This is 11 percent higher than in the previous forecast. EIA said below-normal temperatures in both January and February led to increased consumption of natural gas to meet space heating demand, which resulted in more […]
Crude oil prices moved higher today after the U.S. Energy Information Administration reported an inventory build of 2.1 million barrels for the week to November 8. In fuels, however, inventories fell. At the time of writing, Brent crude was […]
Daily Standup Top Stories State Rankings: Electric Vehicles per Capita in the United States August 25, 2024 Stu Turley California leads the nation in electric vehicle adoption, with over 1.1 million EVs and the highest per […]
Oil demand seen plateauing at 100 million barrels a day ‘Catastrophic’ risk of failing to invest in new oil projects Exxon Mobil Corp. forecasts global oil demand in 2050 will be the same — or even […]
Oil prices climbed after the EIA reported a surprise crude oil inventory draw, reversing an earlier decline caused by concerns about a recession. Gasoline and distillate inventories saw builds, following earlier estimates of larger increases. […]
This election year, several critical issues dominate voter concerns. Illegal immigration across unsecured borders by migrants, criminals, sex traffickers, and terrorists. Anti-police policies, reduced prosecution of criminals and rising crime. Unprecedented prices for food, clothing, […]
The International Energy Agency (IEA) has called peak oil as happening in 2029, something that has got tanker analysts discussing what this means for owners mulling rejuvenating their fleets. The IEA’s latest report, Oil 2024, […]
Senior US Republican lawmakers have attacked the International Energy Agency in a strongly worded letter dated March 20 addressed to its executive director Fatih Birol. A copy of the letter signed by Republicans John Barrasso, ranking […]
ENB Pub Note: David Blackmon’s articles on the Daily Caller, Forbes, and Substack are fantastic. We recommend subscribing to them all, and his Substack is HERE: https://blackmon.substack.com/. The IEA also just released their 2023 coal […]
Liquefied natural gas (LNG) import capacity in the European Union (EU) and the United Kingdom (UK) will expand by 34%, or 6.8 billion cubic feet per day (Bcf/d), by 2024 compared with 2021, according to […]
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