Trump

May WTI Sheds 35 Cents Despite Historic OPEC Supply Agreement

May WTI Sheds 35 Cents Despite Historic OPEC Supply Agreement

U.S. oil prices reacted tepidly on Monday to an agreement by the Organization ofthe Petroleum Exporting Countries (OPEC) and its allies to slash output by an unprecedented 9.7 million b/d during May and June, illustrating the formidable challenge posed to the market by the Covid-19pandemic.

April 13, 2020
May WTI Sheds 35 Cents Despite Historic OPEC Supply Agreement

May WTI Sheds 35 Cents Despite Historic OPEC Supply Agreement

U.S. oil prices reacted tepidly on Monday to an agreement by the Organization ofthe Petroleum Exporting Countries (OPEC) and its allies to slash output by an unprecedented 9.7 million b/d during May and June, illustrating the formidable challenge posed to the market by the Covid-19pandemic.

April 13, 2020
Senate Energy Chair Wants DOE to Shine Spotlight on Possible Oil Production Shut-Ins

Senate Energy Chair Wants DOE to Shine Spotlight on Possible Oil Production Shut-Ins

Lisa Murkowski (R-AK), chairman of the Senate Energy and Natural Resources committee, is urging the Department of Energy’s Energy Information Administration (EIA) to publish data on oil storage capacity as a warning indicator of potential shut-in oil production.

April 1, 2020
Senate Energy Chair Wants DOE to Shine Spotlight on Possible Oil Production Shut-Ins

Senate Energy Chair Wants DOE to Shine Spotlight on Possible Oil Production Shut-Ins

Lisa Murkowski (R-AK), chairman of the Senate Energy and Natural Resources committee, is urging the Department of Energy’s Energy Information Administration (EIA) to publish data on oil storage capacity as a warning indicator of potential shut-in oil production.

April 1, 2020

U.S. and India to Promote Energy Ties, Say Trump and Modi

President Trump and India’s Prime Minister Shri Narendra Modi vowed Wednesday to strengthen a comprehensive global strategic partnership between their countries, including growing links in trade and investment in hydrocarbons such as liquefied natural gas (LNG).

February 26, 2020
Trump Sends Danly’s FERC Nomination to Senate for Second Time

Trump Sends Danly’s FERC Nomination to Senate for Second Time

For the second time in less than five months, President Trump has nominated James Danly to be a member of FERC for the remainder of a term expiring June 30, 2023, the White House said Wednesday.

February 12, 2020
‘True Energy Security’ for Europe Available Via U.S. Natural Gas, Oil Revolution, Says Trump

‘True Energy Security’ for Europe Available Via U.S. Natural Gas, Oil Revolution, Says Trump

The United States is “by far the No. 1 producer of oil and natural gas anywhere in the world, by far,” and the country’s allies should look to that supply to enhance their energy security, President Trump said at the World Economic Forum in Davos, Switzerland, Tuesday.

January 21, 2020
‘True Energy Security’ for Europe Available Via U.S. Natural Gas, Oil Revolution, Says Trump

‘True Energy Security’ for Europe Available Via U.S. Natural Gas, Oil Revolution, Says Trump

The United States is “by far the No. 1 producer of oil and natural gas anywhere in the world, by far,” and the country’s allies should look to that supply to enhance their energy security, President Trump said at the World Economic Forum in Davos, Switzerland, Tuesday.

January 21, 2020

Trump Administration Formalizes U.S. Withdrawal from Paris Climate Change Accord

The United States has submitted formal notification of its withdrawal from the United Nations (UN) global climate agreement, aka Paris Agreement, effective one year from now, Trump administration officials said Monday.

November 5, 2019
DOE Secretary Rick Perry to Step Down by Year’s End

DOE Secretary Rick Perry to Step Down by Year’s End

Department of Energy (DOE) Secretary Rick Perry plans to step down by the end of the year, he said in a letter to President Trump.

October 18, 2019