The Energy Information Administration has increased its forecast for U.S. oil production this year, projecting an increase of 720,000 barrels per day. While it expects U.S. oil production to increase, the EIA sees demand for […]
ConocoPhillips is set to develop its Nuna field project in Alaska and expects a peak oil rate of 20,000 barrels per day from the site, the company said in a news release. Construction will begin […]
Summer’s coming. That means sunshine, swimming, cookouts — and blackouts. That’s the warning from the North American Electric Reliability Corporation. According to NERC, at least two-thirds of the country is at risk for major power outages […]
Ohio ratepayers will again shell out money for two 1950s-era coal plants next month, following a year of cents-per-month credits. Meanwhile, regulators have yet to rule on years-old challenges to millions of dollars of […]
Daily Standup Top Stories Ukraine war zone villagers flee floods after massive dam destroyed June 6, 2023 Mariel Alumit KHERSON, Ukraine, June 6 (Reuters) – A torrent of water burst through a massive dam on the […]
Hollywood director Oliver Stone believes nuclear power is safe. Period. Full stop. And the war in Ukraine hasn’t changed his thinking. At a time when most scientists agree we need to drastically cut our fossil […]
Oil prices dipped lower today, back to basically unchanged since Saudi’s production cuts were announced as persistent economic uncertainty weighs on the outlook for demand. Saudi Arabia’s production cuts “will take some supply off the […]
Ok, I just love learning from my CEOs, Presidents, and industry thought leaders, and today is no exception. I saw some of Mike’s posts on LinkedIn and was very curious about his theories. On his […]
KHERSON, Ukraine, June 6 (Reuters) – A torrent of water burst through a massive dam on the Dnipro River that separates Russian and Ukrainian forces in southern Ukraine on Tuesday, flooding a swathe of the […]
To me, there’s still decent upside to oil demand. Probably not so much here in the U.S., but globally, I’d argue that “more oil” is a pretty safe bet. Airplanes, heavy trucking, and petrochemicals will […]
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