July 2024

Catch up with 6 stories BIC subscribers clicked on the most this month!

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U.S. jet fuel consumption in 2023 remained below the pre-pandemic high

Annual jet fuel consumption in the U.S. grew in 2023 for the third year in a row but remained below the pre-pandemic peak in 2019, suggesting U.S. aviation had not fully returned to normal operations in the third year after the onset of the COVID-19 pandemic.

U.S. wholesale natural gas spot prices fall to record lows in first-half 2024

Prices declined throughout much of 2023 amid record U.S. natural gas production, flat natural gas consumption and relatively high natural gas inventories. A mild winter rounded out 2023, leading to even lower prices in early 2024.

AFPM: Polling shows likely voters nationally solidly oppose Biden-Harris gas-car ban

National polling was conducted June 29 – July 2 by WPA Intelligence and measured likely voter sentiment around gas-car bans, EV mandates and support for candidates who embrace such policies.

Woodside acquires Tellurian

Tellurian Inc. announced that it has entered into a definitive agreement with subsidiaries of Woodside Energy Group Ltd under which Woodside will acquire all the outstanding shares of Tellurian for $1.00 per share in an all-cash transaction.

VIDEO: The value of ECC and the PerspECCtives Conference

Jeremy Osterberger sits down with Nicole Davies, senior VP business development & strategy with Fluor and Allison Drobniak, chief of staff with S&B to discuss the ECC PerspECCtives Conference. 

ONEOK announces refined products pipeline expansion to Denver area

Plans have been announced to expand its pipeline capacity connecting Mid-Continent and Gulf Coast refined products supply with the greater Denver area to meet growing demand and increase connectivity with Denver International Airport.

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