Optimism for the COVID-19 vaccine and hopes for the beginning of an economic recovery have helped push up gasoline prices in Austin and nationwide. Austin gas prices have risen 5 cents per gallon in the past week and currently average $2.04 per gallon for regular unleaded gasoline, according to industry website GasBuddy.com, which tracks fuel […]
Read MoreWATCH ABOVE: Alberta Premier Jason Kenney is calling for the federal government to impose economic sanctions against the United States in response to newly U.S. President Joe Biden’s "gut punch" decision to tear up the permit for the Keystone XL oil pipeline expansion. Tom Vernon looks at how the move will affect Alberta. Western Canada’s […]
Read MoreKeystone XL workers laying pipe across the Canada-U.S. border. CALGARY – An industry analyst says Western Canada’s oil producers will likely cope better in the short term with Joe Biden’s cancelling of the Keystone XL presidential permit this week than they did with the same move by ex-president Barack Obama in 2015. But Phil Skolnick, […]
Read MoreTORONTO — Construction on the long-disputed Keystone XL oil pipeline halted Wednesday in anticipation of incoming U.S. President Joe Biden revoking its permit. Biden’s Day One plans include moving to revoke a presidential permit for the pipeline. The 1,700-mile (2,735-kilometer) pipeline was planned to carry roughly 800,000 barrels of oil a day from Alberta to […]
Read More→ Man Who Predicted March 2020 Crash Makes Bold Tech Stock Prediction (Ad) Birchcliff Energy logo Birchcliff Energy (OTCMKTS:BIREF) had its target price lifted by stock analysts at Canaccord Genuity from $2.75 to $3.00 in a research report issued on Thursday, The Fly reports. The brokerage presently has a “buy” rating on the stock. Canaccord […]
Read MoreJoe Biden took key actions related to the energy market on day one of his presidency. Democrat Joe Biden took his place as president of the United States on Wednesday and promptly took actions that may have a long-term impact on oil prices and also show a vastly different approach to the energy market than […]
Read MoreNEW YORK (Reuters) – Oil prices steadied on Thursday after industry data showed a surprise increase in U.S. crude inventories that revived pandemic-related fuel demand concerns, while U.S. stimulus hopes buoyed prices. FILE PHOTO: Oil pours out of a spout from Edwin Drake’s original 1859 well that launched the modern petroleum industry at the Drake […]
Read More→ The Next Big Thing in Plant-based Foods is This Company (Ad) Eastern Bank lowered its stake in Exxon Mobil Co. (NYSE:XOM) by 4.8% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 76,169 shares of the oil and gas company’s stock after selling 3,817 shares during […]
Read MoreCALGARY, AB, Jan. 21, 2021 /CNW/ – Connacher Oil and Gas Limited ("Connacher" or the "Company") is pleased to announce the following: While 2020 was an extremely challenging and unprecedented year for the energy sector, Connacher advanced several key initiatives in the second half of the year to position the Company for the future. Earlier […]
Read MoreEldar Saetre CEO of Equinor speaks as he gives the company quarterly capital market update in London, on Thursday, Feb. 6, 2020. File photo by The Associated Press/Alastair Grant Norwegian oil giant Equinor ASA says it has completed its exit from the Canadian oilsands by selling the 18.8 per cent stake in producer Athabasca Oil […]
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