Price Watch
A daily bulletin about oil and gas
The Futures
Oil and gas prices are more than numbers—they reflect global events, technological advancements, and environmental concerns.
Horizon Energy Digest
Texas created a $7.2B fund for gas plants. Hardly any are being built
Even with a financial leg-up from taxpayers, builders are backing off gas plans, worried about profitability or that they won’t be able to get a hold of equipment.
Oil rises as Russia-Ukraine tensions stoke supply concerns
Oil prices rose on Tuesday as concerns about supply disruptions grew amid an escalation of the conflict between Russia and Ukraine. Brent crude added 40 cents, or 0.59%, to $68.55 a barrel by 0149 GMT, while U.S. West Texas Intermediate crude was at $65.06 a barrel, up $1.05, or 1.64%.
Curious Minds Corner
Which country consumes the most oil in the world?
The United States consumes more than 19 million barrels daily.