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Month: May 2022

Category:
  • Climate
  • USA

Most of U.S. West Is in Severe Drought as Peak Wildfire Season Looms

The drought has pushed down reservoir levels in many places across the West, including the Castaic Lake reservoir in Los Angeles County. The American West is locked in its worst Continue Reading

Posted On : 28 May 2022 Published By : Tom Whipple
Category:
  • Prices
  • USA

Gas Prices Hit New Highs as Summer Driving Season Starts

With the Russian invasion of Ukraine grinding on, drivers will have to shell out a lot more to fill up their cars as the summer travel season begins this Memorial Continue Reading

Posted On : 28 May 2022 Published By : Tom Whipple
Category:
  • Natural Gas Supply

Record spot gas demand puts US South Central storage build at risk this summer

Inventories at 124 Bcf, or nearly 14% below average Record power burns fuel salt dome withdraws in May Henry Hub winter, summer gas prices trade at parity Already depleted gas Continue Reading

Posted On : 28 May 2022 Published By : Tom Whipple
Category:
  • Natural Gas Exports
  • Pipelines

FERC Approves Gas Pipeline Projects To Increase U.S. Exports

In the first quarter of 2022, the FERC approved three projects intended to increase U.S. natural gas exports via pipeline and as LNG. The U.S. Energy Information Administration recently updated Continue Reading

Posted On : 28 May 2022 Published By : Tom Whipple
Category:
  • Prices
  • USA

Shoppers Are Fretting. Stores Are Listening.

Walmart WMT 1.97%▲ is stocking more half gallons of milk for shoppers who can’t afford a full gallon. Procter & Gamble PG 1.53%▲ is touting a dish-soap bottle that allows users to save money by extracting every Continue Reading

Posted On : 28 May 2022 Published By : Tom Whipple
Category:
  • Transportation

Car-Insurance Bills Are Rising, With More Increases to Come

Car insurers have struggled as driving and accidents have rebounded from pandemic lows. Car owners need to buckle up: Higher premiums are starting to arrive as insurers get state approval Continue Reading

Posted On : 28 May 2022 Published By : Tom Whipple
Category:
  • Air Lines

Flight Cancellations Pile Up Heading Into Memorial Day Weekend

U.S. airlines canceled hundreds of flights as a combination of severe weather and staffing challenges disrupted the start of Memorial Day weekend travel. More than 1,100 flights both within the Continue Reading

Posted On : 28 May 2022 Published By : Tom Whipple
Category:
  • Nord Stream

Ukraine demands Germany cut or halt Nord Stream 1 gas flows

 Ukraine’s state gas company and gas infrastructure operator have issued a demand to the German government to either halt or severely curtail gas flows through the Nord Stream 1 pipeline, Continue Reading

Posted On : 28 May 2022 Published By : Tom Whipple
Category:
  • EU

EU may clinch summit deal to embargo Russian oil shipments

 EU countries scrambled on Friday to reach a deal that would embargo seaborne deliveries of Russian oil but still allow deliveries by pipeline, a compromise to win over Hungary and Continue Reading

Posted On : 28 May 2022 Published By : Tom Whipple
Category:
  • Russia

Russia Faces Biggest Debt Test Yet After US Ban on Payments

Russia’s ability to sidestep its first foreign default in a century is turning more fraught as another payment comes due on the warring nation’s debt. Investors are supposed to receive Continue Reading

Posted On : 28 May 2022 Published By : Tom Whipple

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