As the US–Israel war on Iran escalates, so too does the global oil crisis. The effective closure of the Strait of Hormuz, through which roughly 20% of the world’s oil and natural gas flows, and the ...
The US exports some oil products, but it still imports crude — and global markets ultimately determine what Americans pay at the pump ...
South American nation’s tar-like oil is what many Gulf coast facilities were built for but ramping up production to 3m barrels a day will be a long game Clustered along the US Gulf coast are some of ...
Forbes contributors publish independent expert analyses and insights. Robert Rapier is a chemical engineer covering the energy sector. FREEPORT, TEXAS - JANUARY 14: The Nave Photon crude oil tanker is ...
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Editorial: Refine domestic crude to avoid supply disruption
Yesterday – Thursday, March 12 – the International Energy Agency (IEA) said war in the Middle East was “creating the largest supply disruption in the history of the global oil market”.It said that ...
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