In a move that likely angered his environment-conscious base, the White House has issued a muted request for U.S. oil companies to increase crude oil production in the wake of high crude oil and gasoline […]
Ok, being an oilman all of my life, I have never seen a pricing matrix mess like the one the world is facing now. OPEC had lost its iron fist control over pricing, and only […]
NEW YORK/LONDON, Feb 28 (Reuters) – The Russian ruble hit record lows on Monday while world stocks slid and oil prices jumped after the West ramped up sanctions against Moscow over its invasion of Ukraine, […]
Headline trading on the forward freight agreement markets and uncertainty on the physical voyage charter sector were the first impacts on the Americas tanker markets from Russia’s military invasion of Ukraine. Since the level of […]
Diamondback Energy Inc. Chairman and CEO Travis Stice said the shale driller will maintain flat production in the Permian Basin this year. The Texas wildcatters that launched the U.S. shale boom are resisting the temptation to pump […]
The Biden administration is delaying decisions on new oil and gas leases and permits after a Louisiana federal judge blocked officials from using higher cost estimates of climate change when making rules for polluting industries. The leasing […]
Less than two years after the price of oil briefly plummeted to roughly negative $37 a barrel, an oil boom is underway in America—even in places where drilling was all but abandoned two years ago. “Private oil […]
Source: U.S. Energy Information Administration, Natural Gas Pipeline Projects Tracker Note: We consider only pipeline projects under Federal Energy Regulatory Commission jurisdiction as interstate capacity. A total of 7.44 billion cubic feet per day (Bcf/d) of interstate natural […]
REAL TIME ECONOMICS Sign up for the WSJ e-mail reports and subscription. From Russia With Love The global economy has one more disruption to deal with. Russia’s decision to deploy troops to two breakaway Ukrainian […]
On Feb. 28, 2022, the U.S. Supreme Court will hear oral arguments in West Virginia v. EPA, a case that centers on the U.S. Environmental Protection Agency’s authority to regulate greenhouse gas emissions that drive climate […]
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