Natural gas plummets after inventory report
Natural-gas futures plunged Thursday after a government report showed a smaller-than-expected withdrawal last week, fueling fears over the high levels of gas storage.
Natural-gas futures plunged Thursday after a government report showed a smaller-than-expected withdrawal last week, fueling fears over the high levels of gas storage.
A hydraulic fracturing operation near Fox Creek, Alta., has been shut down after an earthquake hit the area Tuesday.
What’s going on? It’s a wonky topic, but it’s really not as complicated as it may seem — so stick with us.
While American consumers were taking advantage of low gas prices to buy trucks and sport utility vehicles in large numbers, some automakers delayed investing in slower-selling electrified vehicles.
Crude oil production in February from seven major US shale plays is expected to fall 116,000 b/d to 4.83 million b/d, according to the US Energy Information Administration’s latest Drilling Productivity Report.
Volkswagen AG’s work to overcome the emissions-cheating scandal was set back after the California Air Resources Board rejected its proposed engine fix, just a day before Chief Executive Officer Matthias Mueller meets regulators to discuss ways out of the crisis.
There aren’t many people who feel bad for oil companies. But the implosion in oil prices — which briefly pushed the price of crude below $30 a barrel Tuesday for the first time since 2003 — is causing a profit decline that almost invokes pity.
Chrysler is dropping the venerable “Town & Country” name in an effort to get away from the stigma attached to the minivan as a uncool vehicle.
The oil bust that has cost the United States roughly 70,000 energy jobs has become more severe than any downturn in 45 years, Morgan Stanley said Monday, as crude prices fell a sixth day.
American drivers are turning their backs on better mileage.