Archives for 2019
Oil drops as U.S. stockpiles rise while trade war hurts demand
Oil fell again on signs that U.S. crude inventories jumped last week, worrying investors that supplies are swelling at the same time a trade war threatens demand. Source: FuelFix
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The backlash to plastic has oil companies worried
As the world strives to wean itself off fossil fuels, oil companies have been turning to plastic as the key to their future. Now even that’s looking overly optimistic.The global crackdown on plastic trash threatens...
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Oil and gas pipeline company buys solar energy for operations
Canadian Solar, a solar generating company based in Canada, announced it signed a 15-year deal to provide solar power to Dallas-based oil and gas pipeline company Energy Transfer, the first time for Energy Transfer to...
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Permian gas flaring hits new record highs for "widespread waste," pollution
The flaring of natural gas in West Texas’ booming Permian Basin has exceeded previous estimates and is now contributing to far more “widespread waste” and pollution than ever before, according to a new report. Source:...
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Biden pledges U.S. net zero emissions by 2050
Joe Biden announced Tuesday that if elected president he would set the United States on the path to get to net-zero greenhouse gas emissions in three decades. Source: FuelFix
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