Have you forgotten the days of $5 gas from a few years ago? Well, after a period of relatively low prices, the price of the world's most-used fossil fuel is on the rise again. Here to explain on Sea Change Radio what is driving the surge in pricing is oil expert Dan Dicker. We discuss the three main ingredients to understanding the global oil market: supply, demand, and geopolitics. We also delve into the role of renewables, what drivers should expect to pay at the pump in the near future, and why he thinks environmentalists should be rooting for oil prices to reach $300 per barrel.
Investor and Business Leaders Call Out Automakers for Trying to Roll Back Fuel Economy Standards
BOSTON, May 25, 2017 /3BL Media/ - A new bill would roll back the many benefits of fuel economy standards that are currently working to protect jobs and keep hard-earned dollars in local economies, Impax Asset Management and Ceres said in a statement.
The bill, introduced today in the U.S. Senate by Sen. Roy Blunt (R-Missouri), would be a huge setback for businesses, the economy and consumers.
Companies with investments in oil, gas and coal need to do a better job disclosing the financial risk of climate change to their investors, a former chair of the Securities and Exchange Commission and an Obama administration official said Monday.
A midstream oil and gas client requested that Antea Group conduct a variety of sediment, transition zone, and erodable bank soil studies at bulk fuel terminals to determine potential contaminants of concern and possible sources. Antea Group collected multiple surface grab samples for contaminants related to the client’s operations, as well as adjacent facilities. This included DDT and PCB samples for fingerprinting analysis.
The client was engaged in a large portfolio asset transaction and required Phase I Environmental Site Assessments and regulatory compliance audits conducted at 21 facilities to evaluate the condition of each facility related to regulatory compliance and potential Recognized Environmental Conditions. These facilities consisted of petroleum bulk plants, industrial facilities, fueling/transfer stations, and warehouse facilities in California, Nevada, Arizona, Texas, New Mexico, and Colorado.
A client’s remediation organization was concerned over the financial and safety performance of contractors and subcontractors working on its portfolio of over 800 remediation sites consisting of retail service stations, terminals and pipeline properties across the USA. Antea Group was hired to develop and implement a comprehensive HSSE Compliance and Assurance Program across the portfolio.
By Angus McCrone Chief Editor Bloomberg New Energy Finance
The last time U.S. interest rates were on a sustained upward trend was just over 10 years ago, in summer 2006. George W Bush was president, ‘Hips Don’t Lie’ by Shakira was at the top of the charts on both sides of the Atlantic, and no one had heard of Justin Bieber.