Archives for March 2020
‘Can’t even give it away’: $1 gasoline is a warning for economy
London, Kentucky, has become the first U.S. city to see pump prices fall below $1 a gallon as coronavirus-related lockdowns halt transit across the country — and it won’t be the last. Source: FuelFix
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Sunnova says solar should get federal help too for pandemic
Sunnova, the residential solar system seller based in Houston, called on Congress to include the solar industry as lawmakers devise a plan to help the energy industry during the spread of the coronavirus pandemic. Source:...
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Shell, Total cut billions from their budgets as oil prices plummet
European oil majors Shell and Total are cutting a combined $14 billion from their budget as crude prices continue to plummet amid an oil war and the coronavrius pandemic. Source: FuelFix
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Creditors give Tellurian an 18-month life line
Creditors are giving Houston liquefied natural gas company Tellurian an 18-month life line in the face of tough market conditions that include the ongoing oil war between Russia and Saudi Arabia and the coronavirus pandemic....
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Gasoline prices plunge again
Average gasoline prices fell 11 cents a gallon in Houston to $1.84. Source: FuelFix
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