Source: CNBC Oil and natural gas prices have leaped globally in the last three months. Former U.S. Secretary of Energy Rick Perry said $100 oil within next six months is possible. “The potential for disaster […]
Source: U.S. Energy Information Administration and Bloomberg The price of U.S. benchmark West Texas Intermediate (WTI) crude oil is near its highest level since 2014, increasing rapidly from low prices in mid-2020. Because of the economic […]
ENB Publishers Note: There are great points in these articles from Bloomberg. We should take a look at the total methane pollution issues and address all of them. The United States is not the leader […]
All five oil and gas supermajors are looking to boost capital spending in 2022. Despite some of Big Oil reporting strongest earnings in years and record cash flows, capital discipline remains a key pillar of […]
Harold Hamm, one of the richest and most prominent shale wildcatters, is finally taking a stake in North America’s biggest oil field. Continental Resources Inc., the shale driller created and controlled by Hamm, agreed to […]
Source: U.S. Energy Information Administration, Short-Term Energy Outlook, Winter Fuels Outlook, October 2021 In our latest Winter Fuels Outlook, we expect higher heating oil prices and a slightly colder winter compared with last year will contribute to households across […]
Asian liquefied natural gas traders are rushing to secure shipments from the U.S., where prices are among the cheapest in the world, amid a dash to replenish supply before the winter. Firms in China and […]
Coal stockpiles at U.S. power plants plunged to the lowest in at least 24 years as electricity generators burn the fuel faster than miners can dig it out of the ground. Inventories fell to 84.3 […]
Crude oil is up 65% this year to $83 per barrel. Gasoline, above $3 per gallon in most of the country, is more costly than any time since 2014, with inventories at the lowest level […]
Oil output in America’s most prolific shale patch is getting closer to levels seen before the pandemic-driven market crash, as crude prices surge. While total production in the U.S. is still lagging, the Permian Basin […]
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