The Los Angeles Post
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Today: March 26, 2025
Today: March 26, 2025
Nicole Jao

Nicole Jao

Staff Writer

Latest From Nicole Jao

Environment|News|US

US grid operator issues cold weather advisory for central U.S.

Grid operator Southwest Power Pool on Thursday issued a cold weather advisory for its 14-state region in the central U.S., warning of extreme arctic temperatures

US grid operator issues cold weather advisory for central U.S.
Business|Economy|Environment|News|Science|Technology|US

Wind, solar to lead US power generation growth over next 2 years, EIA says

Wind and solar are set to lead U.S. power generation growth for the next two years following new renewable energy instillations, Energy Information Administration (

Wind, solar to lead US power generation growth over next 2 years, EIA says
Environment|News|US

Atmospheric rivers boosts California's hydropower supplies

A pair of atmospheric rivers that drenched California in recent weeks will bolster the state's hydropower systems by filling reservoirs and building up snowpack

Atmospheric rivers boosts California's hydropower supplies
Economy|Environment|News|Science

California needs to triple pace of emissions cuts to meet 2030 goal, report says

California needs to triple its annual carbon emissions reductions to meet its 2030 target, a report by consulting firm Beacon Economics and San Francisco-based think

California needs to triple pace of emissions cuts to meet 2030 goal, report says
Business|Economy|Finance|US

Michigan seeks comment on permit to increase Marathon refinery throughput

A Michigan regulator said this week it is seeking public comment on a proposed permit that would allow Marathon Petroleum to boost crude throughput at its

Michigan seeks comment on permit to increase Marathon refinery throughput
Business|Economy|News|World

Oil settles slightly higher as Iran plays down reported Israeli attack

Oil settled slightly higher on Friday, but posted a weekly decline, after Iran played down a reported Israeli attack on its soil, a sign that an escalation of

Oil settles slightly higher as Iran plays down reported Israeli attack
Business|Economy|Finance|News|US|World

US refiners' profits to fall from last year but margins remain strong

U.S refiners' first quarter profits are expected to fall from recent records, when earnings soared following Russia's invasion of Ukraine in 2022, but overall will

US refiners' profits to fall from last year but margins remain strong
Business|Economy|Environment|News|US

Renewable diesel glut hits US refiner profits, threatens nascent industry

A rush by U.S. fuel makers to recalibrate their plants to produce renewable diesel has created a supply glut for low-emissions biofuels, hammering

Renewable diesel glut hits US refiner profits, threatens nascent industry
Business|Economy|Finance|Stock Markets

Oil gains 1% on hopes of firmer demand

Oil prices settled about 1% higher on Friday, with global benchmark Brent crude recording its first weekly gain in three weeks, after economic indicators from the

Oil gains 1% on hopes of firmer demand
Business|Finance|Stock Markets|US

US refiners reward shareholders with big returns despite softer Q1 profits

Major U.S. fuel makers returned billions in capital to shareholders in the first quarter and boosted share repurchase programs, even as refining margins softened

US refiners reward shareholders with big returns despite softer Q1 profits
Business|Economy|Finance|US

Oil slips for a third straight day on prospect of US rates staying high

Oil prices fell more than 1% on Wednesday, retreating for a third straight day, as Fed officials rekindled worries about oil demand when they indicated interest rate

Oil slips for a third straight day on prospect of US rates staying high
Economy|Finance|US

US refiners boosting fuel output past 90% of capacity for summer driving season

U.S. crude oil refiners aim to operate above 90% of their combined processing capacity for the remainder of the quarter after completing planned

US refiners boosting fuel output past 90% of capacity for summer driving season
Business|Economy|Finance|US

Oil dips on deflated US interest rate cut expectations, OPEC+ decision

Oil prices edged down on Friday and posted a third straight weekly loss as investors weighed OPEC+ reassurances against the latest U.S. jobs data that lowered

Oil dips on deflated US interest rate cut expectations, OPEC+ decision
Business|Economy|Finance|News|US

Oil eases on weak US fuel demand, profit taking

Oil prices fell on Friday as investors weighed weak U.S. fuel demand and took some money off the table at quarter-end, while key inflation data for May boosted the

Oil eases on weak US fuel demand, profit taking
Business|Economy|Finance|News

Oil prices slip as Angola decides to exit OPEC

Oil prices settled lower on Thursday after Angola said it would exit the Organization of the Petroleum Exporting Countries (OPEC), raising questions about the

Oil prices slip as Angola decides to exit OPEC
Business|Economy|Finance|News

Oil prices rise on deep weekly draw in US crude inventories

Oil prices gained about 1% on Wednesday after a larger-than-expected decline in U.S. crude stocks, but gains were capped by concerns about rising global inventories

Oil prices rise on deep weekly draw in US crude inventories
Business|Environment|News|US

Record US summer heat, hurricanes could roil fuel prices as oil refiners sweat

A double whammy of record heat and hurricanes should test U.S. refiners' resilience in coming weeks, raising the risk of extremely volatile fuel

Record US summer heat, hurricanes could roil fuel prices as oil refiners sweat
Business|Finance|US

US refiners' Q2 profits fall on low margins, soft fuel demand

U.S. oil refiners are expected to report sharply lower second quarter earnings from a year ago after a listless summer driving season that weakened refining margins,

US refiners' Q2 profits fall on low margins, soft fuel demand
Economy|Finance|MidEast|News

Oil gains nearly 3% on rising Mideast tension, falling US crude stockpiles

Oil prices rose nearly 3% on Wednesday as investors worried the conflict in the Middle East could widen after the killing of a Hamas leader in Iran, and after a sharp

Oil gains nearly 3% on rising Mideast tension, falling US crude stockpiles
Economy|Finance|News|US

Oil rises nearly 2% on upbeat US economic data, geopolitical tension

Oil prices gained more than $1 a barrel on Thursday after U.S. economic data allayed fears of recession in the world's biggest economy, although the rally was limited

Business|Economy|Finance

US oil, gas M&A activity jumped 57% last year amid industry consolidation

Dealmaking activity in the oil and gas industry increased 57% last year as energy companies boosted development spending, driven by

US oil, gas M&A activity jumped 57% last year amid industry consolidation
Business|Economy|Environment|News

US West Coast refiners still waiting for TMX margin boost

Canada's expanded Trans Mountain (TMX) oil pipeline, which commenced commercial operations in May, so far has had little impact on crude costs at refineries on the

US West Coast refiners still waiting for TMX margin boost
Asia|Business|Economy|Finance|News|Stock Markets|US

Oil prices fall 1% after US crude stocks draw; Libya supply risks limit losses

Oil prices settled 1% lower on Wednesday after a smaller-than-expected draw in U.S. crude stockpiles and as concerns over Chinese demand persisted, though losses were capped

Oil prices fall 1% after US crude stocks draw; Libya supply risks limit losses
Business|Finance|US

Marathon's Detroit refinery union workers go on strike

Teamsters members working at Marathon Petroleum's Detroit refinery have gone on strike after months of pay- and safety-related negotiations with the company

Marathon's Detroit refinery union workers go on strike
Business|News|US

Teamsters could extend strike to other Marathon refineries as Detroit negotiations stagnate

Marathon Petroleum has been unwilling to negotiate with union members at its Detroit refinery since more than 200 workers went on strike, Teamsters said on Thursday,

Teamsters could extend strike to other Marathon refineries as Detroit negotiations stagnate

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