The Offshore Wind Boom Is Just Getting Started
Wind power is finally gaining traction in America’s energy mix. The Biden Administration is planning to hold the largest-ever offshore wind leases in U.S. history. As the race to cut Continue Reading
U.S. and Russia to Discuss Ukraine at U.N. Security Council:
The United States and Russia prepared for confrontation Monday at the United Nations Security Council over the Ukraine crisis, with the Americans vowing to make the Russians justify their massing Continue Reading
Global gas rally to kickstart long-stalled U.S. LNG projects
High global natural gas prices are breaking a two-year logjam of new U.S. liquefied natural gas (LNG) projects with at least three of the multibillion-dollar proposals likely achieving enough supply Continue Reading
Analysis: Biden gets climate win with court loss on Gulf of Mexico oil leases
A U.S. judge’s surprise decision this week to annul the Biden administration’s first Gulf of Mexico oil lease auction because of its climate change impact has raised questions about the Continue Reading
Futures Market Shows Tight U.S. Gasoline Supply Ahead
On top of $90 oil prices, the futures market also points to further pain at the pump for American consumers. Gasoline futures at NYMEX are trading at their highest premium Continue Reading
U.S. Natural Gas Prices Climb Most Ever In Single Day
U.S. natural gas futures surged 72% just ahead of expiration of the February contract The huge spike in the February contract is a clear sign that bearish bets were being Continue Reading
US coal generation share falls to 18-month low in November: EIA
Highlights Coal capacity factor drops to 39.1% Stocks at 21-year low for corresponding month Subbituminous days of burn flat to five-year average Power sector coal stockpiles were 32.3% lower at Continue Reading
US vows to block Nord Stream 2 pipeline if Russia invades Ukraine
Highlights Pipeline will be part of sanctions response: Germany Russia-Ukraine standoff roils global energy markets The US will block the startup of the Nord Stream 2 gas pipeline to Germany Continue Reading
US solar energy boom ‘stuck’ as industry confronts obstacles
A US solar power boom is at risk of stalling just as the country needs a surge in clean energy projects to meet its goals to strip carbon from electricity Continue Reading
Biden Desperately Needs To Bring Oil Prices Down
Former energy advisor Bob McNally once said, “Few things terrify an American president more than a spike in fuel [gasoline] prices.” U.S. President Joe Biden is grappling with the task Continue Reading