by Beth Holmes | Mar 29, 2023 | Companies, News
Oil companies should be penalized for spikes in gas prices, says California with a new bill expected to pass by month’s end. Last summer in the wake of Russia’s invasion of Ukraine, the average gas price in California reached a record high at $6.44 per...
by Beth Holmes | Dec 19, 2022 | Companies, News
The Keystone pipeline, lightning rod of fossil fuel controversy, has spilled about 14,000 barrels of crude oil in a creek in Washington County, Kansas. TC Energy, the Canada-based company that operates the onshore pipeline, reported that they shut the Keystone system...
by Beth Holmes | Mar 14, 2022 | Companies, News
Shell announced on Tuesday that they will stop buying oil products from Russia after heavy criticism over their purchase last week of a large shipment of Russian crude oil. The only thing that will change immediately for Shell is a full stop on buying Russian oil on...
by Admin | Jan 11, 2018 | News
Last year I suggested that the U.S. may be on the cusp of a new oil boom. Now it seems that boom is becoming a reality. The new year is only now beginning, but the good times are already rolling for the oil industry in the United States. According to The Washington...
by Admin | Nov 8, 2017 | News
On November 4, Saudi Arabia’s newly formed anti-corruption committee arrested at least 17 princes and top officials. The list of those arrested includes Prince Alwaleed bin Talal, who owns 95 percent of Kingdom Holding, an investment company that holds stakes in...
