OPEC looks totally bewildered by the oil market
It may be too soon to write OPEC’s obituary, but the oil producer club appears in urgent need of late-life care.
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Perry promises new age of American ‘energy dominance’
“For years, Washington stood in the way of our energy dominance, and that changes now,” Perry said. “An energy-dominant America means a self-reliant, a secure nation, free from geopolitical turmoil of other nations who seek to use energy as an economic weapon.”
The end of OPEC is near
Though cracks have been developing in the cartel since the start of the current oil crisis, the group has managed to stay together so far. Nevertheless, the success of the current OPEC deal for production cuts will decide its future as a cartel.
Premium gas is now half a buck more than regular and it’s only getting worse
Premium gas runs about 50 cents more than regular these days, and you may have noticed that this seems to be much more expensive than it used to be. You’re not crazy, as the U.S. Energy Information Administration would like you to know.
Trump pledges support for ethanol even as administration stokes uncertainty
President Donald Trump reaffirmed his support for the U.S. ethanol industry in an Iowa speech Wednesday, even as his administration stokes uncertainty by considering last-minute changes to the way it mandates domestic consumption.
Norway offers record number of blocks for Arctic oil exploration
Norway offered a record number of blocks for oil and gas exploration in the Arctic Barents Sea on Wednesday, brushing off concerns about the risks of drilling in the remote, icy environment.
The long-term price of oil is…
What’s the right way to think about the long-term price of oil? This question consumes the industry — and markets — no matter what prices are on any given day.
A higher ethanol blend should be your choice, not the government’s
Imagine you’re leaving Washington, D.C., for a weekend getaway on May 30. You pull into a Sheetz station and notice there’s a new fuel option. It’s 88-octane, 10 cents cheaper, and the fuel label tells you it’s E15 (15 percent ethanol) and suitable for use in all vehicles made in 2001 or later.
Pipeline to the classroom: How big oil promotes fossil fuels to America’s children
Jennifer Merritt’s first graders at Jefferson elementary school in Pryor, Oklahoma, were in for a treat. Sitting cross-legged on the floor, the students gathered for story time with two special guests, Republican lawmakers Tom Gann and Marty Quinn.
With ban lifted, U.S. oil exporters starting to flex their muscles
During the first four months of 2017, the U.S. exported three times more crude oil to international counterparties than during the same timeframe in 2016. Including shipments to Canada, exports of crude oil exceeded 1.0 million barrels per day (bpd) in both February and April.
