Highlights US crude exports averaged 3.06 million b/d last week: EIA Trans-Atlantic Aframax rates climb nearly 72% since start of October An Oct. 20 report from the US Energy Information Continue Reading
Oct. 1 letter, now public, says deals signed Sept. 1 High Asian and European prices spur contracting Venture Global LNG has signed two long-term offtake contracts with China’s Sinopec for Continue Reading
Thousands of unvaccinated workers across the United States are facing potential job losses as a growing number of states, cities and private companies start to enforce mandates for inoculation against Continue Reading
The Biden administration is launching a wide-ranging strategy to regulate toxic industrial compounds associated with serious health conditions that are used in products ranging from cookware to carpets and firefighting Continue Reading
California recorded its driest year in a century amid a period of above-average wildfires, extreme heat and extended droughts. The 12-month period from Oct. 1 through Sept. 30 when surface-water supply Continue Reading
Northern California may get a respite from wildfire season when rain and snow fall on tinder-dry trees and brush in coming days. The initial burst of precipitation will begin Tuesday Continue Reading
In Senator Joe Manchin’s hometown, a flood-prone hamlet of about 200 homes that hugs a curve on a shallow creek, the rain is getting worse. Those storms swell the river, Continue Reading
U.S. refiners are expected to show higher earnings for the third quarter as margins to sell gasoline and diesel have improved despite the surging cost of crude oil, analysts said. Continue Reading
Major Chinese energy companies are in advanced talks with U.S. exporters to secure long-term liquefied natural gas (LNG)supplies, as soaring gas prices and domestic power shortages heighten concerns about the Continue Reading
For the second year in a row, the weather phenomenon La Niña is expected to alter the U.S. winter. The National Oceanic and Atmospheric Administration said Americans could expect myriad Continue Reading
The number of abandoned oil and gas wells in the United States is much higher than previously thought, according to an exclusive analysis shared with The Climate 202. The analysis, which Continue Reading
California is racing to secure large amounts of power in the next few years to make up for the impending closure of fossil-fuel power plants and a nuclear facility that Continue Reading
Major Chinese energy companies are in advanced talks with U.S. exporters to secure long-term liquefied natural gas (LNG)supplies, as soaring gas prices and domestic power shortages heighten concerns about the Continue Reading
U.S. natural gas futures gained almost 2% on Thursday on a smaller-than-expected storage build, lower output, rising liquefied natural gas (LNG) exports and higher global gas prices that will keep Continue Reading
Americans got a stark warning from the government this week: Expect higher heating bills this winter. According to the Energy Information Administration, nearly half of U.S. households that warm their Continue Reading
Since the pandemic started to wane, Americans have been on an extraordinary buying spree. One measure of this is the daily tally of container ships idling outside the congested ports Continue Reading
A weather-roiling La Nina appears to have emerged across the equatorial Pacific, setting the stage for worsening droughts in California and South America, frigid winters in parts of the U.S. Continue Reading
Cotton and soybeans grow in the west Tennessee fields where, in four years, Ford Motor plans to manufacture electric trucks. Last month Ford and its partner SK Innovation said they Continue Reading
A hearing by a sub panel of the House Natural Resources Committee comes as anger over oil fouling Huntington Beach has renewed demands for offshore oil drilling bans. House Democrats Continue Reading
One of Mexico’s largest oil refineries has been shuttered for weeks—only we are just now finding out about it. And oil products are now building up at the site. Mexico’s Continue Reading
Lowy Institute’s McGregor on U.S.-China Relations China said it set up a group with the U.S. to discuss disputes, ahead of a video summit between President Joe Biden and his Continue Reading
WASHINGTON, Oct 13 (Reuters) – Vaccination rates against COVID-19 in the United States have risen by more than 20 percentage points after multiple institutions adopted vaccine requirements, while case numbers Continue Reading
U.S. consumer prices increased solidly in September as Americans paid more for food, rent and a range of other goods, putting pressure on the Biden administration to urgently resolve strained Continue Reading
The U.S. plans to hold up to seven offshore wind auctions in the next four years, including in areas that have yet to be developed such as off the coast Continue Reading
