Investors fear Big Oil could cut share buybacks as crude prices slump
Oil is now hovering around $66 a barrel, prompting analysts to model scenarios where prices remain in the $60s this year or even decline into the $50s.
Read more …
Trump administration allows temporary sales of summertime higher-ethanol fuel
The government currently restricts sales of E15 gasoline in summer months due to environmental concerns over smog, which the biofuel industry says are unfounded.
Read more …
'Drill, Baby, Drill': White House cheers first production from new Gulf of America oil field
The Gulf of America saw another new oil field take shape off the coast of Louisiana, as the Ballymore field went into operation last week.
Read more …