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Don’t Look to Oil Companies to Lower High Retail Gasoline Prices
While U.S. retail gasoline prices in many regions have remained stubbornly high since March, this situation reflects frictions in the retail gasoline market rather than the supply of oil or the price of oil.
A Ban on U.S. Crude Oil Exports Would Not Lower Gasoline Prices at the Pump
High gasoline prices have stimulated interest in what the Biden administration can do to lower the price at the pump.
High Fuel Prices in the U.S. May Crimp Oil Demand Soon
If prices climb higher, expect consumers to respond by cutting back on fuel consumption and overall spending sooner than later.
Surging Renewable Energy in Texas Prompts Electricity Generation Adequacy Questions
With little investment taking place in new thermal generation, does the design of Texas’ electricity market provide enough incentive to develop capacity for future power needs?
Spotlight: Oil Patch Productivity Rises; Jobs Vanish
After major oil price busts in 2014 and 2020, the same engineering prowess that helped the oil and gas industry thrive has been driven to find efficiencies to lower operating costs. The result: Fewer workers are needed to produce the same oil and gas output.