Senate Confirms Fracking Executive Chris Wright as Trump’s Energy Secretary
The vote was 59-38, with seven Democrats and one Independent, who caucuses with Democrats, crossing the aisle. Wright, 60, the CEO of Liberty Energy since 2011, has said he will…
COMMENTARY: Crude Oil Produces Much More Than Gasoline – Yogi Schulz
By Yogi Schulz The oil and natural gas industry refines over 100 million barrels of crude oil daily to produce much more than gasoline. Here’s an overview of how pervasive…
Saudi Arabia, UAE Seen as Possible Venues for Trump-Putin Summit, Two Russian Sources Say
(Reuters) – Saudi Arabia and the United Arab Emirates are seen by Russia as possible venues for a summit between U.S. President Donald Trump and Russian President Vladimir Putin, two…
US NatGas Prices Jump 9% on Colder Forecast, Sanctions Worries
(Reuters) – U.S. natural gas futures jumped about 9% on Monday on forecasts for colder weather and higher heating demand next week and worries about supplies from Canada related to…
OPEC+ Likely to Stick to Oil Output Hike Plan, Sources Say
(Reuters) – OPEC+ is likely to adhere to current plans to raise output gradually from April when a panel of top ministers meets on Monday, delegates from the producer group…
Oil Prices Climb After US tariffs Spark Supply Disruption Fears
Summary US to tax oil imports from Canada at 10% Mexican energy imports to US face 25% charge Canada and Mexico supply a quarter of crude processed by US refineries,…
North American Companies Brace for Fallout From Trump Tariffs
U.S. President Donald Trump imposed a 25% levy on goods from Canada and Mexico, along with a 10% tariff on China, in what could be the opening stages of a…
Trump’s ‘Tariff Thrashing’ Spurs Crisis Response From Canada
Tractor trailers exit Canadian customs after driving across the Ambassador Bridge on the Canada-US border. Canadian government officials and business leaders mounted a crisis response that drew parallels with the…
How Trump’s Tariffs Aim a Wrecking Ball at the Economy of America’s Allies
Donald Trump’s move to invoke an emergency and impose tariffs on Canada, Mexico and China is the most extensive act of protectionism taken by a US president in almost a…
Pump Prices Set to Rise as Trump Tariffs Hit Closest Allies, Canadian, Mexican Oil
Summary • Energy imports from Canada will have 10% duty, Mexican energy tariffs to be 25%• Tariffs mean higher costs for finished fuels like gasoline• US East Coast may have…
