Sunday, November 24, 2024
U.S. midterm outcome in certain states could affect approach to energy- oil and gas 360

U.S. midterm outcome in certain states could affect approach to energy

US News NEW YORK  – Oregon’s cap-and-trade program, Maryland’s net-zero emissions targets, and Arizona’s solar subsidies all hang in the balance in upcoming midterm elections, and their fate could have an effect on U.S. climate performance.   States have taken the lead on climate in recent years in the absence of federal policy. Numerous states have already pledged net zero

Oil prices rise on supply concerns, but stockpiles weigh- oil and gas 360

Oil prices rise on supply concerns, but stockpiles weigh

BOE Report LONDON – Oil prices rose on Wednesday on supply concerns and a weaker dollar, but U.S. stockpile data capped gains.   Brent crude futures for December were up 54 cents, or 0.58%, at $94.06 a barrel by 1312 GMT. U.S. West Texas Intermediate (WTI) crude futures for December were up 80 cents, or 0.94%, at $86.12. A weaker

U.S. crude oil inventories increase by 0.5 million barrels- oil and gas 360

U.S. crude oil inventories increase by 2.6 million barrels

Weekly Crude Oil Storage as of October 21, 2022   U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 2.6 million barrels from the previous week.  At 439.9 million barrels, U.S. crude oil inventories are about 2% below the five year average for this time of year, according to the EIA crude oil and petroleum