Crude and gasoline futures both climbed to levels not seen since before the pandemic as Hurricane Laura rattled toward a key stretch of the U.S. Gulf Coast that is home to the nation’s greatest concentration of refining capacity.
August 25, 2020Search
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Hurricane Laura Set to Slam US Energy Coast
Hurricane Laura is poised to strengthen rapidly and come ashore along the Texas-Louisiana coast as a tree-snapping Category 3 storm, forcing residents to flee their homes despite the threat of COVID-19.
August 25, 2020Trump’s Arctic Oil Drilling Plan Will Be Tested in Court
Environmentalists and Alaska natives are challenging the Trump administration’s decision to sell drilling rights in the Arctic National Wildlife Refuge, arguing the government gave short shrift to the impact on polar bears and the region’s other wildlife.
August 24, 2020US Gulf Coast Faces Threat From Pair of Tropical Storms
Back-to-back tropical storms pose a combined threat to the U.S. Gulf Coast this week, where more than half of offshore oil production is already shut and residents from Texas to Florida are warily watching the skies.
August 24, 2020J.B. Hunt Progresses Toward Sustainability Goals
J.B. Hunt Transport Services has issued a report that provides a window into the company’s current energy usage and outlines a series of corporatewide sustainability goals it has adopted.
August 13, 2020Trucking Freight Increases 3% Year-Over-Year, ATA Report Says
The trucking industry collectively moved 11.84 billion tons of freight in 2019, according to American Trucking Associations’ annual data compendium — ATA American Trucking Trends 2020 — which was released July 13. That figure is a 3% year-over-year increase from 2018’s 11.49 tons of freight.
July 14, 2020Oil Refineries in Texas Grapple With COVID-19 Outbreaks
Oil refineries aren’t being spared as COVID-19 sweeps through Texas, which is setting records for new infections and hospitalizations in the U.S. almost daily.
July 10, 2020House Climate Change Plan Tackles Heavy-Duty Equipment at Ports
House Democrats say Congress should increase funding for programs at EPA and the Department of Energy to reduce emissions from equipment at ports.
July 1, 2020Second Virus Wave Threatens US Oil Demand Again
After months of empty roads, lockdowns were easing, and people were getting behind the wheel again. Then the virus struck again.
June 29, 2020Fears of Second Virus Wave Fizzle Oil Market
Oil fell again as a fresh coronavirus outbreak in China, and increases in cases elsewhere, spurred concerns that a second wave of the virus will derail a nascent economic recovery.
June 15, 2020