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Opinion: Are US Drillers Actually Making A Comeback?

Green Car Congress

Oil prices have rebounded strongly since March. The benchmark WTI prices soared by more than 36 percent in two months, and Brent has jumped by more than 25 percent. Other companies—including Devon Energy, Chesapeake Energy, and Carrizo Oil & Gas—have also lifted predicted increases in output for 2015.

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State Department releases Keystone XL Final Supplemental Environmental Impact Statement

Green Car Congress

The analysis in the Final Supplemental EIS builds on the Draft Supplemental Environmental Impact Statement released on 1 March 2013 ( earlier post ) as well as the documents released in 2011 as part of the previous Keystone XL Pipeline application. Rail Direct to the Gulf Coast Scenario.

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White House: OPEC+ oil production increases “simply not enough”

Green Car Congress

On the same day as the statement from the Biden White House, the US Energy Information Administration (EIA) noted that in its August Short-Term Energy Outlook , it forecast larger than previously expected world petroleum inventory draws in 2021 and larger inventory builds in 2022. million b/d in the July STEO.

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