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www.worldoil.com | ||
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www.dailylobo.com
Gasoline in New Mexico is the most expensive it's been in seven years and continues to rise. In the early stages of the COVID-19 pandemic, the market for gasoline collapsed as demand plummeted. The Organization of the Petroleum Exporting Countries has yet to fully recover production efforts though in-person commitments and adjacent demand for the product have largely resumed. The higher demand, limited supply and elevated crude oil prices have resulted in the increase of gas prices, according to American... |
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blog.hasslberger.com
[AI summary] The text presents a multifaceted discussion on oil, energy, and related topics. Key points include: 1. **Oil Industry and Profit Margins**: The text highlights the profitability of oil companies, such as Exxon Mobil and Chevron, despite rising crude oil prices, suggesting that their profit margins remain stable. It also critiques the industry's influence on energy markets and policies. 2. **Peak Oil Debates**: There is a strong debate about whether oil is finite and whether we are approaching a peak in production. Some argue that oil is not running out but is being artificially kept at low supply levels, while others believe demand is outpacing supply, leading to higher prices. 3. **Abiotic Oil and Alternative Energy**: The text mentions abio... |
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theintercept.com
The oil and gas industry won't increase production because it's enjoying the profits from high prices. |
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arstechnica.com
Amazon is investing in small modular nuclear reactors. while they're radiation safe, they're a risky investment. |
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