Archives for October 2019
Trump boosts ethanol demand for 2020, in blow to refineries
President Donald Trump is moving to boost demand for U.S. ethanol, amidst increasing pressure from Midwestern corn farmers ahead of next year’s presidential election. Source: FuelFix
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Kinder Morgan starts up Elba Island LNG export facility
Kinder Morgan said Friday it started commercial service of its new Elba Island liquefied natural gas export plant in Georgia after a string of delays. Source: FuelFix
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EP Energy files for bankruptcy amid struggles
Houston’s EP Energy filed for bankruptcy protection Friday morning, the latest of a recent string of energy companies to pull the trigger on Chapter 11 bankruptcy. Source: FuelFix
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Shale jobs are drying up in the Permian Basin
Signs of a slowdown permeate the Permian Basin, the 55 million acres in West Texas and New Mexico whose abundant oil and widespread fracking fueled America’s quest for energy independence. Source: FuelFix
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Oil set for biggest weekly drop since July on demand pessimism
Oil headed for its biggest weekly decline since the middle of July as a streak of disappointing economic data added to fears a global recession is coming. Source: FuelFix
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