Energy Economy - Page 2

Natural Gas Price Tumbles on Smallish Inventory Drawdown

The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks decreased by 99 billion cubic feet for the week ending January 26. Analysts were expecting a ...
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Crude Oil Price Bounces on Addition to Commercial Inventories

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning, showing that U.S. commercial crude inventories increased by 6.8 million barrels last week, maintaining a total ...
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US Gasoline Prices Show No Sign of Falling

U.S. retail gasoline prices rose last week to a national average of $3.58, up more than three cents from the prior week and the highest level in more than four ...
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As Oil Moves Toward $70, Specter of $3 Gas

Oil prices are just below $70 a barrel, trading above $66 for the first time in years. At the start of the year, the price was $60, so the price ...
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US Oil Rig Count Jumps by 12, Crude Price Ignores the Increase

In the week ended January 26, 2018, the number of land rigs drilling for oil in the United States totaled 759, up by 12 compared to the previous week and ...
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Natural Gas Prices Move Higher on Large Storage Draw

The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks decreased by 288 billion cubic feet for the week ending January 19. Analysts were expecting a ...
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Crude Oil Price Tops $65 on Storage Drawdown

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning, showing that U.S. commercial crude inventories decreased by 1.1 million barrels last week, maintaining a total ...
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How Many Jobs Will Solar Module Tariff Cost?

Late Monday, the office of the U.S. Trade Representative announced that President Trump had approved a "safeguard" tariff of 30% on imported crystalline-silicon solar cells and modules. The tariff does ...
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US Gasoline Price Remains High but Did Not Rise Last Week

U.S. retail gasoline prices rose last week in most states, but the national average did not increase from the prior week's level of $2.54 for a gallon of regular gas. ...
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Corporations Add Record Amount of Green Energy in 2017

Global corporations signed a record number of power purchase agreements (PPAs) for green energy in 2017. A total of 43 corporations in 10 countries last year agreed to purchase 5,400 ...
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Could Oil Go Back to $100 and Threaten Economy?

Research firm Energy Aspects believes there is a chance oil prices could return to $100 a barrel. If that happens, the price of gas and other oil-based products would soar. ...
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US Oil Rig Count Drops by 10, Crude Price Continues Slide

In the week ended January 19, 2018, the number of land rigs drilling for oil in the United States totaled 747, down by five compared to the previous week and ...
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Crude Oil Supply to Top Demand in 2018: IEA

In its monthly Oil Market Report for January released Friday morning, the International Energy Agency (IEA) said that global crude supplies fell by 4050,000 barrels per day in December to ...
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Crude Oil Price Turns Higher on Big Inventory Draw

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Thursday morning, showing that U.S. commercial crude inventories decreased by 6.9 million barrels last week, maintaining a total ...
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Natural Gas Price Tumbles on Low Storage Withdrawal

The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks decreased by 183 billion cubic feet for the week ending January 12. Analysts expected a storage ...
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