Nuclear energy had been falling further and further out of favor amid falling costs for renewable energy installations. But suggestions of its death have been highly exaggerated. The $1-trillion bipartisan deal that the Senate approved […]
Political divisions within House Speaker Nancy Pelosi’s Democratic caucus are widening, threatening to tie up President Joe Biden’s $4.1 trillion economic agenda once it moves out of the Senate. Democratic moderates and progressives in the […]
Low gasoline inventories and reduced refinery capacity raise U.S. retail gasoline prices in the West The average regular retail gasoline price in the Rocky Mountain region (PADD 4) was $3.64 per gallon (gal) on August 2, […]
Gloom and doom are on everyone’s topic boards this morning. Oil is in a major sell-off! This is a “Buy and sell on the news” kind of moment. You can make money in the oil […]
Saudi Aramco is bucking the trend among oil majors by spending the windfall from this year’s surge in energy prices on boosting production capacity rather than increasing returns for shareholders. While Aramco will maintain its hefty […]
The era of cheap natural gas is over, giving way to an age of far more costly energy that will create ripple effects across the global economy. Natural gas, used to generate electricity and heat […]
U.S. energy firms this week added oil and natural gas rigs for the fifth time in six weeks although growth in the rig count over the past few months has slowed as drillers continue to […]
Saudi Arabia raised its September official selling prices for crude oil by between $0.20 and $0.30 per barrel for Asian buyers to a four-month high. This time, however, their move could backfire, writes Bloomberg. The largest oil […]
If the idea of environmental, social and governance (ESG) risks has been well telegraphed, they can still lurk in unexpected parts of your portfolio. That’s the message from a new Morningstar paper, which warns that […]
While the IEA and environmentalists around the world push for decarbonization and the shift to renewable alternatives, not enough is being done to improve carbon capture and storage (CCS) technologies, vital in a transition period […]
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