MEXICO CITY, Oct 10 (Reuters) – Mexico’s state-owned Pemex’s new oil refinery is processing crude at about 80% of its capacity, the country’s president said on Thursday, an amount that marks a big jump from […]
Weekly Daily Standup Top Stories Georgia’s Clean Energy Outpaces Fossil Fuels with New Nuclear Boost September 22, 2024 Stu Turley For the first time ever, the U.S. state of Georgia has more clean power than hydrocarbon […]
Daily Standup Top Stories Is driving electric now more expensive than petrol or diesel? September 23, 2024 Mariel Alumit Britain’s public charging network is facing criticism for high costs, making electric vehicle (EV) driving potentially twice […]
Britain’s public charging network is facing criticism for high costs, making electric vehicle (EV) driving potentially twice as expensive as using petrol or diesel cars. The UK now has over 12,500 rapid and ultra-rapid charging […]
OPEC argues that taxes on gasoline are a more significant factor in pump prices than the cost of crude oil. The organization claims developed nations earn more from gas taxes than OPEC does from oil […]
Daily Standup Top Stories Oil Markets Are Ignoring Imminent Production Cuts By 3 OPEC+ Members September 11, 2024 Stu Turley It’s doubtful whether the Gulf of Mexico shutdowns will generate enough momentum to fully reverse the […]
Crude oil prices went down today after the Energy Information Administration reported an estimated inventory build of 800,000 barrels for the week to September 6. This compared with a draw of 6.9 million barrels for the previous week, which […]
Heading into the holiday weekend, the retail price for all formulations of regular gasoline in the United States averaged $3.31 per gallon (gal) on August 26, 2024, 13% lower than this time last year. The […]
A series of refinery outages in Chicago and Ohio have generally increased Midwest prices for petroleum products relative to the U.S. average, particularly gasoline. The outages reflect an unusual decline in refining activity near the […]
California’s Gov. Gavin Newsom has a new scheme for how his state can avoid more gasoline price spikes — more regulations and fines. California’s Gov. Gavin Newsom has a new plan for how his state […]
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