Crude finished week with a loss despite weak gain on Friday
Benchmark U.S....
Benchmark U.S. crude oilfor June delivery rose 50 cents to $77.87 a barrel Friday. Brent crude for June delivery rose 56 cents to $81.66 a barrel.
Wholesale gasoline for May delivery rose 1 cent to $2.60 a gallon. May heating oilwas unchanged at $2.49 a gallon. May natural gasfell 2 cents to $2.23 per 1,000 cubic feet.
U.S. stocks eke out gains Friday but edge lower for the week
Stocks ended a choppy session slightly higher Friday, with major indexes suffering small weekly declines...
Stocks ended a choppy session slightly higher Friday, with major indexes suffering small weekly declines as investors weighed corporate earnings and the economic outlook. The Dow Jones Industrial AverageDJIA, 0.07% rose around 22 points, or 0.1%, to close near 33,809, according to preliminary figures. The S&P 500SPX, 0.09% and Nasdaq Composite COMP, 0.11% each eked out a rise of 0.1%. That left the Dow down 0.2% for the week, while the S&P 500 lost 0.1% and the Nasdaq declined 0.4%.
Chevron, Exxon working with Toyota on cleaner gasoline
As part of their collaborations with Toyota Motor, Chevron and ExxonMobil are road testing renewable...
As part of their collaborations with Toyota Motor, Chevron and ExxonMobil are road testing renewable gasoline blends that could make the emissions profile of conventional automobiles comparable to that of electric vehicles. Chevron and Toyota have kicked off a road trip across the Gulf Coast to demonstrate a blend with over 50% renewable content and a carbon intensity more than 40% lower than traditional gasoline.
N.M.'s well plugging program a win for taxpayers and the environment
New Mexico's State Land Office has plugged more than 200 abandoned oil and natural gas wells using funds...
New Mexico's State Land Office has plugged more than 200 abandoned oil and natural gas wells using funds from operators, resulting in at least $20 million in cleanup cost-related savings for taxpayers. The office's accountability and enforcement program has reduced the number of orphaned oil and wells on state trust lands by nearly 20%, proving "that we can require companies to clean up after themselves and still deliver billions of dollars in record revenues for our schools and other institutions," said Land Commissioner Stephanie Garcia Richard.
On Wednesday night, Oakland Athletics President Dave Kaval confirmed the MLB team ...
On Wednesday night, Oakland Athletics President Dave Kaval confirmed the MLB team reached a deal to build a new stadium in Sin City.
It’s Freaky Friday for Las Vegas and Oakland. In 2016, Vegas had zero pro sports teams, and Oakland had three. If this deal goes through, Vegas will have four, and Oakland will have…none.
Over the last six years, teams have flocked to Vegas like bachelor parties to the MGM Grand—the city is now home to the Raiders (NFL), Golden Knights (NHL), and Aces (WNBA).
Meanwhile, Oakland lost the Golden State Warriors and the Raiders within a year of each other.
