Industry skeptical of Biden’s gas tax holiday proposal
President Biden’s call on Wednesday for a temporary suspension of the federal gas tax received a lukewarm reception from oil...
Oil
Crude continues climbing, but EIA sees a pullback in Q3 and Q4
The global price of crude oil continued to climb in May, although it is expected to moderate in the second...
Cutting methane emissions is a ‘commercial opportunity’
Cutting methane emissions is good for the climate and provides commercial opportunities for the oil and gas industry, according to...
Jones Act ships competitive for US fuel exports as freight soars
(Bloomberg) -- The global search for fuel after Russia’s war has thrust the US Gulf Coast into the role of...
Oil and gas companies see opportunities for shareholders in energy transition
Embracing the clean energy transition benefits shareholders and creates resilience, leaders from three energy companies said during a webinar on...
Senate Judiciary Committee passes ‘NOPEC’ to combat antitrust behavior
The Senate Judiciary Committee voted today to pass a bill that would protect U.S. consumers from price spikes in gas...
Methane leaks from small oil wells spur call for stiffer US regulation
Environmentalists are calling on the Biden administration to crack down on methane leaks from low-producing U.S. oil wells, after new...
Experts butt heads on definition of energy independence
As lawmakers continue to proclaim the importance of energy independence amid the war in Ukraine, what they mean by the...
Unregulated Texas gas pipeline triggers a huge methane leak
A natural gas pipeline in Texas leaked so much of the super-potent greenhouse gas methane in little more than an hour that...
EIA predicts further drop in Russian crude output through 2023
In its April “Short-Term Energy Outlook” (STEO), the Energy Information Administration (EIA) lowered outlooks for both global oil production and consumption...
