Texas Grid Meets Record June Demand
The Electric Reliability Council of Texas (ERCOT) has been able to meet record peak demand so far in June despite tight grid conditions last week. Yet, analysts and residents question Continue Reading
U.S. LNG Exports Are Surging Despite Jump In Shipping Costs
Despite a 65-percent jump in the cost of U.S. exports of liquefied natural gas to the biggest import market, Asia, American LNG shipments abroad have soared to record highs and Continue Reading
California Bets On Clean Energy To Beat Blackouts
The California Public Utilities Commission (CPUC) ordered on Thursday utilities to procure 11.5 gigawatts from zero-emission electricity sources in what it described “a historic decision” aimed at ensuring reliability and Continue Reading
$6 Billion Sale From Petroleum Reserve May Help Fund Infrastructure Plan
The U.S. could sell $6 billion worth of crude oil from the Strategic Petroleum Reserve (SPR) as one of the financing sources for new investment in the infrastructure deal, Reuters Continue Reading
Gas Shortage Pushes Coal Prices To 10-Year High
Tight natural gas supply and a rebound in electricity consumption have combined to push thermal coal prices to the highest in a decade, the Wall Street Journal reports , adding Continue Reading
19 U.S. Oil & Gas Pipelines Moving To Completion This Year
U.S. operators have completed, started building, or announced a total of 19 petroleum liquids pipeline projects so far this year, the Energy Information Administration (EIA) said on Friday. Two pipelines Continue Reading
U.S. refining capacity shrinks 4.5% as pandemic shuts plants
U.S. refining capacity last year fell 4.5% to 18.13 million barrels per day (bpd) from a record 18.98 million bpd a year earlier, the U.S. government reported on Friday, reflecting Continue Reading
U.S. says ban on Chinese firm’s solar products will not slow clean energy progress
The Biden administration said Thursday it banned U.S. imports of a key solar panel material from Chinese-based Hoshine Silicon Industry Co (603260.SS) , but stopped short of imposing a ban Continue Reading
‘We have a deal:’ Biden OK’s $1.2 trillion infrastructure plan
U.S. President Joe Biden on Thursday embraced a $1.2 trillion bipartisan Senate deal to renew the nation’s roads, bridges and highways and help stimulate the economy — a major breakthrough Continue Reading
Biden, Senators Get $579 Billion Bipartisan Infrastructure Deal
WATCH: Biden says “we have a deal.” President Joe Biden celebrated his tentative deal with a group of Democratic and Republican senators on a $579 billion infrastructure plan, saying it Continue Reading