President Joe Biden’s chief medical adviser warned on Sunday that the number of Americans infected with Covid-19 was likely to “go much higher” before easing off in the new year. Continue Reading
Signs are mounting that the U.S. economy is losing some steam as the Omicron variant of the Covid-19 virus spreads rapidly through parts of the country. The number of diners seated at Continue Reading
Highlights 55 Bcf drawn from US storage fields in week ended Dec. 17 Triple-digit drawdown likely for week in progress US natural gas inventories fell about one-third of the five-year Continue Reading
Vladimir Putin said the US and Russia would meet in January in Geneva for talks over Ukraine, which he said were essential to protect Moscow from what he claimed were Continue Reading
U.S. health regulators on Wednesday authorized the first pill against COVID-19, a Pfizer drug that Americans will be able to take at home to head off the worst effects of Continue Reading
Slashed drilling activity and low oil prices led to the largest decline in annual average crude oil production in the United States in 2020 U.S. crude oil production averaged 11.3 Continue Reading
A combination of weather-related and geopolitical factors have led to an energy crisis in Europe Gas flows on one of the major gas pipelines from Russia to Europe have reversed Continue Reading
All six major U.S. LNG liquefaction facilities in operation appear to be running at full capacity as they made a new record for LNG feedgas demand. All six major U.S. Continue Reading
U.S. officials announced approval Tuesday of two solar projects in California and moved to open up public lands in three other Western states to potential solar development, as part of Continue Reading
How much water flows into Southwestern U.S. cities next year will depend on the coming snowfall and the resulting snowpack accumulation. So far, it’s not looking good . High mountain Continue Reading
Highlights 13 Bcf/d of feedgas demand observed Dec. 21 Atlantic awash in LNG tankers heading east US LNG feedgas demand registered Dec. 21 at around 13 Bcf/d – a new Continue Reading
AGT Jan-22, Feb-22 contracts at record highs near $30 European gas surges on cold weather, supply constraints Everett LNG terminal imports single cargo winter to date Winter-season gas prices at Continue Reading
Companies are poised to install record amounts of batteries on America’s electric grid this year, as government mandates and a steep decline in costs fuel rapid growth in power storage. Continue Reading
The Biden administration on Monday raised fuel-efficiency standards for passenger cars and light duty trucks, saying the new standards will reduce pollution and save consumers billions of dollars at the Continue Reading
California and the West Coast remain entrenched in a crippling drought that’s left some reservoirs dry and vegetation desiccated, but the atmosphere will deliver another welcome dose of water this Continue Reading
Senator Joe Manchin III on Monday cited a litany of issues that drove him to oppose President Biden’s $2 trillion Build Back Better bill, from Democrats’ refusal to attach work Continue Reading
We think the US Supreme Court, with its 6-3 conservative majority, is considering one of the most sweeping changes to federal regulatory policy that we can imagine. The court is Continue Reading
President Joe Biden will need to rely far more on regulation to meet his promise to cut greenhouse gas emissions in half by 2030, after his roughly $2 trillion economic Continue Reading
Russia said on Monday it urgently needed a response from the United States on its sweeping security demands and again warned of a possible Russian military response unless it saw Continue Reading
The Biden administration’s release of crude from U.S. emergency reserves to cool oil’s rally is going into a second round, with bids due by the first working day of the Continue Reading
1. Indian Oil Demand Is Firing on All Cylinders Brushing aside Omicron concerns, Indian downstream players have been ramping up refinery runs and are close to running at 100% (with Continue Reading
US LNG feedgas demand hit a new record high at 12.55 Bcf/d on Dec. 17, based on morning nominations, as the export value of Gulf Coast FOB cargoes surged amid Continue Reading
Processing the high-sulfur crudes produced in the Gulf of Mexico hasn’t been this profitable since 2017, thanks largely to cheap shale gas. While Europe and Asia grapple with surging prices Continue Reading
Prior to the pandemic, the utilization rate of U.S. oil pipelines stood at 60 to 70 percent The midstream oil sector see intense competition as pipeline operators have to fight Continue Reading
Residents of America’s biggest cities are struggling to book vaccine appointments because of the rising wave of the Omicron coronavirus variant and a rush in demand for booster shots before Continue Reading
