NICOSIA, Cyprus — ExxonMobil has made the world’s third-biggest gas find in the past two years off the cost of Cyprus, the country’s government said Feb. 28.
February 28, 2019Search
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Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Oil Imports at 23-Year-Low, Output Hits Another Record
The United States imported the least amount of crude oil on a weekly basis in 23 years, as OPEC-members Saudi Arabia and Venezuela cut their shipments to unusually low levels.
February 27, 2019Bill to Reshape Colorado Oil, Gas Regulations Coming Soon, Democrats Say
Tighter rules on Colorado oil and gas development struck out at the ballot box in November and at the state Supreme Court in January. Now, Democrats, who control the Legislature, plan to introduce a sweeping bill to redefine the Colorado Oil & Gas Conservation Commission’s mission to emphasize public health and safety.
February 25, 2019Trump Attacks OPEC Again, Warning Against High Oil Prices
President Donald Trump resumed his attacks on OPEC, saying the world is too fragile to handle a price hike and urging the cartel to “relax and take it easy.â€
February 25, 2019Governors Discuss Trucking’s Role in Raising Infrastructure Funds
WASHINGTON — The trucking industry can serve as a testing ground for vehicle miles traveled programs, according to governors gathered to discuss infrastructure.
February 23, 2019House Transportation Panel to Examine Climate Change Impact
The wave of climate policy-centric hearings in the U.S. House of Representatives this month continues.
February 22, 2019Crude Dragged Lower as US Production Hits Record
Oil declined for the first time in more than a week after U.S. government data showed an increase in crude stockpiles and production, and as the commodity tracked moves in the equity market.
February 21, 2019PHMSA Issues Rule Requiring Oil Spill Response Plans for Flammable Trains
The Pipeline and Hazardous Materials Safety Administration has issued a final rule that requires railroads to develop and submit comprehensive oil spill response plans for route segments traveled by high-hazard flammable trains.
February 20, 2019Diesel Jumps 4¢ to $3.006 a Gallon
The U.S. average retail price of diesel rose 4 cents to $3.006 a gallon, according to the Department of Energy. The price of crude oil climbed into the mid-fifty-dollar range, a three-month high, as international supplies tightened and concerns over a deeper trade war with China lessened.
February 19, 2019CO2 Caps Coming for Trucks in European Union
European Union negotiators agreed to impose caps on carbon dioxide from trucks for the first time, stepping up the fight against climate change with a challenge to manufacturers such as Daimler AG.
February 19, 2019