EIA Expects Oil Prices to be Under Pressure From Oversupply in 2025, 2026
By NEW YORK, Jan 14 (Reuters) – Oil prices will be under pressure in 2025 and 2026 as global production growth outpaces demand, the U.S. Energy Information Administration said on…
The Energy Freedom Plan: An Overview – Alex Epstein
By Alex Epstein It may seem impossible, but 4 years from now America can have Record oil and gas production Cheap, plentiful, reliable electricity High environmental quality” Low climate danger…
US Crude Stocks Fall, Gasoline and Distillate Inventories Rise, EIA Says
(Reuters) – U.S. crude stocks fell while gasoline and distillate inventories rose last week, the Energy Information Administration (EIA) said on Wednesday. Crude inventories fell by 2 million barrels to…
US NatGas Prices Rise to 2-Year High on Record Demand Forecasts
(Reuters) – U.S. natural gas futures rose about 1% to a two-year high on Wednesday on forecasts for more frigid weather over the Martin Luther King Jr Day holiday weekend…
Oilfield Services Provider Flowco Raises $427 mln in US IPO
(Reuters) – Flowco Holdings has raised $427.2 million after pricing its U.S. initial public offering above its targeted range, the oilfield services provider said on Wednesday. Flowco priced its offering…
California Utility Faces Billions in Claims for Fire Damage Even if it Did Nothing Wrong
By Victims sue Southern California Edison under unique legal doctrine Inverse condemnation allows claims without proving utility’s negligence Wildfires expected to be costliest ever in US Jan 15 (Reuters) –…
Colonial Pipeline’s Main US Gasoline Artery Likely Shut Until Friday
By Colonial crews still searching for source of suspected gasoline leak in Georgia Line 1 outage duration on par with Colonial shutdown in 2021 due to cyberattack Market impact limited…
Venture Global to Pitch $110 Bln Valuation to IPO Investors Next Week, Source Says
It could be the first major share offering to occur during the second administration of President-elect Donald Trump, who promised on the campaign trail to overturn President Joe Biden’s year-long…
Dozens of Oil Tankers Drop Anchor After Latest US Sanctions Bite
By Around 10% of the global tanker fleet hit by US sanctions Tanker rates rising as non-sanctioned ships in demand China’s Shadong port bans tankers hit by US sanctions –…
Southern California Edison Sued Over Role of Equipment in LA Wildfires
Jan 13 (Reuters) – Southern California Edison, a unit of utility firm Edison International (EIX.N), on Monday was sued on claims that its electrical equipment started one of the major…
