Bob McCarty Writes

The pace of U.S. petroleum delivery declines continued to slow last month, according to the American Petroleum Institute’s Monthly Statistical Report, which noted the 2.1 percent year-to-year slip in overall petroleum deliveries (a measure of demand) was the smallest in a year and a half.
While distillate fuel oil (diesel and heating oil), along with jet [...]

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The Waxman-Markey cap-and-trade bill will hit consumers of petroleum fuels especially hard by dramatically increasing the costs of goods and services as noted in the graphic at right, according to two groups closely following the legislation.
In a three-page document (pdf) forwarded to me early this afternoon, American Petroleum Institute officials warn that people who use [...]

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Total U.S. petroleum deliveries (a measure of demand) fell 3.6 percent in April from a year ago, reflecting continuing weakness in the economy, according to the American Petroleum Institute’s Monthly Statistical Report released today.  While gasoline deliveries increased slightly in April against a year ago, all other product deliveries fell, led by a sharp drop [...]

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A glance at the chart below, released today by the American Petroleum Institute, proves the nation’s oil and natural gas companies are not immune to the global recession and have, in fact, experienced a sharp decline in first-quarter net profits versus the same period last year.

Instead of asking for bailouts, however, leaders of the nation’s [...]

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During a two-day fact-finding trip this week, I learned a lot about Williams’ cutting-edge natural gas exploration and production efforts taking place in Western Colorado’s Piceance (pronounced “pee-ahnce”) Basin.  In this post, I’ll try to shed some light on those efforts and help you understand why they’re vitally important to our nation’s energy future in [...]

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