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"Ruling on Dakota Access Pipeline Shutdown Months Away"

"BISMARCK, N.D. — A federal judge won’t decide until later this year whether to shut down the disputed Dakota Access oil pipeline while federal officials conduct a more thorough environmental review."

Source: AP, 06/23/2017

"Why Saudi Arabia’s Quest To Prop Up Oil Prices Is Failing"

"An early glimpse of the turn in the oil markets came last August. Thanks to a recovery in the shale oil drilling business, the French company Vallourec started rehiring people it had let go at its Youngstown, Ohio, steel pipe factory. ... Ten months later, crude oil prices have tumbled more than 20 percent, with the strong rebound in the U.S. shale oil drilling and production among the reasons for the decline."

Source: Washington Post, 06/23/2017

"Zinke, Perry Take Heat Over Trump Budget"

"Interior Secretary Ryan Zinke and Energy Secretary Rick Perry went to opposite sides of Capitol Hill on Tuesday to defend President Trump's proposals to slash their departments' budgets."

Source: The Hill, 06/21/2017

"Exxon Makes a Biofuel Breakthrough"

"It’s the holy grail for biofuel developers hoping to coax energy out of algae: Keep the organism fat enough to produce oil but spry enough to grow quickly. J. Craig Venter, the scientist who mapped the human genome, just helped Exxon Mobil Corp. strike that balance, with a breakthrough that could enable widespread commercialization of algae-based biofuels."

Source: Bloomberg, 06/20/2017

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