Daily Standup Top Stories Court blocks Biden admin’s ban on new LNG exports – Is this because of the Chevron Deferenence Supreme Court Decision? July 1, 2024 Stu Turley A federal judge issued a ruling Monday […]
July 1 (Reuters) – Oil prices climbed about 2% on Monday on hopes of rising demand during the Northern Hemisphere’s peak summer driving season and worries that OPEC+ production cuts could result in supply deficits […]
NEW YORK, May 28 (Reuters) – Oil prices gained more than $1 a barrel on Tuesday on the expectation that OPEC+ will maintain crude supply curbs at its June 2 meeting, while the start of […]
With summer vacation season winding down in August, the national average for a gallon of gas awoke from a months-long slumber, surging 13 cents in the last week of July to $3.71, says AAA. The […]
Update: Well, we nailed it in the preview – President Trump blamed OPEC, blamed Big Oil (and its greed), blamed local gas stations (naively claiming that “gas prices should reflect the cost of a barrel […]
US natural gas prices across the cash and futures markets dropped in Oct. 7 trading amid looser supply-demand dynamics that have put US gas storage on track to potentially see the largest weekly injection on […]
Ongoing supply chain woes could push oil prices back to $100 per barrel. Analysts estimate gasoline prices could return to $5 per gallon. Biden’s ability to continue pouring oil onto the markets to keep gas […]
American Fuel & Petrochemical Manufacturers (AFPM) President and CEO Chet Thompson sent a letter to Congressional leadership—Speaker Nancy Pelosi, Senate Majority Leader Chuck Schumer, Senate Minority Leader Mitch McConnell and House Minority Leader Kevin McCarthy—urging […]
European gas prices surged in early trading on Aug. 22 following the announcement late Aug. 19 by Russia’s Gazprom that it would close the Nord Stream pipeline completely for three days of maintenance on Aug. […]
Responding to President Joe Biden’s call for an explanation of soaring petroleum prices and surging industry profits, oil and gas executives will visit the White House tomorrow for an emergency meeting with Energy Secretary Jennifer […]
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