Oil giants are going to invest in more oil while also preparing for a greener future, says The Economist’s Vijay Vaitheeswaran.

Chevron has been upfront about producing the site, but there are concerns it may be the only source of news for some in the area.

There’s been a hiring uptick, but “we’re only about halfway” to pre-COVID employment numbers, the author of the IEEFA report says.

There are a lot of variables that make predicting energy demand in 2023 difficult, including rising interest rates, inflation and potential COVID flare-ups.

We won’t stop using fossil fuels right away, but the transition to renewable energy could be tricky.

In an attempt to moderate gas and oil prices, Biden has asked OPEC to increase production, despite it being a function of market forces.

Demand is picking up as more and more people resume their normal lives after vaccination.

With West Texas Intermediate selling above $60 a barrel, drilling and pumping oil is profitable in the U.S. Permian Basin.

Even after the weather starts improving, this crisis’ effects are likely to linger and be felt far beyond the Lone Star State.

More than 500 oil- and gas-related firms have declared bankruptcy. The survivors are focusing on efficiency, and some plan a transition.