Almost all states and the federal government rely on gas taxes to help pay for transportation projects and keep roads and highways...
By: MarketWatch – President Biden’s climate envoy, John Kerry, says he’s putting the natural gas industry “on notice,” suggesting it has a...
By: Reuters – The world needs to find $1.3 trillion of incremental investment by 2030 to boost all types of energy output...
By: Zahra Tayeb – Business Insider – A divided approach toward the Russian energy trade has become more apparent in recent weeks....
Every Friday a spotlight is shown on the nation’s drilling activity as oilfield services company Baker Hughes releases its weekly rig count,...
The number of Drilled but Uncompleted Wells (DUC’S) sank to its lowest level ever recorded, according to the Energy Information’s latest Drilling Productivity...
Andreas Exarheas|RigZone. Fitch Solutions Country Risk & Industry Research has revealed that it has made a “substantial” upward revision to its gasoline...
OXFORD, England (Project Syndicate)—With images of Russian aggression and war crimes in Ukraine continuing to dominate the media in Europe and around...
Myra P. Saefong – FROM MARKETWATCH ~ Natural-gas futures on Thursday posted a gain for the holiday-shortened week, their fifth weekly climb...
(Reuters) by Liz Hampton – U.S. oil production forecasts are being revised upwards despite labor and supply chain constraints as higher prices...
U.S. stocks closed higher Friday, with the S&P 500 and technology-heavy Nasdaq Composite each posting its biggest weekly jump since November ahead of the Federal Reserve’s policy meeting.
The Dow Jones Industrial Average rose 297.01 points Friday, or 0.7%, to close at 41,393.78.
The S&P 500 climbed 30.26 points, or 0.5%, to finish at 5,626.02.
The Nasdaq advanced 114.30, or 0.7%, to end at 17,683.98.
For the week, the Dow gained 2.6%, the S&P 500 rallied 4%, and the Nasdaq jumped 6%. According to Dow Jones Market Data, the S&P 500 and Nasdaq each saw their largest weekly percentage gain since the stretch ending Nov. 3.
Investors are looking ahead to the Fed’s two-day policy meeting next week, which will conclude Wednesday with its highly anticipated decision on where to set interest rates. At last check, according to the CME FedWatch Tool, after the closing bell on Friday, traders were pricing in a 55% chance the Fed will lower its policy rate by a quarter percentage point and a 45% probability of a larger, half-point rate cut.
Helium is the second most abundant element in the universe after hydrogen. It is a...
Landowners in Arkansas are calling on the Arkansas Oil and Gas Commission to reject...
Story By Jonathan Leake | The Telegraph | Analysts have warned that Labour’s tax...
A federal judge has hit the pause button on new oil and gas drilling...
Story By Andreas Exarheas |Rigzone.com| The U.S. Energy Information Administration’s (EIA) latest gasoline and...
By David Wethe | (Bloomberg) — The price to rent a deepwater drilling rig may...
Chevron CEO Michael Wirth recently criticized U.S. President Joe Biden’s administration for policies that...
Story by Bloomberg, via RigZone.com |Authors: J.Saul, N.S.Malik, M.Chediak| Energy companies in the US are...
A small group of California Republicans has introduced several bills ahead of a special...
Voyager Midstream Holdings, a portfolio company of Pearl Energy Investments, has announced the acquisition...
The oil and gas industry is inherently tied to geopolitical events and domestic policy...
Story from Bloomberg|By Anthony Di Paola| Libya’s crude exports continued to slump as UN-led...
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