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EIA expects solar and wind to be larger sources of U.S. electricity generation this summer

Data source: U.S. Energy Information Administration, Short-Term Energy Outlook In our Summer Electricity Outlook, a supplement to our May 2022 Short-Term Energy Outlook, we expect the largest increases in…

U.S. oil pipeline operators gear up for higher shale output

HOUSTON, May 11 (Reuters) - The volume of crude oil flowing on pipelines from the top U.S. shale field to export hubs on the U.S.…

Warren Buffett’s Berkshire Hathaway Keeps Adding to Occidental Petroleum Stake

This year's rise in oil prices has lifted Occidental's earnings, and the stock.Spencer Platt/Getty Images Berkshire Hathaway continued to add to its large stake in Occidental…

U.S. oil settles below $100 a barrel on economic worries, strong dollar

Fossil fuels are ingrained in the global energy mix and companies continue to discover and develop oil and gas fields at locations around the world.…

What Europe’s ban of Russian oil could mean for energy markets – and your gas prices

A gas pump is seen at a Shell gas station in Houston on April 1.Brandon Bell/Getty Images It's going to get even more volatile in…

Oil settles up on distillate strength, supply concerns

Storage tanks are seen at Marathon Petroleum's Los Angeles Refinery, which processes domestic & imported crude oil into California Air Resources Board (CARB), gasoline, diesel…

Oil falls 3% as investors focus on weak China economic activity

Price action West Texas Intermediate crude for June delivery CL.1, -3.76% CL00, -3.74% CLM22, -3.73% slumped $3.95, or 3.8%, to $100.74 a barrel on the New York Mercantile Exchange.July Brent crude BRN00, -3.29% BRNN22, -3.41%, the global…

U.S. drillers add oil and gas rigs for record 21 months a row

April 29 (Reuters) - U.S. energy firms last week added oil and natural gas rigs for a record 21 months in a row as high…

The True Cost of Going Electric | Cost Breakdown

Electric vehicles can equal savings in many areas, but insurance might not be one of them Source: Yahoo Finance U. J. Alexander / iStock.com Gas…

Interior to remove millions of acres from possible oil development in National Petroleum Reserve-Alaska

Lakes dominate the landscape in a northern part of the National Petroleum Reserve-Alaska. (Anne Raup / ADN) The Biden administration said Monday that it will…