Venezuela holds the world’s largest proven oil reserves, making it a strategic prize for any global power. For the United States, having a pro-American government…
Author: News
Halliburton Slashes Workforce, Signaling Strain in Economy
Halliburton (NYSE: HAL) has been reducing its workforce in recent weeks, Reuters reported Friday, with industry analysts pointing to a slowdown in the U.S. economy…
Trump’s Toxic Foreign Policy Is Pushing Mexico Into Fracking and Energy Independence
Pemex’s fracking push is controversial, but company leaders argue the alternative is worse: leaving valuable gas in the ground and keeping Mexico hooked on U.S….
Shale Producers Slash Spending as Oil Price Slump Threatens U.S Drilling Boom
It’s looking like another Oil Bust is on the way. America’s shale producers are slashing spending at a pace that signals mounting distress across the…
U.S. Oil Stocks Fall Again as Refiners Scale Back, Markets Eye Supply Signals
U.S. crude inventories declined for a second straight week, underscoring tightening supply even as refineries pulled back on capacity use, the Energy Information Administration reported…
Oil Prices Ease After Tariff Shock, Markets Brace for U.S.-India Tensions
Global crude benchmarks slipped on Tuesday, stabilizing after touching a three-week high the previous session, as markets digested the looming escalation of U.S.-India trade tensions….
Legislature on price gouging?
Big oil is ripping you off AND lying to you! We’re working with the Legislature on a price gouging penalty to keep oil company profits…
A path back to energy independence?
We need to chart a path back to energy independence and ensure President Biden is not able to sell our critical oil supplies to China…
US Seeks to Refill its Depleted Oil Stockpiles
The United States will halt oil-reserve sales in order to fill its depleted stockpiles. This decision by the US Department of Energy comes as global…
An Economic Overview of the LNG Boom
The natural gas industry has been booming for a few years now, with many countries turning to liquefied natural gas (LNG) as their primary energy source. But how long will this boom last?
Oil prices rise over $2 on drawdown in U.S. crude stocks
The second-largest economy on the planet is opening back up and that’s fuel prices worldwide. China’s crude oil imports from Russia in November rose 17%…
What is fracking?
Fracking, also known as hydraulic fracturing, hydrofracturing or hydrofracking, is a popular technique used to stimulate the flow of oil and natural gas from underground…
Mexico Looks to become a top LNG export player
The current LNG crisis has opened the door for Mexico to export some excess natural gas. This news also gives Mexico the incentive to target…
Growing alarm as many believe the U.S may be behind the Nord Stream Pipeline sabotage.
Many in the U.S are pointing the finger squarely at the U.S, even as Biden said he would launch an investigation after the situation calms…