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Balanced Reporting. Trusted Insights.
Monday, March 20, 2023
As increases in demand outpace growth in production, the Energy Information Administration predicts crude oil will average $62 per barrel in 2018, raising its earlier forecast by $3 a barrel.
Natural gas leads an upward trend in fossil fuel production that will continue to break records through 2019, according to Energy Information Administration forecasts.
WASHINGTON, Oct. 25, 2017 - Total petroleum deliveries increased 2.4 percent in September from a year earlier and were the highest for the month in a decade, according to the American Petroleum Institute (API).
TEXAS, September 6, 2017 - The tremendous resilience of the Texas petroleum refining industry was reaffirmed Tuesday as refiners began restarting operations after the devastating effects of Hurricane Harvey.