Energy

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Oil Prices Race Toward $20

Weeks ago, oil priced at less than $50 a barrel was unimaginable. Today, a price of $20 draws the same immense skepticism.

Douglas A. McIntyre · 12 years ago

Energy Crisis as Early as 2016

Kinder Morgan Inc.By Dan Steffens for Oilprice.com Low oil prices today may be setting the world up for an oil shortage as early as 2016. Today we have just 2% more crude oil supply…

Douglas A. McIntyre · 12 years ago

3 Michigan Cities Have Lowest Gas Prices in US

Michigan is not near any huge oil refineries, and it has one of the highest gasoline taxes of any state. Yet three of the four cities in America with the lowest price per gallon…

Douglas A. McIntyre · 12 years ago

Refiner HollyFrontier to Take Huge Inventory Charge

HollyFrontier waited until the market closed on Friday to announce that the company expects to take a pretax charge for the 2014 fiscal year due to the fourth-quarter drop in crude oil prices.

Paul Ausick · 12 years ago

Russian Oil Production Sets Post-Soviet High

Record high post-Soviet crude oil production in Russia weighed down crude prices Friday. Russia intends not to cut output this year and expects the price of crude to stabilize.

Paul Ausick · 12 years ago

Exxon or Chevron: Which Performs Better in 2015?

Exxon Mobil and Chevron have not yet revealed their proposed spending and production levels for this year, but they are also expected to spend less as low crude oil prices drag down profits.

Paul Ausick · 12 years ago

Merger Creates Huge US Ethanol Maker

Late Wednesday afternoon, Pacific Ethanol announced that it had entered a definitive merger agreement with Midwest-based producer of ethanol Aventine Renewable Energy.

Paul Ausick · 12 years ago