In December, Washington State’s Utilities and Transportation Commission (UTC) denied approval of the proposed takeover of the Pacific Northwest’s largest energy company by a Toronto-based electric utility.
KATOWICE, POLAND — The Trump administration held an event at the United Nations “COP 24” climate summit to promote the continued use of fossil fuels, sparking outrage among global-warming alarmists.
The United States exported more crude oil than it imported last week, for the first time since 1943.
OPEC members said they would do whatever it takes to balance the oil market in the face of increasing U.S. production.
As world oil demand slows, U.S. producers are still pumping oil, which will likely cause prices to continue to drop.
As several oil disruptions around the world are occurring, OPEC is close to maxing out its production, so prices have risen, but Trump has intervened.
The U.S. Energy Information Administration (EIA) proclaimed on Tuesday that, if its forecasts are correct, the United States will soon be the world’s leading producer of crude oil.
Crude oil prices bounced higher on Friday, as OPEC failed to raise production as much as many feared.