(Bloomberg) — Natural gas prices in the Permian Basin of West Texas are plunging toward zero as booming production overwhelms pipeline networks, creating a regional glut of the fuel. Gas in an area of the […]
Skip links Skip to Content NewsRussia-Ukraine war Russia pushes for civilians to leave Kherson to escape an anticipated Ukrainian counteroffensive [Libkos/AP Photo] Here is the situation as it stands on Tuesday, October 25. Conflict Rebuffed […]
HOUSTON, Oct 24 (Reuters) – U.S. upstream oil companies are expected to bank 68% higher free cash flows per barrel produced in 2022 as surging prices fuel profits, while output growth lingers at 4.5% year […]
Home heating prices are soaring this coming winter, especially in New York and the northeast, where heating oil shortages are looming before the winter has even begun. On Oct. 13, there was a 26-day supply of […]
While U.S. natural gas futures gained more than 4% on Monday, natural gas in the Waha part of the Permian Basin was falling and trading close to zero, traders told Bloomberg on Monday. Flourishing natural […]
EU ban on Russian crude leads to uncertainty in oil tanker markets. Some analysts say there will be a tanker shortage that will push oil tanker rates up. A large number of vessels have changed […]
Authored by Chris Menahan via InformationLiberation.com, MSNBC brought together a focus group of Pittsburg-area Trump voters to badger them about the supposed horrors of the January 6th “insurrection” only to have all their propaganda shut […]
Authored by Daniel Lacalle, The narrative to attack any tax cut and defend any increase in government size is reaching feverish levels. However, we must continue to remind citizens that constantly bloating government spending and […]
Last week, President Biden announced plans to release 15 million barrels of oil from the nation’s Strategic Petroleum Reserve, a move widely seen as an attempt to bring down gas prices ahead of November’s election. Meanwhile, after […]
HOUSTON — Schlumberger today announced its new name—SLB—underscoring the company’s vision for a decarbonized energy future and affirming its transformation from the world’s largest oilfield services company to a global technology company focused on driving energy […]
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