The very boom that bolstered the US's energy independence is now making its gas-price problem much, much worse. For much of the past decade, fracking gave the US energy sector a massive tailwind. In the so-called shale revolution, fields in New Mexico, North Dakota, and Texas...
Goldman Sachs this week raised its price target for Brent crude to $140 per barrel from $125 per barrel, citing unresolved structural shortages. Per a ZeroHedge report, the investment bank's commodity head of energy research, Damien Courvalin, noted the brief period of balance in oil earlier...
GOLDEN, Colorado, May 31, 2022 (GLOBE NEWSWIRE) – Alpha Energy, Inc. (OTC.PK - APHE) ("Alpha") announced today it has entered into a Purchase and Sale Agreement to acquire 28 oil and gas wells and other assets in the Mercury Project in Seminole County, Oklahoma. Mercury Project On...
OVERNIGHT ENERGY & ENVIRONMENT BY RACHEL FRAZIN AND ZACK BUDRYK The Biden administration is allowing gasoline with a higher content of ethanol tobe sold this summer, and Sen. Joe Manchin (D-W.Va.) has floated a “rebranded”Keystone XL pipeline. Current regulations prevent the fuel from being sold between June andSeptember...
White House still opposes Keystone, but other options could include shipping more oilby rail or expanding pipeline capacity along existing routes By Timothy Puko in Washington and Vipal Monga Biden administration officials are seeking ways to boost oil imports from Canada, people familiar with the situation say,...