Without the presence of leaders of major oil companies on Tuesday, Democrats in the House Oversight Committee set up fossil fuel the fossil fuel industry and took their shots at it. The hearing replaced the committee’s initial plans to have board members from ExxonMobil, BP, Chevron and Shell testify after the committee said last …
February 9, 2022 archive
Pension fund to dump Chesapeake Energy and other investments
Shares of Chesapeake Energy and other fossil fuel companies are about to be unloaded by the New York state pension fund as the group said Chesapeake is among some companies that have not shown they’re ready to transition to a low-emissions economy. Reuters reported Chesapeake Energy, Hess Corp and Pioneer Natural Resources are some …
Oil prices to average $90 for February says EIA
After reaching more than $92 a barrel in the past week, crude oil prices for February will average $90 and slip to a first-half year average of $88 predicted the U.S. Energy Information Administration. The EIA came out with its February Short-Term Energy Outlook (STEO), in which the agency estimated commercial oil inventories fell to their …
Buc-ee’s is headed to the mountains of Colorado
Colorado drivers will soon get their first experience at pulling into a Buc-ee’s convenience store. The Texas-based company, known for those large convenience stores with dozens and dozens of fuel pumps, not to mention barbecued food inside, plans to open its first Colorado state. Axios reports it will be located on a 140-acre site …
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