US Crude Oil Inventories

Cushing Inventory Buildup Adds to Pressure on Crude Oil Prices

By Jon Hurdle

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Bulging inventories are expected to continue to build at the biggest US oil-storage facility, putting more downward pressure on crude prices and adding to calls on the federal government to legalize exports, analysts said. The amount of oil stored at the Cushing Hub in Oklahoma rose to 48.18 million barrels in the week ending Feb.… Keep reading →

 /  Published February 25, 2015 at 10:00 AM

Energy News Roundup: US Wind Could Face Test, US Crude Oil Inventories Fall and Buyer’s Market for Oil M&A

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Climate Protection - Photo Illustrations

The tax credits – often referred to as subsidies – that help support US wind power development could be on the congressional chopping block. The US wind industry continually faced boom and bust cycles as the Production Tax Credit was renewed and allowed to expire several times in the past. A much hyped New York… Keep reading →

 /  Published December 4, 2014 at 9:39 AM