(Oil & Gas 360) – Just months away from a long-awaited international protocol for mining the deep-sea floors of the world for the rare earth minerals increasingly important to modern society, a recent scientific paper could potentially stall efforts by miners and lawmakers to weaken Chinese domination of the rare earth minerals supply chain. Companies looking to explore ocean floors
(Oil & Gas 360) – Sudden, violent, disruptive events in the Middle East cause big oil price jumps and front-page headlines about gasoline prices – don’t they? But not lately. Like the dog that did not bark, why not? Russia, one of the world’s three largest oil producers, invaded Ukraine and started a war which has been going for 2 ½
(Oil & Gas 360) – While Very Nice, Warmer-Than-Normal Dominating Is Minimizing Oil & Natural Gas, Cold Air & Pent-Up Demand Paint A Bright, Positive Future. Despite Tropical Storm and Hurricane conditions temporarily disrupting moving oil, a growing economy setting stock market record highs is also evident in YOY growth resumed in demand for the petroleum that fuels prosperity-producing movement. Growth,
(Oil & Gas 360) – After the fall of the Iron Curtain the Council for Foreign Relations (CFR) embraced the concept that the world would be run by a group of benign democracies forevermore as a basis for foreign policy. It was a fantasy; the world did not work out that way – it is a dangerous place with wars
(Oil & Gas 360) – As Artificial Intelligence (AI) expands to potentially revolutionize every aspect of human existence, the expected electrical demands required by the power devouring technology in its earliest stages present a formidable planning and financing challenge for utilities and other power plant developers. The so-called electrical boom, the result of everything from growing economies and populations, cloud computing
(Oil & Gas 360)- While delightfully mild temperatures are minimizing oil & natural gas demand, prices, and expectations, infrastructure trends are bullish. Most of the summer was warmer than normal, and two devastating Hurricanes encouraged those convinced using fossil fuels has mankind heading to disaster, adding to the many disaster predictions that have already failed. Only five Summer weeks were cooler
(Oil & Gas 360) – After two years of industry opposition to the $740 billion Inflation Reduction Act (IRA), touted by its proponents as the single largest effort by the U.S. government to promulgate a federal-level climate change investments and tax credit policy, several of the country’s largest oil companies are finding elements of the law so attractive that they are
(Oil & Gas 360) – Anyone spending any real-time driving on American highways the last five months had the pleasant surprise of falling gasoline and diesel prices, both down compared to this time in 2023. Both fuels saw a price spike in the spring with the onset of the summer driving season, but prices have been in a slow, steady decline
(Oil & Gas 360) – The seemingly unending downward pressure on domestic natural gas prices isn’t getting much relief, given October storage numbers, according to the Energy Information Administration (EIA). October is routinely known as the start of injection season for increasing natural gas inventories ahead of winter. The agency shows current storage to be over 175 billion cubic feet (BCF)
The focus of Israel’s Defense Forces has shifted from the confrontation with Hamas in Gaza to Israel’s northern border with Lebanon where Hezbollah has attacked Israel with missiles for months and displaced thousands of Israelis from their homes.
Energy Market Assessment: The high level of lack of understanding and the greatly reduced awareness of the economy and energy markets are providing much opportunity.
(Oil & Gas 360)—Energy Market Assessment: The latest data on America’s employers shows that we are not in a recession or heading toward one. More prosperity-producing ingredients are needed. Last Tuesday, the Bureau of Labor Statistics Job Openings and Labor Turnover (JOLTs) report showed that the number of non-farm job openings increased by 329,000 in August to 8.040 million (Figure 1,
Sign up to receive daily news and stock prices from Oil & Gas 360® directly in your email inbox.
Market Data ©2020–2024 QuoteMedia. Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges). RT=Real-Time, EOD=End of Day, PD=Previous Day. Market Data powered by QuoteMedia. Terms of Use.
