EIA: Energy Consumption Rises as Recovery Continues
The price of crude oil continued to rise this week surpassing $70 as the economies of the world break out of a recession created by...
Alex Mills
Crude Oil Prices Show Strength as Economy Recovers
by Alex Mills
The price of crude oil has made back all that it lost during the Covid-19 pandemic of 2020 as demand for petroleum products has returned....
Gasoline Prices Rise as Demand Increases
by Alex Mills
Demand for petroleum products continues to expand into the Memorial Day holiday sending gasoline prices over the $3-per-gallon mark for the first time in seven...
IEA Says ‘No New Oil and Natural Gas Fields are Needed’
by Alex Mills
The oil and natural gas industry in Texas and globally has for several years battled volatile prices, a coronavirus pandemic, declining demand, an oversupply of...
Cyberattack on Pipeline Creates Gasoline Shortage
by Alex Mills
On Friday, Colonial Pipeline, which transports refined petroleum products (gasoline, jet fuel, etc.) from Texas to New Jersey, halted operations because of a cyberattack on...
Carbon Capture Technology Could Play Key Role in Meeting Climate Goals
by Alex Mills
As President Biden tries to move his massive energy/environment agenda forward, he must come up with programs appealing to Democrats and Republicans, which may prove...
Biden’s Energy Plan Seeks to Reduce Oil and Gas Supplies
by Alex Mills
If Congress passes President Biden’s energy proposal, American consumers need to get ready to relive the days of double-digit increases in energy prices. Biden’s plan...
Biden Proposes Tax Increase on Oil Producers as Recovery Continues
by Alex Mills
As two agencies recently reported an improving global economy has sparked optimism about improving demand for petroleum products, President Biden introduced his plan to increase...
Energy Demand Shows Strength as Economic Activity Rises
by Alex Mills
The reaction to the global pandemic, Covid-19, has turned the social, economic and political world upside-down during the past year as governments implemented lockdown of...
Big Oil Supports Government Price Policy for Carbon
by Alex Mills
Yes, it is true that the Biden administration will propose soon a tax increase on energy usage in the form of a carbon tax, and...