Archives for 2018
China proposes 25 percent tariff on U.S. LNG in retaliation to Trump
China is proposing a 25 percent tariff on imports of U.S. liquefied natural gas as retaliation for the Trump Administration’s latest push to increase tariffs on the Asian giant. Source: FuelFix
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Near record gas demand on U.S. power grid
Natural gas demand on the U.S. power grid hit 36.9 billion cubic feet per day last month, a near record level, according to the U.S. Department of Energy. Source: FuelFix
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CenterPoint reports second quarter loss
CenterPoint Energy, the Houston-based transmission and distribution utility, reported a second quarter net loss of $75 million compared with a profit of $135 million the same quarter one year earlier. Source: FuelFix
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Oil steady amid trade war concerns, signs of tight inventory
Oil was steady as concerns over the fallout from the U.S.-China trade dispute and higher supply from OPEC balanced some signs of tightness in the market. Source: FuelFix
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LyondellBasell reports higher Q2 profits even as plastics earnings shrink
LyondellBasell grew its second quarter earnings but reported lower profits from its plastics businesses as prices fell for certain base chemicals. Source: FuelFix
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