Surging gasoline demand may limit the success of the Biden Administration’s efforts to nudge pump prices much lower. The four-week average of U.S. gasoline demand rose to 9.14 million barrels Continue Reading
New York City authorities are set to decide today whether to ban natural gas connections for new buildings in a bid to reduce the city’s carbon footprint, the Associated Press Continue Reading
Oil prices have soared to seven-year highs as the global economy has recovered, and driven the U.S. retail gasoline cost to $3.42 a gallon, the highest in seven years. The Continue Reading
Coronavirus deaths in the United States surpassed 800,000 on Wednesday, according to a New York Times database, as the pandemic neared the end of a second year and as known virus cases in Continue Reading
A rumor has been circulating that the White House was considering an export ban on crude oil, but the administration has just shut it down. The Biden Administration is now Continue Reading
Onshore gas flaring in the U.S. has plummeted, falling to its lowest level since at least 2012. The most significant contributors to this steep decline were the Bakken and Permian Continue Reading
Mexico could further ease the fiscal burden on its state oil firm Pemex, the world’s most indebted oil company, as the government looks to stop years of production declines. “With Continue Reading
More than 100 million Americans are forecast to hit the road this holiday season, nearing pre-pandemic levels even as gasoline prices at the pump remain close to seven-year highs. The Continue Reading
Prices that suppliers are charging businesses and other customers leapt in November, signaling that broad-based price pressures are still building throughout the U.S. supply chain. The Labor Department said Tuesday Continue Reading
Top federal health officials warned in a briefing Tuesday morning that the omicron variant is rapidly spreading in the United States and could peak in a massive wave of infections Continue Reading
The U.S. solar industry is set to be torn between huge opportunities and major stumbling blocks in the coming months and years, and it will likely see a wild “solar Continue Reading
Res-comm below 36 Bcf/d in December, lowest since 2015 NYMEX prompt under $4, down 22% from late November Storage deficit at 90 Bcf, down from 235 Bcf in September US Continue Reading
Savion operates more than130 projects across US Purchase dips into Shell’s renewable fund In pursuit of achieving net-zero emissions by 2050, Shell plans to expand its global solar portfolio with Continue Reading
Climate provisions in President Joe Biden’s tax-and-spending plan are critical to fulfilling his pledge to halve U.S. greenhouse gas emissions by 2030 but are far from enough, according to a Continue Reading
The stated U.S. aim when indirect U.S.-Iranian talks resume this month is to see if the two can revive a 2015 nuclear deal, but Washington’s unspoken goal may be to Continue Reading
As the coronavirus pandemic approaches the end of a second year, the United States stands on the cusp of surpassing 800,000 deaths from the virus, and no group has suffered more than Continue Reading
A satellite spotted two plumes of planet-warming methane rising from a patch of East Texas that’s home to multiple oil and gas operations. State regulators said they couldn’t identify the Continue Reading
Permian makes up 74% of increase Eagle Ford is 14% of climb, Bakken 8% Mounting output due to rising rig counts US unconventional oil output is poised to rise by Continue Reading
Meteorologists say the storms are just the beginning of an “atmospheric river” that will bring more intense rainfall and heavy snow in the Sierras. A significant storm ramped up Sunday Continue Reading
U.S. energy companies are pressing states to speed the development of low-carbon fuel markets, warning that numerous proposed projects to make renewable natural gas and other biofuels may fizzle. State Continue Reading
Nearly two-thirds of US companies are planning to require at least some of their workers to get vaccinated against Covid-19 regardless of whether they are legally bound to do so, Continue Reading
U.S. consumer prices rose solidly in November as Americans paid more for food and a range goods, leading to the largest annual gain since 1982, posing a political nightmare for Continue Reading
The Biden administration has ordered U.S. government agencies to immediately stop financing carbon-intensive fossil fuel projects overseas and prioritize international collaborations to deploy clean energy technology, according to U.S. diplomatic Continue Reading
As we close in on the official start of winter Dec. 21, there’s little cold to be found across the Lower 48. The first of two surges of warmth has Continue Reading
Highlights Would limit government involvement in carbon-intensive projects Stakeholders await details on how exemptions will apply Following through on President Biden’s January executive order calling for the US to develop Continue Reading
