U.S. gasoline prices are finally falling. Why?
After exceeding $5 a gallon for the first time in history, U.S. gasoline prices are finally falling, giving some relief to consumers in the world’s largest user of the fuel. Continue Reading
U.S. solar prices soared over 8% in 2nd qtr -report
U.S. solar energy prices rose 8.1% in the second quarter as projects were stalled by a Commerce Department investigation into tariffs on products from Southeast Asia and soaring input costs, Continue Reading
Tesla Supplier Panasonic Plans $4 Billion EV Battery Factory in Kansas – WSJ
Tesla Inc.’s main battery supplier in the U.S., Panasonic Holdings Corp., PCRFY -1.05%▼ said it would build a $4 billion electric-vehicle battery factory in De Soto, Kan., the latest move in the EV industry’s race to Continue Reading
Gas Prices, a Big Inflation Factor, Are Coming Down Sharply
Gasoline prices, on an upward tear for months, have reversed course in recent weeks, giving consumers a welcome break. Gasoline was a major reason that U.S. consumer prices were 9.1 Continue Reading
High Inflation in June Puts Pressure on Interest Rates
Prices surged 9.1 percent in June as consumers faced rapidly rising costs for gas, food and rent, a higher-than-expected reading and bad news for Americans at a moment when their wages are Continue Reading
What Is Keeping America From Realizing Its LNG Potential?
U.S. liquefied natural gas has become an increasingly important part of the global energy mix since Russia invaded Ukraine. In June, the European Union imported more LNG from the United Continue Reading
Texas Heatwave Highlights A Major Problem With Wind Power
A major heatwave has hit Texas and put the Lone Star State’s energy grid under severe stress. At the same time, low wind speeds mean that wind turbines in Texas Continue Reading
Chevron CEO Sees Oil Prices Rebounding On Tightening Supply
Oil prices might be down on Wednesday, but that situation could be short-lived, according to Chevron CEO Michael Wirth, who spoke at the CNBC Evolve Global Summitt on Wednesday. According Continue Reading
Gazprom: Nord Stream gas link’s safety depends on stranded turbine
Kremlin-controlled energy giant Gazprom (GAZP.MM) said on Wednesday it could not guarantee the safe operation of a critical part of the Nord Stream 1 gas pipeline because of doubt over Continue Reading
Analysis: Euro is at parity; its fate is now with energy markets
The euro’s tumble below $1 for the first time in two decades puts it on course for one of the worst years in its history, especially if the energy price Continue Reading