The U.S. House of Representatives approved more than $40 billion more aid for Ukraine on Tuesday, as Congress races to keep military aid flowing and boost the government in Kyiv Continue Reading
California’s water use in March was the most for that month since 2015 despite pleas for conservation amid a record dry start to the year. Water used by residents to Continue Reading
Diesel prices have hit record highs due to very tight domestic inventories and a global supply shortage. A combination of spiking demand as the world recovers from Covid and falling Continue Reading
Retail gasoline prices in the United States rose on Tuesday and hit another all-time record, surpassing one set in March, as global refineries grappled with a bottleneck that has sent Continue Reading
From behind the wheel of his work van, Fernando Gonzalez took in the immaculate front yard amid the arid and affluent hills north of Los Angeles. The red and white Continue Reading
U.S. front-month Henry Hub natural gas contracts ended 12% lower on Monday. Gas prices have passed the $8 mark last week as a result of soaring exports and strong domestic Continue Reading
Strong winds continued into the day Sunday, helping spread the second-largest wildfire on record in New Mexico farther into small farming communities in the state’s mountain valleys, as crews expect Continue Reading
White house cautiously weighs implications of NOPEC bill. NOPEC bill could lead to higher prices of imported crude to the U.S. The NOPEC bill could end the dominance of the Continue Reading
Lake Powell water supply forecast at 59% of normal Lower Colorado River Basin ranges from 58% to 97% June on-peak power forwards reach package highs May 5 Southwestern snowpack levels Continue Reading
California’s milestone of meeting 99.87pct of its electricity demand only via renewables was impressive but it was only for a brief spell. On the last day of April, California hit Continue Reading
The United States announced a record-sized release of emergency crude oil reserves in March without consulting partners in the International Energy Agency, leaving them scrambling to match with releases of Continue Reading
Power grids are feeling the strain as the U.S. moves away from conventional power plants. From California to Texas to Indiana, electric-grid operators are warning that power-generating capacity is struggling Continue Reading
U.S. Senate Judicial Committee passed the NOPEC bill on Thursday. Washington ups the ante on former Middle East allies. The NOPEC bill could have serious consequences for OPEC as a Continue Reading
U.S. gas prices have surged to the highest level in real terms since the financial crisis in 2008 as strong demand for LNG from buyers in Europe and Asia puts Continue Reading
Gasoline futures in New York settled at a record high on Friday, three weeks before the start of the U.S. summer driving season. At $3.76 a gallon, the futures are Continue Reading
Employers are trying to hire from an unusually tight pool of workers available. Former Treasury Secretary Lawrence Summers discusses the Federal Reserve’s policy meeting and the outlook for U.S. growth Continue Reading
California energy officials on Friday issued a sober forecast for the state’s electrical grid, saying it lacks sufficient capacity to keep the lights on this summer and beyond if heatwaves, Continue Reading
US stocks have suffered the worst streak of weekly losses in more than a decade after days of tumultuous trading surrounding the Federal Reserve’s decision to raise interest rates by Continue Reading
Hundreds of feet below a remote forest near Hudson Bay, Serge Abergel inspected the spinning turbines at the heart of the biggest subterranean power plant in the world, a massive Continue Reading
Highlights Lake Powell water supply forecast at 59% of normal Lower Colorado River Basin ranges from 58% to 97% June on-peak power forwards reach package highs May 5 Southwestern snowpack Continue Reading
Output per hour slumped an annualized 7.5% in first quarter U.S. Productivity Drops as Labor Costs Jump U.S. productivity dropped in the first quarter by the most since 1947 as Continue Reading
Constructed four generations ago, the massive rock and clay dam at El Capitan Reservoir is capable of storing over 36 billion gallons of water, enough to supply every resident in Continue Reading
U.S. fuel prices have surged faster than crude oil prices in the last month, as the United States has shipped more refined products abroad to supply European markets following Russia’s Continue Reading
The United States will take bids this fall to buy back 60 million barrels of crude oil for the U.S. Strategic Petroleum Reserve, the first step in replenishing the stockpile Continue Reading
For the past year, America’s job market has run like a well-engineered machine, adding an impressive average of 540,000 workers a month despite a punishing inflation rate, Russia’s ruinous war Continue Reading
