U.S. President Joe Biden announced on Wednesday a new $700 million weapons package for Ukraine that will include high mobility artillery rocket systems, which can accurately hit targets as far Continue Reading
The Biden administration plans to sell Ukraine four MQ-1C Gray Eagle drones that can be armed with Hellfire missiles for battlefield use against Russia, three people familiar with the situation Continue Reading
U.S. consumer confidence eased modestly in May as persistently high inflation and rising interest rates force Americans to become more cautious about buying big ticket items, including motor vehicles and Continue Reading
Batten down the hatches for another nasty hurricane season. Nearly every natural force and a bunch of human-caused ones — more than just climate change — have turned the last Continue Reading
For the third year, Americans are greeting the unofficial start of summer shadowed by the specter of the coronavirus amid rising covid-19 cases and hospitalizations across the country. The United States is Continue Reading
NYMEX front-month natural gas futures May 31 picked up where they left off before the long holiday weekend by tumbling to start the abbreviated trading week. At the end of Continue Reading
Highlights Tight supplies in Europe, Asia buying interest seen Project FIDs, long-term commercial deals continue US FOB Gulf Coast cargo values rose to the highest level in almost four weeks Continue Reading
The United States will send Ukraine advanced rocket systems and munitions as part of a new $700 million package of military equipment intended to help the Ukrainians fight back against Continue Reading
North Dakota farmer Dwight Grotberg wanted to plant more wheat this spring to capitalize on soaring prices since Russia’s invasion of Ukraine cut grain exports and left the world short Continue Reading
The New York metropolitan area had the longest average commute time before the pandemic, according to the Census Bureau. It isn’t the office that workers heading into the city despise. Continue Reading
For four years under President Donald J. Trump, the United States all but stopped trying to combat climate change at the federal level. Mr. Trump is no longer in office, but his Continue Reading
The first hurricane of the eastern Pacific season strengthened on Sunday as it spiraled toward the southern coast of Mexico, with maximum sustained winds of 110 mph (177 km/h) that Continue Reading
Warnings of critical fire conditions blanketed much of the U.S. Southwest on Saturday, as crews in northern New Mexico worked to stop the growth of the nation’s largest active wildfire. Continue Reading
The Biden administration has released the lease terms for offshore wind projects that would place hundreds of turbines in California’s coastal waters — the first such project off the nation’s Continue Reading
Consumer spending off to a solid start early in second quarter Manufacturing gauges soften, while housing market stumbles An employee adjusts diamond jewelry in the window of a store in Continue Reading
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
Firefighters doused trees along a road near Las Vegas, N.M., earlier in May. Two New Mexico fires that merged into the largest wildfire in state history were each sparked by Continue Reading
For the third year, Americans are greeting the unofficial start of summer shadowed by the specter of the coronavirus amid rising covid-19 cases and hospitalizations across the country. The United States is Continue Reading
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
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
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
Fresh off of the US targeting a series of companies involved in an Iran-linked oil smuggling network , the US has now seized an oil tanker near Greece, taking the Continue Reading
Highlights Pemex produced 1.5 million b/d of crude in April, the lowest since the 1970s Private operators continue to show good results Natural gas production rises slightly Crude production at Continue Reading
This transaction represents the largest project financing in the world closed to date in 2022. Venture Global LNG has announced the successful closing of the $13.2 billion project financing for Continue Reading
Record high gas prices are starting to take a toll on the American consumer. Demand for gasoline in mid-May fell to one of its lowest levels for this time of Continue Reading
Since Monday, the national average for a gallon of regular gasoline has increased by a penny to $4.60. According to new data from the Energy Information Administration (EIA), total domestic Continue Reading
