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554InternationalHead of OPEC warns of a ‘dangerous’ lack of investment in oil
The head of the Organization of the Petroleum Exporting Countries — a group of the world’s major oil producers — told CNN...
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497Oil & Gas News
Biden’s 5-Year Offshore Oil Plan to Have Historically Few Lease Sales
By: Reuters – The Biden administration’s five-year plan for offshore oil and gas leasing will not include any sales in 2024 and...
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696International
Plunging US Oil Supply Is Driving Up Prices Around the World
While there’s been a lot of angst over the shrinking US inventories, there are yet to be any concrete signs of a...
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702International
The costs of Russia’s war are about to hit home
Over the past year, few currencies have done worse than Russia’s rouble. Last September an American dollar bought just over 60 of...
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518Oil & Gas News
ExxonMobil loses bid to truck millions of gallons of crude oil through central California
SANTA BARBARA, Calif. (AP) — ExxonMobil lost a court bid Wednesday to truck millions of gallons of crude oil through central California...
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567Exploration
Britain approves new North Sea oil drilling in welcome news for the industry but not activists
LONDON (AP) — Britain on Wednesday gave the go-ahead for a major oil and gas project in the North Sea, ignoring warnings...
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503Oil & Gas News
Will the Fed raise interest rates one more time this year? Some economists aren’t convinced
The Fed, Interest Rates and Inflation; a Story By Sarah Foster |Bankrate| Consumers and investors were spared from a 12th rate hike...
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503Oil & Gas News
Why do Californians pay so much for gas?
Story By Marc Sternfield|KTLA, via Yahoo News| Gasoline prices in California edged higher again on Tuesday, hitting an average of $5.84 per...
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724Oil & Gas News
High Oil Prices May Not Cause A Recession and May Not Last Long Say Analysts
STORY By By MACK WILOWSKI |Investopedia| Higher oil prices likely won’t cause consumer spending and gross domestic product (GDP) to decline, Goldman Sachs (GS) analysts said...
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818Oil & Gas News
Former Chesapeake, SandRidge Exec Plans IPO for Anadarko E&P
Story By Chris Mathews | Hart Energy, via Yahoo News| Midcontinent oil and gas producer Mach Resources is planning to go public,...
