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Trump’s Low Oil Price Promise is a Risk and a Boon for Emerging Markets

Conventional Energy, Latest, Oil, US News / By

Summary Uncertain economic outlook could add to oversupply Lower prices accompanied by a trade war could damage economies Trump’s sway over prices is limited NEW YORK/LONDON, Dec 2 (Reuters) – Donald Trump has promised to “drill, baby, drill” to halve energy costs, a plan that sends shivers through the governments of emerging market oil producers anxious about …

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Trump Discussed Border, Trade with Canada’s Trudeau After Pledging Steep Tariffs

Conventional Energy, Latest, Natural Gas, Oil, US News / By

U.S. President-elect Donald Trump said on Saturday he discussed the border, trade and energy in a “very productive” meeting with Canadian Prime Minister Justin Trudeau amid fears of a trade war. Trudeau paid an unannounced visit to Florida on Friday evening and had dinner with Trump at his Mar-a-Lago residence, days after Republican Trump pledged …

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US Sets Tariffs for Solar Panels from Southeast Asian Nations

Latest, Renewable Energy, Solar, US News / By

Summary Companies Malaysia, Cambodia, Vietnam, Thailand imports at issue Most solar panels installed in the US are made overseas Nov 29 (Reuters) – U.S. trade officials announced on Friday a new round of tariffs on solar panel imports from four Southeast Asian nations after American manufacturers complained that companies there are flooding the market with …

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US LNG Natural Gas Demand Nears Record Level

Conventional Energy, Latest, LNG, Natural Gas, US News / By

HOUSTON, Nov 29 (Reuters) – Gas demand from the U.S. largest liquefied natural gas producers soared on Friday to near-record levels on cooler weather and fewer outages, according to preliminary data from financial firm LSEG. LNG export plants were expected to draw 14.6 billion cubic feet on Friday, the highest for the year and just …

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US Natgas Climbs More Than 3% on Cold Weather Forecast, Set For Monthly Gain

Conventional Energy, Latest, Natural Gas, US News / By

(Reuters) – U.S. natural gas futures climbed more than 3% on Friday and were on track for a monthly gain, driven by forecasts for colder weather that should boost heating demand and force utilities to start pulling more gas from storage. Front-month gas futures for January delivery on the New York Mercantile Exchange were up …

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Trump’s Oil and Gas Math Fails to Add Up

Conventional Energy, Latest, Natural Gas, Oil, US News / By

The incoming administration’s “drill, baby, drill” demand will fall on deaf ears unless rising prices encourage more production. By Liam Denning There is a certain mental model of the US energy system that envisions a giant valve hidden beneath the Resolute Desk. The notion that the president can smoothly dial energy flows and prices up and …

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Trump’s Gas Ambitions Are Bad News for Russia

Conventional Energy, Latest, LNG, Natural Gas, US News / By

Keeping sanctions on Moscow’s LNG production would help Washington sell more US fuel to the world. Liquefied natural gas has turned America into an energy export superpower, and President-elect Donald Trump wants to ship even more of the super-cooled fuel to the world. Tightening — or just maintaining — sanctions on Russian production would help. …

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BlackRock, Vanguard Accused of Antitrust Violations by Texas

Latest, US News / By

Texas leads states suing money managers including State Street Case cites coal prices, alleged collusion against producers BlackRock Inc., Vanguard Group Inc. and State Street Corp. were sued by a group of states led by Texas for allegedly breaking antitrust law by boosting electricity prices through their investments, in the highest-profile lawsuit yet against the beleaguered ESG industry. Texas Attorney …

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Exxon Lobbyist Investigated Over Hack-and-Leak of Environmentalist Emails, Sources Say

Latest, US News / By

  FBI has been investigating Exxon Mobil consultant Cyber spying operation targeted hundreds of Exxon Mobil critics Leaked documents later cited by Exxon Mobil and others in court filings (Reuters) – The FBI has been investigating a longtime Exxon Mobil consultant over the contractor’s alleged role in a hack-and-leak operation that targeted hundreds of the …

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Trump Inflation on the Way: Trump’s Proposed Tariffs on Canadian Oil Would Drive Up U.S. Pump Prices, Analysts Warn

Conventional Energy, Energy Topics & Technology, Gasoline, Latest, Oil, Pinned Primary, US News / By

Summary Tariffs could raise US fuel prices by 10%, analysts say Many refineries configured to run heavy Canadian grades Midwest refineries most reliant on Canadian crude imports Gulf Coast refiners have some capacity to import more OPEC oil (Reuters) – U.S. President-elect Donald Trump’s pledge to impose tariffs on Canada would drive up fuel prices for …

Trump Inflation on the Way: Trump’s Proposed Tariffs on Canadian Oil Would Drive Up U.S. Pump Prices, Analysts Warn Read More »

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