Congress will return from recess with gasoline and diesel prices rising. The coincidence is dangerous. Source: News

With historic rainfall finally clear of the region, many US Gulf Coast refiners, petrochemical producers, and upstream operators are gradually increasing output in areas not overly beset by flooding and logistical constraints. Source: News

The overall US rig count has made a slight gain this week, marking the end of four straight weeks of declines. Baker Hughes’ calculation of active US rigs jumped 3 units during the week ended Sept. 1 to 943. Source: News

The American Petroleum Institute reiterated its concerns about possible consequences from allowing ethanol blends of more than 10% in the nation’s gasoline supplies in comments it submitted to the US Environmental Protection Agency. Source: News

Hurricane Harvey has created considerable uncertainty for gasoline supply and prices, as the area affected by the storm is home to much of the nation’s petroleum infrastructure, the US Energy Information Administration said. Source: News

Tlou Energy Ltd., Brisbane, will move ahead on coalbed methane development on the 900-sq-km prospecting license 002/2004 in western Botswana, South Africa. The Ministry of Mineral Resources, Green Technology, and Energy Security granted the company a 25-year mining license to terminate in August 2042. Source: News