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Month: January 2022

Category:
  • China

Sinopharm protein-based booster stronger against Omicron than earlier shot -study

A protein-based COVID-19 vaccine made by Sinopharm, when given as a booster after two doses of an earlier shot from the Chinese firm, elicited a stronger antibody response against the Continue Reading

Posted On : 8 Jan 2022 Published By : Tom Whipple
Category:
  • Shale Oil

U.S. drillers add oil and gas rigs for fourth week in five -Baker Hughes

U.S. energy firms kicked off the new year by continuing to add oil and natural gas rigs this week after increasing the rig count in 2021 after two years of Continue Reading

Posted On : 8 Jan 2022 Published By : Tom Whipple
Category:
  • USA

US unemployment rate drops to 3.9% giving Fed ammunition to raise rates

The US unemployment rate dropped significantly in December, prompting investors to increase their bets on the Federal Reserve moving quickly to raise interest rates and withdraw the stimulus it put Continue Reading

Posted On : 8 Jan 2022 Published By : Tom Whipple
Category:
  • Shale Oil

U.S. Rig Count Rises Alongside Oil Prices

The number of active drilling rigs in the United States rose by 2 this week. Oil-directed rigs were up by 1 to 481, while gas-directed rigs were up by 1 Continue Reading

Posted On : 8 Jan 2022 Published By : Tom Whipple
Category:
  • Shale Oil

Texas Clampdown On Disposal Wells Hits Oil Producers

Oil producers in some of the most prolific parts of the Permian could lose up to half of their wastewater disposal wells as the Texas Railroad Commission targets the quake-inducing Continue Reading

Posted On : 8 Jan 2022 Published By : Tom Whipple
Category:
  • USA

Winter storm increases Northeast US power demand, prices; another cold front expected

Highlights Power prices above $200/MWh Jan. 7 PJM issued cold weather alert NYISO peakload forecast at 22.3 GW Jan. 11 Power prices were above $200/MWh in New York Independent System Continue Reading

Posted On : 8 Jan 2022 Published By : Tom Whipple
Category:
  • Electric Cars
  • USA

Automakers announce range of new EVs, EV concepts at CES 2022

Highlights Chrysler to offer first pure EV in 2025, go all-electric by 2028 Turkey’s TOGG revealed country’s first two EVs for availability in late 2022 GM, Mercedes-Benz, BMW among other Continue Reading

Posted On : 8 Jan 2022 Published By : Tom Whipple
Category:
  • Electricity

Higher Natural Gas Prices Push Up U.S. Wholesale Electricity Prices

Rising fuel costs, especially those of natural gas, drove up wholesale electricity prices in all U.S. regions in 2021, the Energy Information Administration (EIA) said in an analysis on Friday. Continue Reading

Posted On : 8 Jan 2022 Published By : Tom Whipple
Category:
  • Natural Gas Supply

US Midwest gas storage takes hit as long-awaited winter weather arrives in the West

Highlights Temps plunge, lifting Midwest demand to nearly 28 Bcf/d Chicago city-gate gas prices edge back toward $4/MMBtu Midwest regional gas storage surplus narrows to 25 Bcf Wintry weather and Continue Reading

Posted On : 8 Jan 2022 Published By : Tom Whipple
Category:
  • Ukraine

Nato rejects Russian demand for ‘second class’ members

Nato’s secretary-general has ruled out creating “second-class” members of the military alliance to appease Moscow, ahead of a week of high-stakes diplomacy between the Kremlin and western powers that aims Continue Reading

Posted On : 8 Jan 2022 Published By : Tom Whipple

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