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HomeAuthorsMariel Alumit

Articles by Mariel Alumit

Biden
Crude Oil News

DAVID BLACKMON: There’s Only So Much Joe Biden Can Do To Kill Oil And Gas — And Thank Goodness For That

January 4, 2024 Mariel Alumit

One of the frequent boasts then-candidate Joe Biden made during his 2020 run for the presidency was that his administration would mount a frontal assault on the domestic oil and gas business, outlaw hydraulic fracturing […]

Copper
Critical Minerals

Copper could skyrocket over 75% to record highs by 2025 — brace for deficits, analysts say

January 4, 2024 Mariel Alumit

Copper is headed for a price spurt over the next two years, as mining supply disruptions coincide with higher demand for the metal. Rising demand driven by the green energy transition and a decline in […]

Crude Oil News

Talos Energy begins early oil, natural gas production at two U.S. Gulf of Mexico discoveries

January 4, 2024 Mariel Alumit

The Lime Rock and Venice wells were brought safely online in late December 2023 and have achieved an initial combined gross production rate of over 18,500 boed, averaging about 45% oil and 55% liquids. The […]

Crude Oil News

Oil prices gain 3% on supply concerns after oilfield shutdown in Libya

January 4, 2024 Mariel Alumit

Yahoo Finance NEW YORK (Reuters) –Oil prices climbed about 3% on Wednesday after a disruption at Libya’s top oilfield added to fears that tensions in the Middle East could reduce global oil supplies. Brent futures […]

Crude Oil News

OPEC+ to resume regular oil market monitoring meetings in February after fresh production cuts

January 4, 2024 Mariel Alumit

World Oil (Bloomberg) – OPEC+ will resume its regular oil market monitoring meetings with an online session early next month, delegates said. The Joint Ministerial Monitoring Committee, which includes group leaders Saudi Arabia and Russia, […]

Crude Oil News

“Oil Five” sovereign wealth funds pass $4 trillion mark

January 4, 2024 Mariel Alumit

Oil Price The sovereign wealth funds of the Gulf Cooperation Council members topped $4 trillion last year, which was an all-time high. Called the “Oil Five”, the group of top sovereign wealth funds includes three […]

Lithium
Critical Minerals

Commentary – Lithium Prices: What They Tell Us About the Popularity of Electric Vehicles – Jim Warren

January 3, 2024 Mariel Alumit

The online database, Trading Economics, indicates that in June 2023 the global price for lithium had risen to $59,212 per tonne. But by November it had fallen by more than half to $27,218. Prices have […]

Libya
Crude Oil News

Libya’s largest oil field halts production followings protests

January 3, 2024 Mariel Alumit

(Bloomberg) – Libya’s largest oil field halted production after protesters entered the facility, according to a person with direct knowledge of the operations. Libya’s Sharara oil field The country’s National Oil Corp. had warned earlier […]

Grid
Energy Crisis

The Needs of the Grid Are Changing — Our Infrastructure Must Change With Them

January 3, 2024 Mariel Alumit

When I bought my first home — a 50-year-old fixer-upper ­in a small town — I couldn’t run my hair dryer and the microwave at the same time without tripping a circuit. I had to […]

EPA
Climate Crisis

Expect Legal Challenges to New EPA Rules on Emissions

January 3, 2024 Mariel Alumit

The U.S. Environmental Protection Agency (EPA) in May 2023 published a proposed rule that would establish new source performance standards (NSPS) and existing source performance standards (ESPS) for greenhouse gas (GHG) emissions from new, modified, reconstructed, and […]

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