The oil rally looks doomed, in five charts
Even as prices rise for oil contracts that will be settled in the next few months, the price of oil is actually falling when delivery won’t take place for years.
Archive for month: April, 2015
Gas station owner: E15 good for car owners and environment
As a retailer who has been selling E15 for a year, I know firsthand the benefits it has for the environment, consumers and retailers like me: it’s cleaner, it’s cheaper, and it gives drivers and retailers more options.
Natural gas prices plunge on low spring demand
Natural gas prices plunged to their lowest point in nearly three years as weather updates suggest this spring could bring some of the weakest demand in more than a decade.
Shell and Total delay west Africa projects after oil price rout
Royal Dutch Shell and France’s Total have delayed multibillion-dollar offshore oil projects in west Africa as part of efforts to rein in costs and shore up cash flow following the collapse in crude prices.
Pope Francis steps up campaign on climate change, to conservatives’ alarm
As Pope Francis prepares to deliver what is likely to be a highly influential encyclical this summer on environmental degradation and the effects of human-caused climate change on the poor, he is alarming some conservatives in the United States who are loath to see the Catholic Church reposition itself as a mighty voice in a cause they do not believe in.
Iowa retailer takes ethanol story to the Hill
Nevada businessmen, Charlie Good, and cattleman Bill Couser, were among thsoe who attended the American Coalition for Ethanol Fly-in in Washington, D.C., last month as part of the effort by fuel retailers who have found themselves in a battle with big oil to offer higher ethanol blends.
Billionaires versus Big Oil
A growing number of the world’s wealthiest people, From both ends of the political spectrum, are banding together to bet on new technologies that could displace fossil fuels. The one thing they have in common? They believe it will make them a lot of money.
New study links weather extremes to global warming
The moderate global warming that has already occurred as a result of human emissions has quadrupled the frequency of certain heat extremes since the Industrial Revolution, scientists reported Monday.
Rising gas prices will continue to soar
After problems at three California refineries spooked the state’s oil market, gas prices have jumped as much as 20-cents a gallon — and they could go up another dime or more in the coming days.
Gas prices rise to highest level of the year
The average price of regular-grade gasoline in the United States rose about 5 percent in the past two weeks to $2.58 a gallon, according to the Lundberg survey released Sunday.
