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Category: Energy


Energy, Industries

Coal workers fight for benefits as industry struggles under Trump

August 21, 2019

Via: NBC News

WASHINGTON — Dozens of retired miners, some in wheelchairs and using oxygen tanks to manage black lung disease, recently visited the Capitol seeking federal help for their failing pension plans. A day later, President Donald Trump traveled to the miners’ […]


Energy, Industries

Trump’s Oil Sanctions Leave Russian Exporters $1 Billion Richer

August 16, 2019

Via: Fortune

U.S. President Donald Trump’s sanctions against Iran and Venezuela have inadvertently increased demand for a Russian brand of crude oil, boosting revenues for the nation’s exporters. Russian oil companies received at least $905 million in additional revenues between November and […]


Energy, Industries

Oil is surging as traders brace for the UK’s response to Iran’s seizure of a British-flagged oil tanker

July 22, 2019

Via: Business Insider

Oil prices surged on Monday as traders braced for potential supply disruptions following Iran’s seizure of a British-flagged oil tanker last week. The Iranian Revolutionary Guard captured the Steno Impero in the Strait of Hormuz on Friday. Tehran has signaled […]


Energy, Industries

Oil higher as rising U.S.-Iran tensions stoke worries over flow of crude

July 19, 2019

Via: Market Watch

Oil futures remained on track for a steep weekly fall but traded higher early Friday, a day after the U.S. said it shot down an Iranian drone in the Strait of Hormuz, stoking worries that rising tensions between Washington and […]


Energy, Industries

Oil heads for fifth straight gain, buoyed by expected drop in U.S. stockpiles

July 10, 2019

Via: Market Watch

Oil prices shot higher Wednesday, working toward a string of five uninterrupted daily gains, as preliminary U.S. data showed a larger-than-expected drop in supply. The price gain was also due to several companies having “evacuated and reduced production at their […]


Energy, Industries

Electric bills can be a pain. Here's where you'll pay the most for them

July 9, 2019

Via: USA TODAY

Many Americans dread having to pay their electricity bills, especially in the summer. Keeping the lights on, phones charged, and air conditioning running is an expensive but necessary cost. In most states, people pay over $111 a month for electricity. […]


Energy, Industries

Oil prices extend June surge as Russia signals intent to stick with OPEC+ production curbs

July 1, 2019

Via: Market Watch

U.S. oil prices snapped back with modest gains Monday, building on the more than 9% jump for the month of June, as major producers said they’ll hold back in pushing more oil onto the global market. August West Texas Intermediate […]


Energy, Industries

Oil prices turn higher after EIA data show first U.S. crude-supply decline in 3 weeks

June 19, 2019

Via: Market Watch

Oil futures turned higher Wednesday after a U.S. government snapshot of crude supplies revealed a larger-than-expected drawdown in crude stockpiles, the first in three weeks. The market also digested news that the Organization of the Petroleum Exporting Countries and their […]


Energy, Industries

Oil is surging after a suspected torpedo attack on 2 tankers in the Gulf of Oman

June 13, 2019

Via: Business Insider

The price of oil surged on Thursday after a suspected attack on two tankers in the Gulf of Oman. One of the vessels, Front Altair, was “suspected of being hit by a torpedo,” according to the Associated Press, citing Taiwan’s […]


Energy, Industries

Oil is nearing its biggest weekly loss this year as demand and trade-war woes combine in a ‘recipe for disaster’

May 24, 2019

Via: Business Insider

Oil prices slumped more than 5% on Thursday, leaving them poised to record their biggest weekly fall this year. The decline reflects a cocktail of factors including disappointing American manufacturing data, rising US shale production, softer demand from refineries, and […]