United States shale oil producer CrownRock has agreed to be purchased by Occidental Petroleum in a stock and cash deal valued at $12 billion dollars. CrownRock is a major privately held energy producer that operates in the Permian Basin. This deal expands Occidental Petroleum’s presence in the largest shale oilfield in the United States. The […]
Read MoreEvery five years, Congress passes legislation that sets national agriculture, nutrition, conservation, and forestry policy. This bill, referred to as the “Farm Bill”, includes policies that impact the ethanol industry and the farmers who support ethanol production. During the week of 11/14, the U.S. Senate Committee on Agriculture held a hearing titled, “Farm Bill 2023: […]
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As the energy crisis continues, Europe is warning that its citizens need to be prepared for a total gas shutdown from Russia. While their storage sits at 88%, 8% higher than their original goal, serious concerns still linger. The French strike has taken 60% of its refining capacity offline, planned maintenance will shut down another […]
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Unless you have been living under a rock, it is no secret crude oil has been on a tumultuous ride. Crude has long been a commodity that follows up and down trends on traditional cycles. The seven-year boom followed by a year of bust broke cycle in 2015 and saw the oil and gas sector […]
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The Biden Administration committed to a 50-52% reduction from 2005 levels in economy-wide net greenhouse gas pollution by 2030. This goal nearly doubles the original goal set by the Obama Administration in 2015. With this goal, the U.S. seeks to align themselves with Europe on their climate goals and hopefully to help set the pace […]
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April 20, 2020 will go down in history as the first-ever negative trading day for WTI Crude as stocks plunged 321%, saw -$40.32 a barrel, and created a historic “super contango.”
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A renewed push to reduce the world’s carbon emissions has sparked excitement in many technologies and stocks, with no exception to carbon capture.
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