Gavin Newsom outraged over California’s high gas prices, says oil companies are ‘price fixing’
California Governor Gavin Newsom wants his citizens to be outraged over high gas prices, threatening to sue oil companies, requesting on Monday that California Attorney General Xavier Becerra investigate possible More...
Global Warming roundup: The questions after the IPCC report
After the IPCC report, global warming critics continue to ask the same questions, attacking the science of projecting temperature and weather decades, even centuries into the future. Anthony Watts writes: “…it’s More...
Five Things Likely to Get More Expensive in 2018
Today’s economy is a global economy. No longer to countries run independently from one another; markets are networked and connected like never before. A poor wheat crop in the U.S. can cause hunger and price hikes More...
5 Steps on the Path to Proper Engine Maintenance
Today’s automobile engines are marvels of technology, continually refined over more than a century. As such they have very little in common with the straight 6 in your grandfather’s ‘69 Dodge Dart and it’s More...
Petroleum Fuels America
Where would the USA be without petroleum? Ever since it was discovered, petroleum has been responsible for keeping the economy chugging along, thanks to petroleum distribution companies like Petroleum Wholesale. More...
Global Oil Execs Predict Steady Rise in Crude Prices during Balance of 2016
During a recent speech at the Economic Club of Washington D.C., BP chief executive Bob Dudley echoed the sentiments of other global oil leaders, predicting that the crude oil prices which have been sitting at historic More...
New Data Generates Robust Petroleum Rally
On Wednesday April 6, the Energy Information Administration released its estimate of petroleum inventories and to the surprise of most in the market, they reported a large draw of crude oil. The draw cannot be completely More...
US, Saudi, OPEC blamed for lowing oil prices to hurt Russia, Iran
Why are gas prices dropping? How low with the price of oil fall? Questions that the most ignorant American may be thinking as they see prices plunge lower and lower. Even as prices began dropping, fingers pointed More...
Goldman Sachs: Lower oil prices to cause loss of $1 trillion, many projects ‘unprofitable’
The global oil industry will face a loss of $1 trillion as producers will be forced to cancel a number of key projects if oil prices stay below $60, says Goldman Sachs. Tuesday’s Brent crude trading at $59.9 More...
President Obama cornered on Keystone Pipeline, Dem Mary Landrieu calls for vote
Democrats may still be reeling from the midterm election results and now President Obama will face immediate pressure to move ahead on the Keystone Pipeline. Democratic Sen. Mary Landrieu sees the writing on the More...
Fourth straight day of record gas prices in California
The rise in California gasoline prices has slowed after recent jarring increases, but nonetheless the cost of a gallon inched up to another record high, even as officials hope their emergency action will help ease More...
