Gasoline Prices Under Trump: Fact vs. Perception
Aug 8, 2024 · A decision to stop Russian imports disrupted operations in many U.S. refineries. In response, the price of oil surged to above $100/bbl, and the national average price of gasoline briefly topped $5.00/gallon. The average price of gasoline in 2022 was $4.06/gallon, the highest annual average on record.
Meet the Lithium King Teague Egan | Shale Magazine
Nov 4, 2022 · Lithium King Teague Egan. Sitting fittingly in his Tesla Model S outside a massive 11,000 square foot R&D facility, Teague Egan, the magnanimous, energetic, and exuberant leader of explosive energy-technology start-up, EnergyX, sat down to an exclusive interview for our latest issue focusing on renewables.Behind a laid-back style, Teague’s brilliant mind is hard set on executing an ...
Repurposing Abandoned Oil Rigs | Shale Magazine
June 10, 2024. 320. As oil operations wind down in several depleted oilfields, energy companies are looking for ways to repurpose old infrastructure to cut costs and support environmental efforts. It is extremely expensive to disassemble and transport old oil rigs, meaning that many companies have sought out alternative uses for the structures ...
Biden vs. Trump: Comparing Energy Policies for 2024
Jul 16, 2024 · When Biden was inaugurated, the national average price of gasoline was $2.48 per gallon. The price would steadily rise throughout his first year in office. For comparison, the average price during Biden’s first year in office was $3.10/gallon, versus $2.53/gallon during Donald Trump’s first year in office.
Shale Magazine Oil & Gas Energy News | Shale Magazine
Robert Rapier - September 30, 2024 0. OPEC+ controls nearly 50% of global oil production and 70% of proven reserves, giving it immense market power. U.S. is the world’s top... Shale Magazine Oil & Gas provides up to date energy news from the experts in their field. With all sources of energy, stay up to date with Shale.
Harris Fracking Stance: No Ban Despite Past Remarks
Sep 18, 2024 · 53. Kamala Harris has shifted her stance on fracking since her 2019 presidential campaign, now supporting its role in the U.S. energy mix. Despite Trump’s claims, Harris emphasizes her commitment to fracking as part of the Inflation Reduction Act. The complexities of U.S. energy production make a nationwide fracking ban highly unlikely, given ...
Finance Today | Shale Magazine
U.S. Energy Infrastructure Resilience Amid Severe WeatherOctober 11, 2024. Digital Trends Disrupting the Oil and Gas SectorOctober 10, 2024. Impact of Hurricanes on Oil Prices and Market VolatilityOctober 7, 2024. Honeywell HALO Operator Advisor Revolutionizes Fort Hills OperationsOctober 1, 2024.
Presidential Influence on U.S. Oil Drilling: Fact vs. Fiction
Sep 5, 2024 · Under President Trump, oil prices rose during his first two years, reaching $65 per barrel in 2018 (source). The rig count followed oil prices higher. However, the COVID-19 pandemic in 2020 crushed oil prices globally, causing the rig count to collapse to its lowest level since 2009. The price of oil would recover sharply in 2021, and then in ...
SHALE Feed - Shale Magazine
Felicity Bradstock - September 20, 2024 0. The green hydrogen industry is gaining traction in the U.S., as governments look to decarbonize hard-to-abate industries using alternative clean fuels to power operations. Industries such as shipping, aviation, and heavy manufacturing are some of the worst offenders when it comes to carbon emissions ...
Tech Advances Drive Record Oil Production Amid Rig Count Decline
Aug 20, 2024 · Historically, production declined when the Baker Hughes Rig Count, a key economic indicator, declined. The U.S. rig count was 588 this week, which is a decline of 66 from last year at this time. Even the Permian Basin, the most active area in the nation, has declined 23 this year from 327 in August 2023 to 304 this week.