Appeals court will not reconsider decision to overturn Obama-era fracking rule by John Siciliano | Dec 27, 2017, 1:13 PM The Trump Interior Department is moving forward with its plan to repeal the Obama-era regulation on oil and natural gas drilling on federal lands. (AP Photo/Keith Srakocic) A federal appeals court said Wednesday it will not reconsider its … Read more
Suncor Energy Inc. oil tanks stand in this aerial photograph taken near Fort McMurray, Alberta, Canada, on Thursday, June 4, 2015. Photographer: Ben Nelms/Bloomberg In the oil and gas industry, sometimes it is hard to figure out what is real and what isn’t – what is really happening, and what really isn’t happening. I spent … Read more
Oil Prices Hit High, Before Sliding, Amid Disrupted Supply Interruptions across the world and OPEC’s productions cuts buoy a beleaguered oil industry The Bashneft PAO oilfield, Russia. Oil-supply cuts and disruptions have coincided with healthy oil demand this year as the global economy enjoys a rare spurt of synchronized growth. PHOTO: ANDREY RUDAKOV/BLOOMBERG NEWS By : Georgi … Read more
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Strong crude demand and signs of ebbing U.S. production led oil back into a bull market Demand was a bright spot, following worries that damage from major hurricanes in the southern U.S. would crimp consumption. Above, a refinery in Ohio. PHOTO: LUKE SHARRETT/BLOOMBERG NEWS By Alison Sider and Amrith Ramkumar Oct. 1, 2017 7:00 a.m. ET 15 COMMENTS Oil investors … Read more
