FuelFix
Analyst: Need for Dakota Access Pipeline declining
The need for the controversial and delayed Dakota Access Pipeline is falling along with the production of oil from the Bakken Shale in North Dakota and Montana, said Sandy Fielden, Morningstar’s director of oil and products...
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Rig count jumps by 20; largest increase in two years
The number of oil and gas rigs in U.S. fields boomed this week, rising by 20 — the largest jump since the peak of the shale oil boom two years ago. U.S. oil drillers collectively...
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Arctic dropped from U.S. offshore leasing program
WASHINGTON – The United States will not allow offshore oil and gas drilling in the U.S. Artic for the foreseeable future, U.S. Interior Secretary Sally Jewell announced Friday. The Obama administration had been considering allowing...
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Coal expected to surpass natural gas as dominant winter fuel source
In recent years, coal and natural gas have been dueling for the role of the nation’s largest electricity source, and it seems like coal will win that battle this winter. Coal is expected to surpass...
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Market Currents: An indicator of Venezuela’s potential bankruptcy
As the U.S. dollar climbs higher and higher (and higher), the crude complex is getting blown over by the gale-force headwinds it is providing. We edge closer and closer to the main event of the...
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