Energy Economy

The Business Roundtable has released a new statement on principles and policies to address climate-change, including a recommendation for setting a price on carbon.
The International Energy Agency on Tuesday issued its oil market report for September. The short version is that demand is expected to decline further and so are crude prices.
Increasing oil production among OPEC+ partners and in the United States is keeping a lid on crude prices and new estimates do not see an end to the oil market glut until late next year or early 2022.
WTI crude oil has dropped nearly 9% early Tuesday as demand has slipped again, leaving bulging inventories and a prediction for continued low prices.
A new quantitative study of renewable energy generation indicates that the outlook for renewables may not be as rosy as it seems.
The International Energy Agency in its August oil market report said that demand in 2021 would rise more slowly than it had previously expected.
The International Energy Agency now forecasts a demand decline of nearly 8 million barrels a day in 2020, largely due to the COVID-19 pandemic.
While gas prices have been creeping higher, they are on track to post a 16-year low for the July 4 holiday weekend. The reason for the decline is down to lack of demand due to the resurgence COVID-19...
U.S. crude oil production and crude oil inventories both rose last week. Gasoline inventories are falling, however, and pump prices continue rising.
The carefully followed International Energy Agency Monthly report for June says oil demand will drop by the largest amount in history in 2020.
The national average price for a gallon of regular gasoline rose by less than a penny last week. Analysts at GasBuddy, however, expect to see an average of more than $2 a gallon in the next couple of...
Energy generated from renewable sources passed coal-fired power consumption in the first quarter of this year.
Global investment in energy is expected to drop by around 20% year over year in 2010 according to a new report from the International Energy Agency.
Gasoline prices rose for the fourth consecutive week, according to the latest data from GasBuddy. The summer driving season has officially begun. Now we wait to see if Americans take to the highways...
U.S. crude oil production is expected to decline by 1.75 million barrels by next month, according to IHS Markit. Some production may resume, however, if prices remain above $30 a barrel, and more...