Por: Portland Press Herald World October 08, 2022
When the Organization of the Petroleum Exporting Countries and its partners – often known as OPEC Plus – announced a production cut of 2 million barrels of oil on Wednesday, the reaction in the United States was less than positive. In a statement, the White House called the decision “shortsighted” and vowed to look at alternatives for U.S. oil supply. But the oil cut raised a question. Over the past few decades, various presidents have... + full article
ABC News USA Business October 06, 2022
An alliance of oil-producing countries on Wednesday announced a dramatic cut in oil output with major implications for , industry analysts told ABC News.The group of nations known as OPEC+, led by Saudi Arabia and Russia, agreed on Wednesday to cut oil production by 2 million... + más
The OPEC+ oil cut will impact US gas prices. Here's how. | ABC7
OPEC Thumbs Its Nose At President Biden | Forbes
ABC7 USA World October 06, 2022
, industry analysts told ABC News.The group of nations known as OPEC+, led by Saudi Arabia and Russia, agreed on Wednesday to cut oil production by 2 million barrels per day starting in November.The decision to slash oil supply arrives as crude oil prices stand at $93, well... + más
What does the OPEC+ oil cut mean for US gas prices? | ABC News
Forbes USA Business October 05, 2022
Getty Images Key Takeaways Oil prices have been on a wild ride over the past two years. They have gone from dropping to negative amounts at the start of the pandemic to $160 per barrel earlier this year, and have now declined by half their value since their highs. Investors and... + más
Progressives who back Green New Deal outraged over OPEC oil production cuts | Newsweek
Fox Business USA Business October 04, 2022
Lipow Oil Associates President Andy Lipow discusses the global demand for oil and rising gas prices as OPEC is set to cut production. Oil and gas prices are elevated ahead of a key meeting by OPEC+ that could potentially see the organization by a million barrels per day. Oil has... + más
Forbes USA Business September 30, 2022
The looming EU ban on Russian crude imports, a deepening global economic contraction, and simple logistics costs will dramatically limit Russia’s oil revenues.Russian oil revenues will fall hard as the global economy weakens and the European Union ban on ... [+] Russian crude... + más
EU countries approve energy windfall levies, turn to gas price cap | CNBC
Allies aim for risky Russian oil price cap as winter nears | WPLG Local 10
The Verge USA Science September 30, 2022
The Nord Stream pipeline leaks are a disaster — the oil and gas industry has a much bigger messThe Nord Stream pipeline leaks are a disaster — the oil and gas industry has a much bigger mess / The amount of methane that routinely leaks from oil and gas infrastructure dwarfs... + más
Nord Stream suffers damage to three offshore gas pipelines | Fox Business
Mystery leaks hit Russian undersea gas lines, raising European suspicions | NBC News
Forbes USA Business September 28, 2022
Many people wonder what all the fuss is about regarding the reduced flows and loss of Russian gas via the Nord Stream and other pipelines; here’s a simplified primer on why Germany and much of the Eurozone face a difficult winter and an even scarier future.Europe faces a tough... + más
Summit customers will see bills double as natural gas supply costs more | Portland Press Herald
U.S. Natural Gas Production Sets A New Record, But Don’t Expect Relief On Your Heating Bills | Forbes
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