Archives for March 2019
China oil use seen peaking in 2025 as EVs and rail take over
The country that’s driven global oil demand since the turn of the century may hit the brakes sooner than expected as travelers shift toward electric cars or even forgo the open road in favor of...
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Oil prices dip on crude inventories spike
Oil prices fell Wednesday morning on news that the nation’s stockpiles of crude oil spiked by more than 7 million barrels. Source: FuelFix
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Feds give Kinder Morgan permission to introduce feed gas at Elba Island LNG
Houston pipeline operator Kinder Morgan is one step closer to placing its $2 billion Elba Island LNG export terminal in Savannah, Georgia into service. Source: FuelFix
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Exxon Mobil hikes spending, earnings projections with focus on Permian, South America
Exxon Mobil is seeking to maintain its top spot in the world of Big Oil by hiking its spending and aiming to churn out increasingly higher volumes of oil and gas with a strong emphasis...
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Colorado lawmakers weigh dramatic overhaul of oil drilling laws
A proposal to overhaul Colorado’s drilling laws has its first hearing today, pushing the bill one step closer to a vote by the Democrat-controlled state legislature. Source: FuelFix
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