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New Jersey Gov. Phil Murphy Signs Electric Vehicle Law

New Jersey Gov. Phil Murphy signed legislation Jan. 17 to support electric vehicle use and charging infrastructure in the state.

January 17, 2020

China to Buy $52 Billion of Additional US Energy Products

China agreed to buy $52.4 billion of additional U.S. energy products as part of a landmark trade deal signed by the world’s two top economic superpowers.

January 15, 2020

California Port City Shuts Key Coal-Export Route

A critical route for American coal exports to Asia is drying up after yet another U.S. port city passed a law to bar the fuel from leaving its shores.

January 15, 2020

Trump Administration Signals Compromise on Gas Mileage Rules

The Trump administration is signaling that it could increase fuel economy standards, possibly compromising on its push to freeze them at 2020 levels.

January 15, 2020

Oil Trades Near Six-Week Low as Data Shows US Stockpiles Rose

Oil traded near a six-week low as industry data showing an increase in U.S. crude stockpiles reaffirmed expectations that global markets will be oversupplied in the first part of the year.

January 15, 2020

States Question Safety of Shipping LNG by Rail

The Trump administration’s plan to allow liquefied natural gas to be shipped by rail, in trains with as many as 100 tanker cars, lacks essential safeguards and exposes communities nationwide to the risk of lethal fires and explosions, representatives of California and other states said Jan. 13.

January 14, 2020

Shipping’s Big Bang Sends Two Global Industries Spinning

Starting Jan. 1, the vast majority of the world’s ships were forced to change the fuel they use. Some big winners — and potential losers — are starting to emerge from what was a historic switch for the world’s oil refining and maritime industries.

January 14, 2020

Diesel Falls 1.5¢ to $3.064 Per Gallon

The U.S. average retail price of diesel fell 1.5 cents to $3.064 a gallon, the Department of Energy reported Jan. 13. Oil plunged more than $5 a barrel as fears of war with Iran faded.

January 13, 2020

Oil Holds Biggest Weekly Loss Since July on Easing Gulf Tension

Oil was steady after the biggest weekly drop since July as an easing of geopolitical tension in the Middle East turned attention back to a flood of new supply set to hit the market this year.

January 13, 2020