U.S. drillers add oil and gas rigs for 11th month -Baker Hughes
U.S. energy firms kept the number of oil and natural gas rigs unchanged this week but added rigs for an 11th month in a row as some drillers returned to Continue Reading
Congress Restores Pre-Trump Era Methane-Gas Emissions Standards
Congress has moved to restore environmental regulations to limit the amount of methane that leaks from U.S. oil and gas production facilities, reversing a Trump era rollback for the greenhouse Continue Reading
Against Expectations, Southwestern Summers Are Getting Even Drier
The Southwest, already the driest region in the United States, has become even drier since the mid-20th century, particularly on the hottest days, according to new research. Humidity has declined Continue Reading
Oil Rig Count Falls As U.S. Drillers Exercise Caution
Baker Hughes reported on Friday that the number of oil and gas rigs in the United States stayed the same this week, with the total rig count holding fast at Continue Reading
Blackout Risk And Electricity Prices Are Spiking In California
Electricity prices for Californians are spiking, but so is the danger of blackouts—both planned and unplanned. Exceptional drought forecasts for this summer prompted PG&E to warn earlier this month that Continue Reading
Texas Grid Meets Record June Demand
The Electric Reliability Council of Texas (ERCOT) has been able to meet record peak demand so far in June despite tight grid conditions last week. Yet, analysts and residents question Continue Reading
Global Jet Fuel Demand Is Slowly Recovering
America and Europe are leading a slow but steady recovery in global airline seat capacity and travel, which is driving up demand for jet fuel. Aviation fuel demand will not Continue Reading
U.S. LNG Exports Are Surging Despite Jump In Shipping Costs
Despite a 65-percent jump in the cost of U.S. exports of liquefied natural gas to the biggest import market, Asia, American LNG shipments abroad have soared to record highs and Continue Reading
California Bets On Clean Energy To Beat Blackouts
The California Public Utilities Commission (CPUC) ordered on Thursday utilities to procure 11.5 gigawatts from zero-emission electricity sources in what it described “a historic decision” aimed at ensuring reliability and Continue Reading
$6 Billion Sale From Petroleum Reserve May Help Fund Infrastructure Plan
The U.S. could sell $6 billion worth of crude oil from the Strategic Petroleum Reserve (SPR) as one of the financing sources for new investment in the infrastructure deal, Reuters Continue Reading