California Utility Found Guilty of Violations in 2010 Gas Explosion That Killed 8
A jury in San Francisco found that Pacific Gas & Electric violated pipeline safety laws when a blast leveled a neighborhood.
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Ana-Maria Tolbaru talks on the likely impact on France of it increasing the operating costs for coal generators with the introduction of a new carbon price floor or a coal tax starting in 2017.
Bullish on oil demand, OPEC says current price slide 'temporary'
With speculation swirling over possible production freeze talks, OPEC on August 8 appeared to throw cold water on the idea, sounding an optimistic tone about the oil market.
Southern California natural gas inventories nearly flat this injection season
(Tue, 09 Aug 2016) During the summer, when storage operators are typically injecting natural gas into storage facilities to build up inventories before the winter months, natural gas inventories in Southern California have remained nearly flat. Underground natural gas storage wells at the Southern California Gas Company (SoCalGas) Aliso Canyon facility, by far the largest storage field in the region, are undergoing testing, following a leak that was detected in late October 2015 and stopped in February 2016.
Short-Term Energy Outlook - Market Prices and Uncertainty Report
(Tue, 09 Aug 2016) Crude oil prices broke below $45/b and out of of a two-month-long trading range in July. The front-month Brent crude oil price decreased $6.06 per barrel (b) since July 1, settling at $44.29/b on August 4 (Figure 1). The West Texas Intermediate (WTI) crude oil price settled at $41.93/b, declining $7.06/b over the same time.
US EIA chief shares short-term outlook for oil market
Episode 100 of the S&P Global Platts Capitol Crude podcast, featuring EIA chief Adam Sieminski, aims to demystify the complex world of US oil policy.
Time to Borrow
The overwhelming case for deficit spending.
Back to basics: Adam Sieminski on global oil prices, fundamentals and more
In the 100th episode of Capitol Crude, Platts senior editor Brian Scheid talks with Adam Sieminski, administrator of the US Energy Information Administration, on the state of the global oil market.
High natural gas-fired generation leads to rare summer net national weekly storage draw
(Mon, 08 Aug 2016) Working natural gas storage inventories posted a rare summer net withdrawal of 6 billion cubic feet (Bcf) for the week ending July 29, 2016, according to EIA's Weekly Natural Gas Storage Report. Record-high consumption of natural gas for electric power generation drove this withdrawal. Although withdrawals in the summer are not unprecedented, and happen regularly in the South Central storage region, the last time a net withdrawal in July occurred on a national basis was in summer 2006.
We’re in a Low-Growth World. How Did We Get Here?
Economic growth in advanced nations has been weaker for longer than it has been in the lifetime of most people on earth.