Tanker Rates Soar to Record as Oil Crisis Becomes Shipping Crisis
The cost of shipping crude oil soared to record highs last month as the Iran…
Category: Energy
Pemex Needs Nearly $110 Billion to Hit Mexico’s Output Targets
Mexico is dependent on oil and gas imports for two-thirds of its energy consumption, despite…
Southeast Asia Needs More Power, But Its Weak Grid Could Be a Problem
The war in Iran has exposed a critical vulnerability in Southeast Asia’s energy markets. The…
The Iran War Is Fueling a Boom in Clean Energy
The Iran war might have done exactly what President Trump was trying to avoid: turning…
5 Stocks Cashing In as $100 Oil Pushes Drivers Toward Electric
Gasoline topped $4.40 a gallon in the U.S. in September, and Brent has sat above…
U.S. Oil Drilling Continues to Inch Upward
The total number of active drilling rigs for oil and gas in the United States…
States Bet on Virtual Power Plants to Cut Grid Costs
The United States has shown greater support for virtual power plants (VPPs) in recent years,…
Trump Puts Iran Strikes on Hold as Hurricane Threatens Oil Supply
Oil retreats from $110 as Trump rules out Iran strikes before the midterms, but tanker…
Why Record Crude Output Can’t Solve America’s Diesel Crisis
The United States is producing more crude oil than ever. According to the Energy Information…
Hurricane Isaias Shuts In 1.28 Million Bpd of Gulf Oil Production
Hurricane Isaias has knocked 1.28 million barrels per day of U.S. Gulf oil production offline,…