Oil climbed to the highest in almost two weeks as traders looked ahead to this week’s OPEC+ meeting with speculation that renewed demand concerns will spur the group to keep production in check.
March 29, 2021Search
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Suez Canal Choked for Third Day as Elite Team Tackles Stuck Ship
A huge backlog of ships was building up around the Suez Canal for a third day as an elite salvage team set about the monumental challenge of freeing the container vessel that’s blocking the crucial waterway.
March 25, 2021Elizabeth Warren, AOC Lay Down Green Transit Plan for Biden
Progressives in the House and Senate plan to set down a marker March 18 for President Joe Biden’s infrastructure plans, introducing a $500 billion proposal to shift U.S. transportation away from fossil fuels.
March 18, 2021Texas’ Gas-Export Clampdown Shocks Market as Blackouts Continue
Texas is restricting the flow of natural gas across state lines in an extraordinary move that some are calling a violation of the U.S. Constitution’s commerce clause.
February 18, 2021Amazon Starts Road Testing Rivian Electric Vans in Los Angeles
Amazon .com Inc. began testing the first lot of its Rivian Automotive Inc. electric delivery vans in Los Angeles as it works to fulfill a pledge to meet the goals of the Paris climate accord 10 years early.
February 3, 2021Exports Boosted US Shale Market, but Long-Term Demand Uncertain
These past five years could very well go down as the best years that U.S. shale oil exporters will ever see.
January 12, 2021Winter LNG Boom Creates Most Expensive Cargo Ships in History
An unprecedented shortage of liquefied natural gas tankers has made them the most expensive ships ever hired to ferry commodities.
January 11, 2021US Imports No Saudi Crude Oil for First Time in 35 Years
The U.S. didn’t import any Saudi crude the week of Dec. 28 for the first time in 35 years, a reversal from just months ago when the Kingdom threatened to upend the American energy industry by unleashing a tsunami of exports into a market decimated by the pandemic.
January 6, 2021Year in Review: COVID-19, Infrastructure, Regulations Dominate 2020
The memory of 2020 will be forever linked to the COVID-19 pandemic.
December 18, 2020Year in Review: Trucking Emerges Strong After Challenging 2020
Trucking emerged from one of the most challenging years on record strong and battle-tested, as robust freight demand propelled by soaring demand for consumer goods amid the coronavirus pandemic boosted spot rates and lifted financial results for many publicly traded fleets.
December 18, 2020