Is China a Colonial Power?
Or is it presenting an alternative model of development to a world that could use one?
LIBOR: Shipping's elephant in the room
As LIBOR increases, stresses on shipping industry balance sheets, cash flows and earnings also rise. With rates still at relatively low levels in historic terms, further increases are likely, and for a highly capital-intensive sector like shipping, this will undoubtedly weigh heavily on already debt-laden companies.
The 2018 EIA Energy Conference is one month away
(Fri, 04 May 2018) EIA is hosting its 2018 Energy Conference on Monday, June 4, and Tuesday, June 5, in Washington, DC, where attendees will get up-to-date information on a wide set of emerging energy issues. This two-day event provides an opportunity to meet and network with energy analysts, decision makers, and EIA staff. Last year, more than 900 people from industry, government, and academia attended the conference.
Americans will pay more at the pump this summer, but things could be worse for drivers
The US government forecasts that summertime gasoline prices this year will be at their highest level since 2014, when Taylor Swift’s “Shake It Off” was at the top of all the music charts and Andrew Garfield still played Spider-Man.
Biodiesels produced from certain feedstocks have distinct properties from petroleum diesel
(Thu, 03 May 2018) Biodiesel is a renewable fuel made from various feedstocks, including refined vegetable oils, recycled cooking oils, and rendered animal fats. Different feedstocks produce biodiesel with distinct qualities that must be considered when blending biodiesel with petroleum diesel for use in transportation.
U.S. imports of Canadian crude oil by rail increase
(Wed, 02 May 2018) Growth in Canadian crude oil production has outpaced expansions in pipeline takeaway capacity and, along with past pipeline outages, has driven Canadian crude oil prices lower and increased Canadian crude oil exports by rail to the United States. However, the outlook for increased volumes of Canadian crude oil shipped by rail to the United States is highly uncertain despite significant U.S. demand for Canadian crude oil, specifically on the U.S. Gulf Coast.
Suggestions for an Economy That Delivers
Readers respond to a David Leonhardt column on moving beyond the current stagnation.
Rare Brazilian Polvo crude cargo arrives in Louisiana: In the LOOP
A rare cargo of Brazilian Polvo crude has made its way to the Louisiana Offshore Oil Port, according to data from US Customs and S&P Global Platts Analytics.
U.S. crude oil production efficiency continues to improve
(Tue, 01 May 2018) U.S. tight oil production increased in 2017, accounting for 54% of total U.S. crude oil production, in part because of the increasing productivity of new wells. Since 2007, the average first full month of oil production from new wells in regions tracked by EIAâs <em>Drilling Productivity Report</em> (DPR) has generally increased. These growing initial production rates have helped tight oil production to increase despite slowdowns in drilling activity when oil prices fell.
OPEC needs a clear line on oil prices: Fuel for Thought
OPEC would benefit from more transparency about oil prices. The group has geared its efforts to rebalancing the market, but its ultimate goal is surely to maximize revenues for its members. Putting a number on this target would be helpful.