Archives for February 2018
Exxon Mobil projects falling oil demand to meet Paris climate accord
Exxon Mobil said it expects global oil demand to fall by 0.4 percent a year by 2040 to help meet the Paris climate accord’s goals. Source: FuelFix
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Huntsman Corp. founder Jon Huntsman dies at 80
Jon Huntsman, founder and former chairman of Houston-based Huntsman Corporation, died on Friday at his home in Salt Lake City. Source: FuelFix
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U.S. rig count remains stable
The nation’s rig count remained relatively stable last week, following a strong week in West Texas’ Permian Basin, which had added a whopping 18 drilling rigs at the end of January. Source: FuelFix
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Ethanol CEO says Pruitt trying to "gut" federal mandate
Ethanol companies are enraged by EPA Administrator Scott Pruitt’s comments Thursday that the program ensuring compliance with the federal biofuels requirement needs reform. Source: FuelFix
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Billions from Trump tax cut supercharges fossil fuels
Oilmen, wildcatters and particularly refiners are reaping billions in gains from President Donald Trump’s tax overhaul, helping boost the staying power of old-style energy. Source: FuelFix
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