ENB Publishers Note: I disagree that food prices are tempary. There is nothing to indicate any of the other items to manufacture food will have price decreases. In fact with the energy crisis there will […]
Oil rose after U.S. crude stockpiles fell the most since September and a more hawkish Federal Reserve spurred a broader rally in financial markets on speculation it can slow inflation without derailing growth. Futures in […]
About half of U.S. oil pipeline space is sitting unused, heating up competition for barrels in higher-output areas like the Permian Basin in Texas. Overall U.S. pipeline capacity utilization is at around 50%, compared with […]
There are some things that don’t add up in the world, like the knee-jerk reaction to Omicron, how your wife and kids figured out inflation and asked for more money, and the non-decision of OPEC […]
The OPEC+ meeting that began on Dec. 1 is still technically “in session” 11 days later. Remarkably, perhaps, it’s still short of being the oil producer group’s longest gathering — it has another week to go to beat the one held […]
It seems like “activist” environmentalist investors in Exxon simply aren’t ever going to be happy. A group of these investors is now urging Exxon to replace its CEO and move even quicker to slash greenhouse gasses, […]
Texas will soon enter its first winter after last February’s statewide blackouts caused by a winter storm. The state has undergone significant reforms of its power grid, natural gas supply chain, and electricity market in […]
A group of 15 state fiscal officers, including Texas Comptroller Glenn Hegar, signed a letter to U.S. banks threatening to pull $600 billion in funds from entities that spurn fossil fuel industry financing. “At a […]
Devon and WPX Energy completed their combination in January Oil producer’s stock price has risen about 185% this year Devon Energy Corp.’s rank-and-file workers are in for a surprise holiday treat: $10,000 bonus checks. In […]
Source: U.S. Energy Information Administration, Electricity Monthly Update and Monthly Energy Review Coal stockpiles at U.S. electric power plants totaled 80 million tons at the end of September, the lowest monthly level since March 1978. As U.S. coal plants […]
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