Crude Oil Prices Will Increase Through 2024 As Demand Rises Above Supply — EIA Forecast
We forecast higher crude oil prices in the second half of 2023 and into 2024 in our latest Short-Term Energy … [continued]
We forecast higher crude oil prices in the second half of 2023 and into 2024 in our latest Short-Term Energy … [continued]
New research indicates that mass EV adoption will reduce both US environmental and economic risk.
The oil price shock of 2022 has driven a great deal of new interest in EVs, which has just served … [continued]
The price of a gallon of gasoline is surging, putting a strain on drivers’ pocketbooks. While prices at the pump … [continued]
Middle Eastern oil producers are worried that more people will buy EVs in light of the high oil prices. Iraq’s … [continued]
Originally posted on EVANNEX. By Charles Morris The transition to electric vehicles and renewable energy is already creating winners and losers. We … [continued]
Even from this short-term crisis, IHS Markit expects no real return to “normal,” at least not soon. “However, about one third of the volumes (approximately 550,000 b/d) will stay off the market for the long-term
With production slowing and a few fossil fuel projects on hold, industry is focusing on squeezing taxpayers for every dime they can.
A barrel of West Texas Intermediate crude oil sold for minus $37 yesterday. How is that possible and what does it say about the future of the oil industry?
“Elon Musk Day” was trending on Twitter yesterday as many, including myself, celebrated him on 4/20, but what wasn’t planned was oil prices crashing to $0. Actually, oil went past $0 and into negative territory.