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. Gulf Coast could surge to…
SWEETWATER, TX - JANUARY 19: An oil pumpjack works on January 19, 2016 in Sweetwater, Texas. Global oil prices continue their downward fall with U.S. oil dropping towards $27 a barrel, its lowest since 2003, on worries about global oversupply. Following a diplomatic agreement on nuclear fuel with America, Iran has forecast it will add 500,000 barrels per day to global production, following the lifting of sanctions. (Photo by Spencer Platt/Getty Images)
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 Petroleum OXY +8.21% in recent days, buying about…
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May 2, 2022
3:47 PM EDT
Last Updated 21 hours ago
Oil settles up on distillate strength, supply concerns
By Laura Sanicola
3 minute read
Storage tanks at Marathon Petroleum's Los Angeles Refinery in Carson, California, U.S.
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 fuel, and other petroleum products, in Carson, California, U.S., March 11, 2022. Picture taken with a drone. REUTERS/Bing Guan/Files
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 fuel, and other petroleum products,…
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 benchmark, dropped $3.82, or 3.5%,…
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 prices reached record highs in…
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 roll back a Trump-era land use…
Biden wants to let people buy blended gasoline to lower prices. There’s just one big problem
It's one of the main drivers of U.S. inflation reaching a 40-year high, and among the factors most likely to hurt Democrats’ electoral chances in the November midterms. It’s high gasoline prices, and…
Customer Events Photo Reel
Out and about with our customers and partners. RKA Customer Appreciation | Wholesale Golf Outing Tiger Stadium RKA & Oscar Larson Opening Day Golfing w Highland Tank’s Jeremy Martin. Fueling…
In 2020, 27% of U.S. households had difficulty meeting their energy needs
Source: U.S. Energy Information Administration, Residential Energy Consumption Survey (RECS) In 2020, 34 million U.S. households (27% of all U.S. households) reported difficulty paying energy bills or reported that they had kept their…
Europe and Russia are playing a game of chicken with their gas supply, writes Samantha Gross.
Ina Fassbender/AFP via Getty Images
“This Energy Crisis is Different”
Europe and Russia are playing a game of chicken with their gas supply, writes Samantha Gross.Ina Fassbender/AFP via Getty Images About the author: Samantha Gross is the director of the Energy Security…
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