Fanned by relentless winds and fueled by abnormally warm and dry weather, a historically large siege of fires is raging in New Mexico. Yet the state’s fire season still has Continue Reading
Deficit to five-year average widens to 306 Bcf NYMEX Henry Hub holds above $8/MMBtu Lower temperatures to limit injections into May Chilly spring weather across much of the country curbed Continue Reading
U.S. crude oil stockpiles rose unexpectedly last week, while distillate and gasoline inventories dropped again as refiners continue to boost fuel exports to a world in need of supply, the Continue Reading
At a tiny airport surrounded by mountains, a three-person crew takes off for the inaugural flight above the headwaters of the Colorado River to measure the region’s snow by air. Continue Reading
The Henry Hub natural gas benchmark settled at $8.415 a million British thermal units on Wednesday, more than double the price at the start of the year and far above Continue Reading
Request concurrent with FMC audit into carrier export practices Letter comes amid shipper-led complaints against carriers US FAK import rates remain eight-fold higher than exports US Senators Dianne Feinstein and Continue Reading
The United States has provided intelligence about Russian units that has allowed Ukrainians to target and kill many of the Russian generals who have died in action in the Ukraine Continue Reading
U.S. officials on Tuesday announced unprecedented measures to boost water levels at Lake Powell, an artificial reservoir on the Colorado River that is so low as to endanger the production Continue Reading
A record 4-5mn US workers quit the labour force in March, while the number of job openings hit a new high of 11.5mn, underscoring employers’ struggles to fill positions as Continue Reading
The American Petroleum Institute (API) reported a larger-than-anticipated draw this week for crude oil of 3.479 million barrels, compared to analyst predictions of a 1.167 million barrel draw. U.S. crude Continue Reading
Apple Inc. has recruited a longtime Ford Motor Co. executive who helped lead safety efforts and vehicle engineering, a sign the iPhone maker is again ramping up development of an Continue Reading
California briefly got closer to reaching its goal of obtaining 100% of its power from clean energy. The Golden State’s main grid ran on 99.87% renewables for about two minutes Continue Reading
U.S. offshore oil production is booming as operators are bringing new platforms online. Years of underinvestment in drilling activity have taken their toll on the offshore industry. Goldman Sachs expects Continue Reading
For the past three decades, companies and consumers benefited from cross-border connections that kept a steady supply of electronics, clothes, toys and other goods so abundant it helped prices stay Continue Reading
With long-term severe drought continuing to take a toll on the Colorado River, the federal government is expected to announce on Monday that it will retain some water in one Continue Reading
The U.S. oil and gas industry has boosted exports to record highs as Europe races to wean itself off of Russian energy. Since July 2020, U.S. oil inventories have plummeted Continue Reading
Domestic supplies of gasoline and diesel in the United States are dwindling as record volumes of fuel are being exported from the Gulf Coast, BNN Bloomberg reports . Citing Vortexa Continue Reading
All of the oil (C + C) production data for the US state charts comes from the EIAʼ’s Petroleum Supply monthly PSM. U.S. February production decreased by a surprising 50 Continue Reading
The Southern California Gas Co. Playa del Rey underground natural gas storage facility in the Playa del Rey neighborhood of Los Angeles.Photographer: Bing Guan/Bloomberg Utilities that run on natural gas Continue Reading
European officials are preparing to make a fresh push to salvage a nuclear deal with Iran , offering to send a top European Union negotiator to Tehran in an effort Continue Reading
U.S. natural gas production growth is waning at the same time many countries are looking for new suppliers to help break their dependence on Russian gas after Moscow’s invasion of Continue Reading
A massive drought-starved reservoir on the Colorado River has become so depleted that Las Vegas now is pumping water from deeper within Lake Mead where other states downstream don’t have Continue Reading
As new Omicron variants further infiltrate the U.S., a jumble of signals suggest the latest increase in Covid-19 infections hasn’t sparked a commensurate surge in severe illness even as risks Continue Reading
California is open to keeping its last remaining nuclear power plant running to maintain electric reliability as it transitions away from fossil fuels, a spokesperson for Governor Gavin Newsom said Continue Reading
Coronavirus cases and hospitalizations are rising in a majority of American states, in what appears to be the first widespread increase since the peak of the Omicron surge in January. Reports Continue Reading
