Julianne Geiger

Latest articles from Julianne

• EIA Sees U.S. Setting New Oil Production Record in 2025

  Published 09 January 2024 | viewed 4,952 times

  The EIA’s first outlook for 2025 shows forecasted U.S. crude oil production reading 13.4 million barrels per day—a new record for the country.  The Energy…

• Norway Approves Deep-Sea Mining for Critical Minerals

  Published 09 January 2024 | viewed 1,849 times

  Environmentalists received a blow this week as Norway’s parliament agreed to allow Arctic seabed exploration to mine for critical minerals as it attempted to shift…

• U.S. Gasoline Prices Slide, Defying Crude Oil Rise

  Published 05 January 2024 | viewed 8,885 times

  Retail gasoline prices in the United States continued to fall on Friday, landing at $3.088 per gallon, according to the latest AAA data.  This is…

• U.S. Drilling Continues to Slow

  Published 05 January 2024 | viewed 17,373 times

  The total number of active drilling rigs for oil and gas in the United States fell this week by 1, according to new data that…

• OPEC’s December Production Up, Not Down: Survey

  Published 05 January 2024 | viewed 4,940 times

  The Organization of the Petroleum Exporting Countries (OPEC) increased its crude oil production in December, collectively pumping 27.88 million barrels per day, according to a…

• U.S. Refiner Phillips 66 Discussing Asset Sale

  Published 04 January 2024 | viewed 9,212 times

  Houston-based petroleum refinery Phillips 66 (NYSE:PSX) is actively discussing the sale of some of its assets, according to a Thursday statement made by the company's…

• Pemex Gives Processing Forecast for Newest Oil Refinery

  Published 04 January 2024 | viewed 5,635 times

  Mexico’s state-run oil company Pemex said on Thursday that its newest refinery—with a nameplate processing capacity of 340,000 bpd, will process 243,000 bpd this year…

• U.S. Product Inventory Builds Overshadow Large Crude Draw

  Published 03 January 2024 | viewed 21,407 times

  Crude oil inventories in the United States fell this week by 7.418 million barrels for the week ending December 29, according to The American Petroleum…

• Biden Administration To Purchase More Oil For SPR

  Published 03 January 2024 | viewed 4,991 times

  The Department of Energy’s Office of Petroleum Reserves has announced a solicitation for the purchase of up to 3 million barrels of crude oil for…

• U.S. Now World’s Largest LNG Exporter

  Published 02 January 2024 | viewed 18,223 times

  The United States is now the world’s LNG exporter, after overtaking Australia and Qatar, according to new data compiled and shared by Bloomberg on Tuesday.…

• OPEC+ To Hold JMMC Meeting Next Month

  Published 02 January 2024 | viewed 2,271 times

  OPEC+ will hold a Joint Ministerial Monitoring Committee meeting sometime in early February, three sources said on Tuesday, according to media. OPEC+ typically holds JMMC…

• U.S. Gasoline Prices Begin Falling Again

  Published 02 January 2024 | viewed 4,883 times

  The last week of the year may have seen gasoline prices rise for U.S. drivers, but the new year has kicked off another price slide,…

• EIA: U.S. Crude Oil Production Rates Sag In October

  Published 29 December 2023 | viewed 6,621 times

  Crude oil production in the United States fell in the month of October, according to new data released by the Energy Information Administration on Friday.…

• U.S. Sees Minor Uptick in Oil Rigs

  Published 29 December 2023 | viewed 4,100 times

  The total number of active drilling rigs in the United States rose this week by 2, according to new data that Baker Hughes published on…

• GasBuddy: Gasoline and Diesel Prices To Fall In 2024

  Published 28 December 2023 | viewed 12,466 times

  U.S. drivers are expected to pay 2% less for gasoline next year, according to GasBuddy’s 2024 Fuel Outlook report published on Friday.  The average price…

• Oil Inventories Rise Toward the End of 2023

  Published 27 December 2023 | viewed 7,536 times

  Crude oil inventories in the United States rose this week by 1.837 million barrels for the week ending December 22, according to The American Petroleum…

• Oil Prices Steady Before Holiday

  Published 22 December 2023 | viewed 14,372 times

  Crude oil prices were trading slightly down on Friday afternoon, just hours before the weekend and the Christmas holiday, reasonably unaffected by Angola’s decision to…

• Russia To Cut Oil Exports From Sea Ports in January

  Published 22 December 2023 | viewed 8,581 times

  Russia is planning to scale back oil exports from its sea ports next month by between 100,000 and 200,000 barrels per day compared to December…

• India To Grow Thermal Coal Power Fleet As Demand Calls

  Published 22 December 2023 | viewed 4,199 times

  India will increase the size of its thermal power fleet, the country’s power minister said, to meet an increased demand for power. India said it…

• U.S. Rig Count Hits 620: Down 157 from Last Year

  Published 21 December 2023 | viewed 4,167 times

  The total number of active drilling rigs in the United States fell again this week, by 3, falling by a total of 2 over the…