Saturday, July 26, 2025

Northern Iraq’s oil exports down in August due to pipeline disruption

Story by Reuters Oil exports from northern Iraq fell by around 44,000 barrels per day (bpd) in August to an average of 472,832 bpd due to disruption of the pipeline to Turkey, the Kurdistan region’s ministry of natural resources said on Thursday. The pipeline was down for nine days in August “due to events in Turkey beyond the KRG’s (Kurdistan

Rig Counts Fall Again, Texas Loses 11

The number of running rigs in the United States fell for the second straight week in the latest analysis from Baker Hughes (ticker: BHI). A total of 13 rigs left the fleet for the week ended September 4, 2015, and now stands at 864. All of the subtracted rigs were focused on oil plays, and 11 were in Texas. The

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Labor Day Weekend: Rest, Relaxation and the Lowest Gas Prices in 11 Years

U.S. drivers hitting the road for the holiday weekend will save some extra cash at the pump, the Energy Information Administration reports current gasoline prices are the lowest since 2004. Average prices on August 31 were $2.51 per gallon – $0.95 lower than one year ago. The Gulf Coast is currently enjoying average prices below $2.20, while California drivers are

Presidential Candidates on Energy: Sanders

Sanders wants to kill Keystone, transform system away from fossil fuels Vermont Senator Bernie Sanders Vermont Senator Bernie Sanders, campaigning for the Democrat Party nomination for president, issued statements about his energy position after the administration’s Clean Power Plan was announced in August. As quoted by the Des Moines Register, Sanders said: “President Obama understands that climate change is the