Oil prices could hit $100 per barrel over the next six months if we have a colder-than-usual winter, which could be the most important driver of global energy markets in the coming months, Bank of America […]
There are some topics that are important to me are around the Dispraportantly Impacted Countries and Communities. Energy policies around the world seem to be written with emotion rather than a holistic look to a […]
U.S. oil demand continues its upward trajectory—reaching a record high last week–while product inventories have fallen to the lowest levels in three years. If the demand trend holds, oil prices have room to rise even […]
Phillips 66 may idle a New Orleans-area refinery that suffered so much damage during Hurricane Ida that repairs may be too costly, according to people familiar with the operation. Chief Executive Officer Greg Garland is […]
Energy companies that compensate employees by the day – be it $200 or $1,000 – must still pay those people overtime because they are not considered exempted salaried personnel under the strict wording of the […]
A natural gas trade known as the widowmaker because of its volatility is once again in focus amid concerns about the level of U.S. inventories as the country get closer to winter. The spread between […]
Stronger hurricanes threatening the U.S. Gulf Coast energy hub are elevating the risks of oil spills from damage to area refineries, oil platforms, and subsea pipelines, say experts. On Monday, the U.S. Coast Guard said […]
Source: U.S. Energy Information Administration, Drilling Productivity Report Based on our latest Drilling Productivity Report (DPR), 5,957 drilled but uncompleted wells (DUCs) were in the United States in all DPR regions in July 2021, the lowest for any month […]
Earlier this year, as oil prices recovered from their pandemic lows and oil-producing companies miraculously stuck to their pledged production cuts, headlines were flooded with semi-alarmist speculation about painfully high gas prices coming down the […]
Oil in New York posted its second weekly gain as the impact of Hurricane Ida continues to snarl U.S. oil production, though prices edged lower Friday following a weak U.S. jobs report. West Texas Intermediate […]
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