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April 2020
Former Vice President Joe Biden promised to stop issuing leases for oil and natural gas drilling on federal lands and in offshore...
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April 2020
With the twin blows of the Saudi-Russian oil production increases and the worldwide coronavirus pandemic causing a historic drop in oil demand,...
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April 2020
Worldwide automobile sales have fallen by large numbers and countries and automakers are incentivizing purchases. In China, auto sales fell 43 percent...
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April 2020
On Monday we saw an unprecedented event: the price for the May futures contract for West Texas Intermediate (WTI) oil dropped below...
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April 2020
The coronavirus pandemic has forced some airlines into bankruptcy and others may be nearing bankruptcy. Business and leisure travel both have dropped...
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April 2020
The Energy Information Administration (EIA) revised its oil production forecasts in its April Short Term Energy Outlook due to the coronavirus pandemic...
