Gas prices have dipped after hitting highs not seen since 2014, though the decline could be temporary. The national average per gallon dipped nearly 3 cents to $3.14, according to GasBuddy. That’s 4.7 cents down from a month ago and nearly a dollar from July 2020. A big reason for the decline? Crude oil prices…
Texas Upstream Oil and Gas Sector Continues to Add Jobs
The Texas upstream oil and gas sector continues to add jobs, new data from the Texas Workforce commission shows. In June, upstream oil and natural gas employment expanded by 3,100 jobs, the fifth best single-month performance in over five years. Since the low point in employment in September 2020, months with job gains in the…
NTD Business Full Broadcast (July 6)
Oil prices rising on high demand and low supply. OPEC+ countries canceling crisis talks because they can’t agree on what to do. What does one expert think could happen next? The Pentagon cancels a cloud computing contract with Microsoft, after extended legal pressure from Amazon. Amazon claims the Pentagon chose Microsoft because of politics. Forget about hiring new…
Australian Renewable Agency Blocked from Funding Low Emissions Technologies
June 23, 2021
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The Australian Government’s plan to use its Renewable Energy Agency (ARENA) to bankroll the development of low emissions technologies has been extinguished after a bill it banked on passing was blocked, stopping access to billions of dollars in funds. Last year’s 2020-21 federal budget (pdf) had allotted $1.6 billion (US$1.2 billion) to ARENA in the…
What ESG Investing Could Mean for Oil Prices and Inflation
investments in oil and gas companies and their development of new projects are coming under increasing scrutiny due to ESG
Federal Government Must Recognize Importance of Oil, Gas Sector: Conservative MP
A Conservative MP introduced a motion calling on the federal government and the House of Commons to recognize the importance of the oil and gas sector in Canada. The motion, M-61 Support for Oil and Gas, introduced by Ziad Aboultaif to the House of Commons on April 20, consists of eight points including highlighting the…
Oil Near One-Month Highs as Demand Outlook Improves
Oil prices eased on Thursday but remained close to a one-month high driven by more positive demand forecasts from the International Energy Agency and OPEC.
‘We Are Running Out of Time,’ Warns Regulator as Australia Faces Gas Shortfall
According to a new report by the Australian Competition and Consumer Commission (ACCC), gas supplies on Australia’s east coast and southern states are under threat. During a conference on March 24, ACCC chair Rod Sims brought to attention a looming gas crisis—which may affect close to 90 percent of Australians—and pointed out we are running out…
‘We Are Running Out of Time,’ Regulator Warns as Australia Faces Gas Shortfall
According to a new report by the Australian Competition and Consumer Commission (ACCC), gas supplies on Australia’s east coast and southern states are under threat. During a conference on March 24, ACCC chair Rod Sims brought to attention a looming gas crisis—which may affect close to 90 percent of Australians—and pointed out we are running out…
NTD Evening News Full Broadcast (March 24)
President Joe Biden puts Vice President Kamala Harris in charge of handling the surge of migrants at the southern border, former Secretary of State Mike Pompeo shares his take on China and what’s happening at the southern border, and another multi-state lawsuit is filed against Biden over halting oil and natural gas leases.
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