Natural-gas prices are heating up ahead of air-conditioning season, adding pressure to household budgets and manufacturing costs. Futures for June delivery reached $9.399 per million British thermal units on Wednesday Continue Reading
IEA’s Birol Says Oil Prices May Rise Further Oil rose after a two-day decline as an industry report showed US gasoline stockpiles shrunk further ahead of the summer driving season Continue Reading
The chances of the world powers reaching a deal with Iran on its nuclear activities that would pave the way toward the removal of the U.S. sanctions on Iranian oil Continue Reading
Gasoline Likely to Rise Further, Rapidan Energy Says US gasoline demand — earlier expected to hold strong this summer despite soaring prices — is starting to show signs of cracks. Continue Reading
The push to make nuclear power a key tool to fight climate change is getting a boost from one of the most unlikely places on Earth: California. The state, birthplace of Continue Reading
A majority of Americans say they are likely to travel for summer vacation this year, but high prices for gas, hotels and flights are weighing on those plans, a Washington Post-Schar Continue Reading
Highlights 90s F forecast from mid-Atlantic to Massachusetts Northeast power burns to top 9 Bcf/d in early June Northeast inventory deficit grows in May to 85 Bcf An early-season heat Continue Reading
Atlantic weather systems have severely affected oil and gas operations in the past. Forecasters at NOAA’s Climate Prediction Center, a division of the National Weather Service, are predicting above average Continue Reading
TotalEnergies (TTEF.PA) said on Wednesday it has agreed to buy 50% of Clearway Energy Group, the fifth-largest renewables company in the United States, marking the French group’s largest U.S renewables Continue Reading
IEA’s Birol Says Oil Prices May Rise Further Oil rose after a two-day decline as an industry report showed US gasoline stockpiles shrunk further ahead of the summer driving season Continue Reading
Survey predicts 87 Bcf build in the week ended May 20 Storage deficit would widen further to 320 Bcf NYMEX gas futures rally, trading near $9/MMBtu US natural gas in Continue Reading
Risks to production, refining, exports, ports NOAA predicts up to 21 named storms 2021 season was the third-most active US energy and commodity markets are set for another busy Atlantic Continue Reading
The national average for a gallon of gas has not fallen for nearly a month. Gasoline has either remained flat or risen every day since April 24 and has set Continue Reading
The average age of vehicles on U.S. roadways edged higher in 2021, hitting a record of 12.2 years, as Americans challenged by high car prices and slim pickings on dealer Continue Reading
The Biden administration is considering a release of diesel fuel from federal reserves to address skyrocketing prices and the threat of supply outages on the East Coast. Officials have drafted Continue Reading
Power burns down 260 MMcf/d spring 2022 vs. 2021 8.1 GW of renewable capacity installed over past year Commerce tariff investigation could slow solar growth Recent growth in renewable generating Continue Reading
Oil prices gained on Monday with U.S. fuel demand, tight supply and a slightly weaker U.S. dollar supporting the market, as Shanghai prepares to reopen after a two-month lockdown fuelled Continue Reading
President Biden opened the second chapter of his Asia tour Monday with several moves — some choreographed, others apparently not — signaling a more confrontational approach to China in matters Continue Reading
The U.S. Department of the Interior (DOI) has posted an update. The Department of the Interior (DOI) will release the proposed program, the next step in the five-year offshore energy Continue Reading
Gas stations in Washington are resetting their price boards to accommodate double digits in preparation for fuel prices potentially reaching $10 a gallon. The move comes as several gas stations Continue Reading
U.S. stocks are in the midst of their longest selloff in decades. Whether they are close to bottoming is anyone’s guess. Market selloffs have long stumped strategists trying to predict when Continue Reading
Members of the media took a tour April 11 to Dominion Energy’s offshore wind farm pilot project off Virginia Beach. Dominion Energy built wind turbines off the coast of Virginia Continue Reading
U.S. crude oil inventories fell last week as refining activity picked up ahead of the busy summer driving season, even as the United States continued to release barrels from its Continue Reading
Power demand in Texas hit a monthly record on Tuesday and will likely break that high on Wednesday as consumers keep their air conditioners cranked up to escape a lingering Continue Reading
