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HomeUS Energy News

US Energy News

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Crude Oil News

Two Oil Price Scenarios: One Bad, And One Catastrophic

March 6, 2022 Andy Del Prado

This is the key point that JPMorgan’s commodity strategist Natasha Kaneva makes in a research note earlier today, in which she notes that while the US and its allies have so far stopped short of […]

A crypto mine no-one is quite sure exists
Crypto

Crypto mine may have secretly moved into Colorado amid bitcoin rush

March 6, 2022 Stu Turley

Chapter One: The Mystery OLATHE — Shiny, undulating rows of solar panels cover acres and acres of land in the midst of neatly furrowed, irrigated farmland outside this Western Slope town of 1,800. Exactly what they […]

Crude Oil News

White House Weighs Ban on Russian Oil Imports as Congress Fumes

March 5, 2022 Mariel Alumit

The Biden administration is weighing a ban on U.S. imports of Russian crude oil as Congress races toward passing such a restriction to punish the Kremlin for its invasion of Ukraine. Conversations are taking place […]

Oil rigs in the Cook Inlet oil field of Alaska.
Climate Crisis

Oil and gas lobbyists are using Ukraine to push for a drilling free-for-all in the US – is it the right thing to do?

March 5, 2022 Stu Turley

ENB Publishers note: We like to hear all sides of any discussion. This opinion piece from The Guardian is an interesting viewpoint from the anti-oil point of view. Personally, I believe that we need to […]

Commodities

Will the commitment last from the U.S. importers of Russian oil? Russia can’t find buyers and is lowering prices, but what will it do to world oil prices?

March 4, 2022 Stu Turley

When things could not get any worse in the world’s energy crisis, Putin has successfully pushed the crisis to a whole new level. As I have talked about in the past few weeks, the hypocrisy […]

Soaring Oil Prices Test Resiliency of U.S. Stocks
Finance

Soaring Oil Prices Test Resiliency of U.S. Stocks

March 2, 2022 Mariel Alumit

While American companies face little exposure to the impact of Russian sanctions, global energy markets may be more at risk Western firms appear well insulated against the impact of the sanctions imposed this week on […]

UK
Energy Policy

Ukraine invasion triggers rhetoric for both sides in US energy debate

March 2, 2022 Mariel Alumit

WASHINGTON (Tribune News Service) — Both sides in the debate over how fast the U.S. should shift to renewable energy sources are finding ammunition in Russia’s invasion of Ukraine. Republicans and fossil fuel defenders who […]

Stocks fall, ruble dives as Russia sanctions hit world markets
Finance

Oil prices surge above $100 a barrel as war on Ukraine rages

March 2, 2022 Mariel Alumit

NEW YORK — Oil prices soared and investors shifted more money into ultra-safe U.S. government bonds as Russia stepped up its war on Ukraine. The price of oil surged back above $100 a barrel after […]

High Oil Prices Aren’t Enough To Tempt Shale Producers
Crude Oil News

High Oil Prices Aren’t Enough To Tempt Shale Producers

March 2, 2022 Mariel Alumit

America’s shale industry is looking to ramp up production, but it is facing two major hurdles that could curb its trajectory. Supply chain issues, runaway inflation and a growing labor shortage have hindered the industry’s […]

Chevron Calls On Biden to Support U.S. Oil as Russia Raises Risks
Exploration and Production

Chevron Calls On Biden to Support U.S. Oil as Russia Raises Risks

March 1, 2022 Mariel Alumit

Chevron Corp. said any short-term efforts by the Biden Administration to ease crude prices should be backed up by long-term commitments to support investment in America’s domestic oil industry. President Joe Biden is considering releasing […]

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