading
In today’s U.S. shale fields, tiny sensors attached to production gear harvest data on everything from pumping pressure to the heat and rotational speed of drill bits boring into the Continue Reading
