Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,
Spending on public projects helped pull the United States out of the Great Depression and created a lasting network of employment that helps support America…
Five years after the massive Dieselgate scandal made global headlines, a German court is now ready to wrap up the case against Volkswagen, ordering the…
The price of key U.S. benchmark West Texas Intermediate shot up 18 percent in early trading this morning as new reports emerged suggesting that the…
Oil slipped another 20 percent in early trading on Tuesday morning before paring some of its losses as the world continues to grapple with lockdown…
Oil prices look to be facing yet another harrowing Monday, with the price of WTI sliding by more than 20 percent in early morning trading.…
It's day 33 for me. I leave the house to walk the dog and occasionally swing by the corner store. But that's about it. I…
With the perfect storm of global demand destruction and the world running out of places store tens of millions of barrels of crude raining down…
After yesterday's historic crash which left the West Texas Intermediate U.S. benchmark settling at -$37, panic is beginning to spread through markets, with Brent crude…
A gruesome combination of crumbling demand for crude and global storage filled to its brim has pushed oil prices to levels not seen in over…
The world is grappling with one of the most - if not the most - devasting crises of a generation. It's forced people into their…
Canadian oil is struggling. And I mean really, really having a tough time. Alberta's benchmark, Western Canadian Select, is now cheaper than a pint of…
This weekend's 11th hour decision to cut OPEC oil output by 23% was supposed to end the oil price war between Saudi Arabia and the…
With crude prices plummeting to 20 year lows and a local industry in shambles, Texas oil regulators are contemplating the unthinkable: cutting statewide oil production…
With airlines facing a $250-billion loss in revenue for 2020 at a minimum, the additional $35 billion they might have to pay in the form…
As the world continues to grapple with the COVID-19 pandemic, U.S. President Donald Trump is eyeing something a little more...celestial, if you will, signing an…
With the virtual OPEC+ meeting where Russia and Saudi Arabia were to discuss output cuts to end the oil price war delayed Monday, oil prices…
As the United States continues to grapple with a growing number of coronavirus cases, President Donald Trump is calling on yet another trillion-dollar spending plan…
Shipment delays, fires, autopilots gone mad, and charging times that have yet to compare with the time it takes to fill up a gasoline tank…
As the COVID-19 outbreak continues to weigh on the global economy, the Trump administration has quietly relaxed regulatory measures meant to protect the environment from…
The slow and painful death of the coal industry is creating some interesting new opportunities for green energy solutions, with industrious capitalists turning ex-coal-fired power…