CLIFFORD KRAUSS
Posts
Surging U.S. Oil Production Brings Down Prices and Raises Climate Fears
American oil production is hitting record levels, delivering economic and foreign policy benefits but putting environmental goals further out of reach.
U.S. Gas Prices Drop Ahead of Thanksgiving Travel
With OPEC Plus members in disarray over production levels, oil prices have fallen nearly 20 percent in three months.
Exxon Mobil Plans to Produce Lithium in Arkansas
The move is the oil giant’s first foray in the production of a metal vital for electric vehicle batteries.
Chasing Big Mergers, Oil Executives Dismiss Peak Oil Concerns
Exxon Mobil and Chevron are spending tens of billions of dollars buying oil and gas assets, betting that the International Energy Agency’s predictions of declining...
Exxon Acquires Pioneer Natural Resources for $60 Billion
The acquisition of Pioneer Natural Resources, Exxon’s largest since its merger with Mobil in 1999, increases the company’s presence in the Permian basin in Texas...
Saudi Arabia to Extend Oil Production Cut by a Month
The kingdom said its move to reduce oil production by one million barrels a day would continue through September.
Gasoline Prices, a Source of Pain Last Year, Have Come Way Down
Reasons include a stronger supply of oil and weaker-than-expected demand, energy experts say. Some people are saving hundreds of dollars on fuel.
Why Some Countries Find It Hard to Move Away From Fossil Fuels
Trinidad and Tobago is the No. 2 exporter of liquefied natural gas in the Americas. Its output has been falling, but it remains committed to...
Climate Change Brings Warmer, Wetter Weather to Trinidad
Even as the leaders of Trinidad and Tobago double down on fossil fuels, climate change is bringing more extreme weather to the island nation.
As Oil Companies Stay Lean, Workers Move to Renewable Energy
Solar, wind, geothermal, battery and other alternative-energy businesses are adding workers from fossil fuel companies, where employment has fallen.
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