Energy Economy

$100 Oil
The world appeared ready to dodge a recession triggered by inflation. A sharp rise in oil prices could change that.
Douglas A. McIntyre
1 month ago

Refilling the Strategic Petroleum Reserve Will Be Harder Than You Think
The Department of Energy has canceled the proposed purchase of 3 million barrels of crude oil to add to the Strategic Petroleum Reserve because the price was too high or the sale failed to meet other...
Paul Ausick
4 months ago

Fuel Prices Are Down, but You Can Still Save at the Pump
As the Federal Reserve prepares to increase rates for the seventh time this year, it becomes crucial to cut costs wherever possible.
Kristin Stones
5 months ago

Where Has California's Gasoline Consumption Gone?
California drivers are consuming less gasoline, and there is a lesson there for policymakers who are serious about reducing carbon emissions.
Paul Ausick
5 months ago

States With $3 Gas
Gasoline prices have fallen sharply since summer, and the price has dropped below $3 a gallon in several states.
Douglas A. McIntyre
5 months ago

The State Where Gas Is Below $3
In June, as oil prices increased above $100 a barrel, the price of the average gallon of regular gas nationwide surged to over $5. It was the first time in history, gas passed that $5 barrier. The...
Douglas A. McIntyre
6 months ago

Oil Patch Reaction to Biden's Latest Move to Lower Pump Prices
Reaction from Republican politicians and the oil industry to the Biden administration's latest release of oil from the nation's strategic reserve was both predictable and off the mark.
Paul Ausick
7 months ago

Biden Establishes Oil Price Floor, Wants Industry to Keep Pumping
President Biden will announce Wednesday a new program to replenish the oil that has been sold from the U.S. Strategic Petroleum Reserve. Not everyone is going to like it.
Paul Ausick
7 months ago

No Insurance for New Oil & Gas Projects: Munich Re
The world's largest reinsurance company will stop insuring new oil and gas projects beginning next April.
Paul Ausick
7 months ago

Germany Seizes 3 Russian Oil Refineries
The German government Friday morning placed three Russian-controlled oil refineries under trusteeship, seizing control of operations from Russian oil giant Rosneft.
Paul Ausick
8 months ago

Hawaii's coal withdrawal will set early U.S. example on transition risk
Plus, the Liz Truss era in the UK starts with a dual fiscal and energy crisis.
David Callaway
8 months ago
Last Updated: 8 months ago

Could America Return to $1 Gas?
Gasoline prices averaged about $1.50 a gallon through the 1990s. Here is how those prices could come again.
Douglas A. McIntyre
8 months ago

Threat to Gulf Oil and Gas Production Remains High With 2 Months Left in Hurricane Season
Two months remain in the 2022 hurricane season and NOAA continues to expect an above-normal number of storms, despite the virtual absence of storms in the first three months of the season.
Paul Ausick
8 months ago

BofA Securities Has Big Ideas on These 8 Oil Stocks
BofA issued a handful calls recently with a particular focus on Oil & Gas stocks with massive upside.
Chris Lange
9 months ago
Last Updated: 8 months ago

The Hottest Place in the World Today
What is the strongest evidence of global warming? According to NASA’s Global Climate Change: “Earth’s surface continues to significantly warm, with recent global temperatures being the hottest...
Douglas A. McIntyre
10 months ago
Last Updated: 10 months ago