A record-setting heat wave pushed California's power grid to the limit this week as California Independent System Operator (CAISO) called for customers to limit their electricity usage or risk widespread power blackouts.
'The power these agencies want to exert over families trying to make ends meet is ridiculous'
The Nord Stream 1 gas pipeline from Russia to a desperate Europe was supposed to re-open yesterday, instead, Russia announced that it will remain closed due to an oil leak, indefinitely.
OPEC is meeting on September 5 to discuss the state of the oil market. The cartel is considering slashing oil production. Reports of where oil demand is heading remain mixed.
President Joe Biden's administration has leased far fewer acres for oil and gas drilling offshore and on federal land at the early stages of his presidency than has any other leader since Harry Truman at the end of World War II, according to a new an
...the first weekly price increase in more than two months.
The U.S. Department of Transportation has declared a regional emergency for Illinois, Indiana, Michigan, and Wisconsin after a fire shut down the BP oil refinery in Whiting, Ind., the largest in the Midwest, though there hasn't been an impact on gas
"...the return of Iranian barrels would be a qualifying event for a collective strategy shift,"
Remember when Western sanctions on Russia were meant to paralyze its economy, destroy the ruble, and then implode its lucrative commodity trading channels? Well, thank customers across Asia for keeping the nation's oil trading flowing from the Far Ea
Are you grateful that a gallon of gas only costs about twice what it cost two years ago (when it actually cost less, in terms of what it cost to buy, when adjusted for 9.5 percent inflation) rather than nearly three times as much?
Bloomberg's Regan on Declining Gas Prices: 'We're Seeing a Lot' of Consumers Buying Less, Gas Deliveries Lower than in 2020
US offshore oil drillers Shell, Chevron and Equinor halted operations at facilities pumping hundreds of thousands of barrels of oil per day on Thursday, citing an onshore pipeline leak that a port official said should take about a day to fix.
...the idea of price gouging at the pump is "dangerous nonsense"...
...the upcoming cycle will outpace the 2016-2019 cycle of investment and FID activity.
What do you do when you see the proverbial storm on the horizon? You stock up on whatever you think you'll need which you may not be able to secure when the storm hits.
Experts reveal how much sales from Strategic Petroleum Reserves will cost
...To New Record High
"In order to secure supplies in the short and medium term, loading will now be temporarily suspended until the Burghausen refinery has resumed production."
Meanwhile Biden begging overseas dictators to ramp up production
Look behind the scenes at the extensive testing involved for modern engine oils. Today's best oils will have API SP, ILSAC GF-6, and Dexos Gen 3 Certifications.
Treasonous Biden and the Green Agenda is Shipping Gas OUT of the United States – War on the American People
... Cutting Flows In Half; European Gas Prices Soar
"We're seeing margins twice as high as the golden age,"
Despite His Attorney Claiming Hunter Divested of China Oil Company – Chinese Records Show Hunter Still Has Stake in the Company
"Let that sink in."
"We see Greek companies providing almost the largest tanker fleet for the transportation of Russian oil."
Oil scarcity…is it another lie? Another scam being played out on the people of the Earth?
By now, most everyone knows about President Biden's famous "fist bump" with Crown Prince Mohammed bin Salman, the Saudi dictator who has been accused of orchestrating the brutal murder of Washington Post columnist Jamal Khashoggi when he visite
"The Saudis have said that any changes in output would be done within the broader OPEC+ framework, and that the group would monitor the market and respond if needed."
Reuters cites source saying letter to "European customer" in question is Germany...