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Showing posts with the label January 24

Oil edges lower as US inventories rise

Oil edges lower as US inventories rise https://cnb.cx/2CHuLDp Oil prices slipped on Friday on the back of an unexpected increase in U.S. crude inventories which offset the support provided by the threat of lower production in Venezuela. https://ift.tt/2PddWW7 January 24, 2019 at 04:14PM Energy https://cnb.cx/2KU3Ztw

Cal Fire clears PG&E for deadly Tubbs Fire, but utility still faces uncertainty over other blazes

Cal Fire clears PG&E for deadly Tubbs Fire, but utility still faces uncertainty over other blazes https://cnb.cx/2Ui4C5f Cal Fire: Private equipment, not PG&E, at fault for 2017's deadly Tubbs Fire https://ift.tt/2PddWW7 January 24, 2019 at 02:25PM Energy https://cnb.cx/2KU3Ztw

Here's how US-Venezuela tensions got to the brink of crisis

Here's how US-Venezuela tensions got to the brink of crisis https://cnb.cx/2Wj0OlM The recent diplomatic standoff between Venezuela and the U.S. has been nearly 20 years in the making. https://ift.tt/2PddWW7 January 24, 2019 at 11:49AM Energy https://cnb.cx/2KU3Ztw

PG&E shares spike 50% after California investigators clear utility of blame for a 2017 fire

PG&E shares spike 50% after California investigators clear utility of blame for a 2017 fire https://cnb.cx/2FNFOP7 PG&E shares spiked 50 percent Thursday after California investigators cleared the beleaguered utility company of liability in a 2017 fire. https://ift.tt/2PddWW7 January 24, 2019 at 10:24AM Energy https://cnb.cx/2KU3Ztw

General Motors is investing $22 million in a Tennessee plant to build fuel efficient V-8 engines

General Motors is investing $22 million in a Tennessee plant to build fuel efficient V-8 engines https://cnb.cx/2FWh4DH GM has invested $2 billion in the plant since 2010, including a $300 million to build the new Cadillac XT6 SUV. https://ift.tt/2PddWW7 January 24, 2019 at 08:21AM Energy https://cnb.cx/2KU3Ztw

Oil CEO says prices are more likely to hit $90 than $40 during 2019

Oil CEO says prices are more likely to hit $90 than $40 during 2019 https://cnb.cx/2RKnM6M Oil prices should sit around the $60 to $80 a barrel range throughout 2019 with volatility set to remain in the energy markets, Crescent Petroleum's chief executive told CNBC Thursday. https://ift.tt/2PddWW7 January 24, 2019 at 06:42AM Energy https://cnb.cx/2KU3Ztw

US to become a net energy exporter in 2020 for first time in nearly 70 years, Energy Dept says

US to become a net energy exporter in 2020 for first time in nearly 70 years, Energy Dept says https://cnb.cx/2AZshQM The U.S. will start exporting more energy products than it imports as U.S. oil output continues to grow and domestic oil consumption declines. https://ift.tt/2PddWW7 January 24, 2019 at 05:07AM Energy https://cnb.cx/2KU3Ztw

PG&E says it might have to quintuple rates if it's forced to clear trees and inspect electric grid

PG&E says it might have to quintuple rates if it's forced to clear trees and inspect electric grid https://cnb.cx/2sKJatJ PG&E said in a court filing that abiding by a judge's order to inspect its energy grid and clear trees would cost as much as $150 billion. https://ift.tt/2PddWW7 January 24, 2019 at 03:58AM Energy https://cnb.cx/2KU3Ztw