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Month: February 2020

Category:
  • Coal
  • USA

Coal plants are closing across the West. Here are the companies sticking with coal

For nearly half a century, the deserts and plains of the American West have been punctuated by coal-burning furnaces and towering smokestacks — hulking power stations that have sustained small-town Continue Reading

Posted On : 6 Feb 2020 Published By : Tom Whipple
Category:
  • Economy
  • USA

GM forecasts flat 2020 profit after a rough 2019

General Motors Co ( GM.N ) on Wednesday forecast flat profits for 2020 and reported a better than expected fourth quarter result as it kicked off a new effort to Continue Reading

Posted On : 6 Feb 2020 Published By : Tom Whipple
Category:
  • Natural Gas Supply
  • USA

‘All-Electric’ Movement Picks Up Speed, Catching Some Off Guard

When Berkeley, Calif., became the first city in the country to ban natural gas hookups in new construction last July, no one knew the effects would ripple out so far Continue Reading

Posted On : 6 Feb 2020 Published By : Tom Whipple
Category:
  • Climate
  • USA

SUV Sales Are Soaring As Climate Crisis Escalates

The war on climate change is on, but the world’s utility-vehicle-gas-guzzling habit is preventing green measures from making enough headway. SUV sales across the globe last year reached a total Continue Reading

Posted On : 6 Feb 2020 Published By : Tom Whipple
Category:
  • Natural Gas Supply
  • USA

Climate change fears put US gas utilities on defensive

US natural gas utilities are rallying against an emergent threat to their historically stable business as communities worried about climate change block new pipelines and gas connections for homes. As the Continue Reading

Posted On : 6 Feb 2020 Published By : Tom Whipple
Category:
  • Shale Gas

Six Shale Gas Producers Downgraded As Gas Prices Fail To Recover

S&P ratings downgraded six U.S. shale gas companies that might find it difficult to refinance billions in debt on the back of chronically low gas prices and overinvestment, S&P Global Continue Reading

Posted On : 6 Feb 2020 Published By : Tom Whipple
Category:
  • Coal
  • USA

US met coal exports dip in 2019 on drop in bituminous coal demand

US metallurgical coal exports totaled 50 million mt in 2019, down 10.4% from 2018, according to data issued Wednesday by the US Census. It was the lowest since 2016, when Continue Reading

Posted On : 6 Feb 2020 Published By : Tom Whipple
Category:
  • Natural Gas Exports
  • USA

Virus Has US Gas Exporters Fearing Production Cuts

Such an outcome would be a blow to the fast-expanding US LNG industry. (Bloomberg) — A grim situation for U.S. natural gas exporters has gotten even worse as the coronavirus Continue Reading

Posted On : 6 Feb 2020 Published By : Tom Whipple
Category:
  • Air Quality
  • Refining
  • USA

Ten U.S. refineries emitted excessive cancer-causing benzene in 2019: report

Ten U.S. oil refineries, including six in Texas, released the cancer-causing chemical benzene in concentrations that exceeded federal limits last year, according to government data published by the green group Continue Reading

Posted On : 6 Feb 2020 Published By : Tom Whipple
Category:
  • Shale Gas
  • USA

Credit risks mounting for US gas producers, S&P Global Rating says

Deteriorating conditions in US natural gas markets this year are posing growing credit risk to the industry’s producers and even midstream developers, S&P Global Ratings said Wednesday. Receive daily email Continue Reading

Posted On : 6 Feb 2020 Published By : Tom Whipple

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