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October 8, 2024

Energy Market Assessment: The latest data on America’s employers says we are not in a recession or heading to one.- oil and gas 360

Energy Market Assessment: The latest data on America’s employers says we are not in a recession or heading to one.

October 8, 2024

(Oil & Gas 360)—Energy Market Assessment: The latest data on America’s employers shows that we are not in a recession or heading toward one. More prosperity-producing ingredients are needed. Last Tuesday, the Bureau of Labor Statistics Job Openings and Labor Turnover (JOLTs) report showed that the number of non-farm job openings increased by 329,000 in August to 8.040 million (Figure 1,

You are my sunshine- Feds get more land for more solar- oil and gas 360

You are my sunshine- Feds get more land for more solar

October 8, 2024

(Oil & Gas 360) – The federal Bureau of Land Management (BLM) has finalized its plan to add nearly 50% more public lands to generate more solar energy. The agency’s Western Solar Plan, which first targeted 22 million acres across Arizona, California, Colorado, Nevada, New Mexico, and Utah in its original plan in 2012, has been expanded to 31 million acres

Oil prices tumble 4% as demand fears override Middle East risk- oil and gas 360

Oil prices tumble 4% as demand fears override Middle East risk

October 8, 2024

(Oil Price) – Oil prices slumped by more than 4% early on Tuesday as traders have yet to see an actual supply disruption in the Middle East while focusing on China’s underwhelming demand again. Both benchmarks, WTI Crude and Brent Crude, were down by about 3% as of 9:30 a.m. EDT on Tuesday. The U.S. benchmark fell below $75 per barrel, and the Brent

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