A group of six U.S. senators wrote a letter to Secretary of State Mike Pompeo this week saying Saudi Arabia and Russia “have embarked upon economic warfare against the United States” and were threatening U.S. “energy dominance”.

gas prices in Europe and Asia have collapsed to record lows, while the U.S. Henry Hub benchmark tumbled to its lowest since 1995.

U.S. Rig Count is down 44 rigs from last week to 728, Canada Rig Count is down 44 rigs from last week to 54

U.S. primary energy consumption totaled 100 quadrillion Btu, a 1% decrease from 2018. Natural gas consumption increased 3%, renewable energy consumption and nuclear electric power consumption each increased less than 1%, petroleum consumption decreased less than 1%, and coal consumption decreased 14%.

There are 10.4 gigawatts (GW) of utility-scale solar capacity currently under construction across the United States

Ottawa needs to retrofit an average of 10,000 to 15,000 homes a year over the next three decades.

U.S. real gross domestic product (GDP) increased at an annual rate of 2.1 percent in the fourth quarter of 2019

Some US shale producers have been pressuring the Trump administration to intervene in the price war, which broke out after Russia earlier this month declined to go along with an OPEC proposal for production cuts to prop up prices.

China is saving about $250mn a day after crude prices crashed this year amid dual demand and supply shocks.

The U.S. Senate on Wednesday unanimously backed a $2 trillion bill aimed at helping unemployed workers and industries hurt by the coronavirus epidemic, as well as providing billions of dollars to buy urgently needed medical equipment.

The Senate will vote on the $2-trillion package

nine Republican senators asked the Department of Commerce to launch an anti-dumping case against Saudi Arabia following its price war with Russia.

U.S. Rig Count is down 20 rigs from last week to 772, Canada Rig Count is down 77 rigs from last week to 98

That, in turn, has prompted several lawmakers from Texas, North Dakota, Alaska and other oil states to directly lobby Saudi Arabia, stressing the two countries' decades-long ties.

The U.S. Senate on March 18 passed a multibillion-dollar coronavirus relief bill