Oil fell with global equities after a recent rally that has taken some commodities to record high levels brought on concerns over inflation. U.S. crude futures were down 1.2%. Gasoline and heating-oil markets were also weaker with the hacked […]
Gas stations along the U.S. East Coast are starting to run out of fuel as North America’s biggest petroleum pipeline fights to recover from a cyberattack that has paralyzed it for days. From Virginia to Florida […]
Tesla Inc. shares slumped in early trading as fresh signs of trouble emerged for its China business while Elon Musk polled Twitter followers on whether the carmaker should accept Dogecoin. China’s Passenger Car Association said Tuesday that Tesla […]
The gang talks about the Colonial Pipeline Security breach. Michael Taner and Stu Turley are joined by Connor McCarl all from the Sandstone Group. Some of the transcripts are below. Listen to the podcast on […]
LANSING, Mich. – An unnecessary and premature shutdown of the Line 5 pipeline risks at least 33,000 jobs and a minimum of $20.8 billion in economic losses to consumers in Michigan, Ohio, Indiana and Pennsylvania, an independent third-party analysis requested by Consumer Energy Alliance (CEA) […]
Two oil-and-gas producers that operate in Colorado— Bonanza Creek Energy Inc. BCEI -1.32% and Extraction Oil & Gas Inc. XOG 1.12% —plan to announce Monday that they are combining into a company valued at about $2.3 billion. The all-stock, no-premium merger of companies that produce […]
Energy News Beat Publishers Note (ENB): This is a great first step by Shell. But any ship that is a Ro-Ro has opened itself for Scobby Do memes and jokes. Shell has announced its entry into […]
The Colonial Pipeline carries 2.5 million barrels a day – 45% of the East Coast’s supply of diesel, gasoline and jet fuel. It was completely knocked offline by a cyber-criminal gang on Friday and is […]
Fuel suppliers are growing increasingly nervous about the possibility of gasoline and diesel shortages across the eastern U.S. almost two days after a cyberattack knocked out a massive pipeline. Colonial Pipeline said Sunday that it was […]
The hackers who caused Colonial Pipeline to shut down the biggest U.S. gasoline pipeline on Friday began their blitz against the company a day earlier, stealing a large amount of data before locking computers with […]
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