ISIS still stealing, spilling and smuggling oil throughout Iraq
While ISIS is steadily losing its hold on populated areas, it still controls a not-insignificant portion of territory that contains oil and oil infrastructure.”
Oil for U.S. hawked to others as storm snarls flows of crude
Sellers of crude to U.S. refineries that are still assessing the damage from Hurricane Harvey are seeking an alternative home for their supply.
Gas shortage shifts from Texas to Florida
Truckers who hauled gasoline to Texas last week from Florida may run the same route in reverse next week as Hurricane Irma bears down on the Sunshine State.
A war with North Korea could send oil prices skyrocketing
An open military conflict in Northern Asia would disrupt more than a third of global seaborne crude oil trade, Wood Mackenzie warned last week amid yet another escalation between North Korea, its neighbors, and the U.S.
Report: Oil fading as an energy source because of electric vehicles
However: The pace at which the energy sector shifts to a low-carbon model isn’t fast enough to stave off the impacts of climate change, consultant group DNV GL found.
Gasoline prices jump in Harvey’s wake
Gasoline prices surged to a two-year high at the pump Thursday after the owner of the largest pipeline in the U.S. reported that shipments are being sharply curtailed, spreading the economic pain from Hurricane Harvey throughout the nation.
Harvey’s toll on energy industry shows a Texas vulnerability
For years, much of the nation’s refinery capacity and chemical production have been concentrated along the swamps and narrow inlets of the Gulf of Mexico, risking devastation in a monster storm.
Hurricane Harvey highlights our dangerous dependence on oil
In the wake of Hurricane Harvey, the most important thing is to ensure that those in its direct path are safe and have the help they need. We must work together to offer whatever support we can so the people impacted can return home and begin rebuilding their lives.
East coast may face fuel shortages after storm disrupts major pipeline
The Colonial Pipeline said its system, which runs from Texas to New Jersey, is starting to have problems stemming from Hurricane Harvey. The notice from the company adds to concern that Houston’s hard-hit energy infrastructure could result in higher fuel prices or shortages in other parts of the country.
Harvey threatens U.S. energy supply, says former Shell president John Hofmeister
Former Shell president John Hofmeister, a member of Fuel Freedom’s board, said Tropical Storm Harvey poses risks to the U.S. energy supply during an appearance on Fox Business.
