For the first time, Canada’s two main railway companies – Canadian National Railway and Canadian Pacific Kansas City – are on the verge of a simultaneous labor stoppage that could inflict billions of dollars’ worth of economic damage. WHY ARE BOTH COMPANIES POISED TO STOP? Contract talks between the Teamsters union and the companies usually …
Why Canada is on the Verge of an Unprecedented Rail Labor Stoppage Read More »
The state was a fast-follower in launching the U.S. and world oil industry, and millions of barrels of economic oil are still being found there today.
We can reduce hydrocarbon consumption in many modest ways to materially mitigate GHG emissions and reduce consumer energy costs. This approach can be more successful than the loud clamouring of some environmentalists who want to eliminate burning fossil fuels to rapidly reduce greenhouse gas (GHG) emissions to address climate change. The federal government is pursuing …
COMMENTARY: Where Can We Easily Reduce or Eliminate Oil & Natural Gas? – Yogi Schulz Read More »
Legendary wildcatter Autry Stephens, founder and chairman of Midland Basin E&P Endeavor Energy Resources, stayed true to his “never sell” strategy.
California Governor Gavin Newsom proposed a plan on Thursday requiring oil refiners to maintain minimum reserves of gasoline in an effort to prevent price spikes. The California Energy Commission said that on 63 days last year California refiners maintained less than 15 days of supply of gasoline, a situation that it said spiked prices and …
California Aims to Tackle Pump Spikes by Requiring Gas Reserves Read More »
Summary Brent futures fall by $1.36/bbl, WTI drops $1.51 Benchmarks broadly unchanged on the week after volatile trade Data from China showed economy losing momentum, weak oil demand Gaza ceasefire talks paused, set to resume next week (Reuters) – Oil prices settled down nearly 2% on Friday, little changed on the week with Brent crude …
Oil Falls 2% to End Volatile Week, Focus on China Demand Concerns Read More »
U.S. energy firms this week cuts oil and natural gas rigs for the second time in three weeks, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas rig count, an early indicator of future output, fell by two to 586 in the week to Aug. 16. Baker …
U.S. Drillers Cut Oil and Gas Rigs for Second Time in Three Weeks – Baker Hughes Read More »
New Fortress Energy’s Fast LNG 1 project in Mexico will take an international route to a domestic destination.
Here is a look at some of this week’s renewable energy news.
Offshore activity on Subsea7’s project is expected to begin in 2026.