U.S. natural gas futures edged up on Wednesday with a decline in output over the past couple of days, forecasts for higher heating use during the next two weeks and Continue Reading
U.S. consumers will spend more to heat their homes this winter than last year due to surging energy prices, the U.S. Energy Information Administration (EIA) projected in its winter fuels Continue Reading
Consumer prices jumped more than expected last month, with food, rent and furniture costs surging as a limited supply of housing and a shortage of goods tied to supply chain Continue Reading
Forecast Highlights Winter Fuels Outlook We forecast that average U.S. household expenditures for all major home heating fuels will increase significantly this winter primarily because of higher expected fuel costs Continue Reading
One of the country’s busiest ports will operate around the clock in an effort to ease cargo bottlenecks that have led to shortages and higher consumer costs, a change announced by the Continue Reading
The Biden administration announced on Wednesday a plan to develop large-scale wind farms along nearly the entire coastline of the United States, the first long-term strategy from the government to Continue Reading
Less than two years ago, the U.S. was the new major swing producer in global oil markets, but the pandemic has upended its status Despite rising costs and the increasing Continue Reading
Mexico’s second-largest refinery remains halted since late September due to protests by teachers that are blocking roads used by state-run Petroleos Mexicanos(Pemex) to transport the facility’s output for domestic consumption Continue Reading
Most American gas has been going to Asia, where buyers have been more generous with prices. U.S. LNG has never been particularly competitive in most of Europe because of the Continue Reading
A large cloud of planet-warming methane was detected in the natural gas-rich San Juan Basin in New Mexico by geoanalytics company Kayrros SAS. A large number of gas companies operate Continue Reading
California will become the first state to ban the sale of gas-powered leaf blowers and lawn mowers under legislation signed by Gov. Gavin Newsom. The Democrat also on Saturday signed Continue Reading
U.S. natural gas prices do have more room to rise, but they are unlikely to follow the skyrocketing rallies of the European and UK gas prices. The United States has Continue Reading
The U.S. is likely to ask OPEC member states to pump more crude to help ease a surge in energy prices, according to oil historian Daniel Yergin. “Joe Biden knows Continue Reading
Outside of hunting season, few people visit the Tri-Valley Wildlife Area in the rolling hills of southeast Ohio. When a couple of Bloomberg Green reporters showed up on a muggy Continue Reading
after water levels at a California dam fell to historic lows this summer, the main hydropower plant it feeds was shut down. At the Hoover Dam in Nevada — one Continue Reading
Like toy blocks hurled from the heavens, nearly 80,000 shipping containers are stacked in various configurations at the Port of Savannah — 50 percent more than usual. The steel boxes Continue Reading
Goldman Sachs Group Inc. economists cut their forecasts for U.S. growth this year and next, blaming a delayed recovery in consumer spending. Goldman’s team, led by Jan Hatzius, said in Continue Reading
If the floods don’t get you, lack of electricity or a swamped hospital might. Nearly a quarter of U.S. critical infrastructure—utilities, airports, police stations and more—is at risk of being Continue Reading
The U.S. economy is facing a new threat: rising energy prices. Crude oil has risen 64% this year to a seven-year high. Natural-gas prices have roughly doubled over the past Continue Reading
What is happening in Europe—including the UK, by the way, one of the most active energy transitioners—right now is a cautionary tale of magnificent proportions. Europe was in no particular Continue Reading
WASHINGTON, Oct 8 (Reuters) – China said on Saturday it pressed the United States to eliminate tariffs in talks between the countries’ top trade officials that Washington saw as a Continue Reading
The U.S. has endured 18 major weather and climate disasters so far this year that killed a combined 538 people and inflicted more than $100 billion in damage, according to Continue Reading
A gauge of North American fertilizer prices soared to a record high, driving up costs for farmers and threatening to worsen food inflation. The Green Markets North America Fertilizer Price Continue Reading
The U.S. Coast Guard is working to assess the total number of gallons of oil leaked off the coast of Southern California, as an investigation into the spill’s cause continues. Continue Reading
Oil and gas companies have asked the Canadian government to design a tax credit to pay for 75% of the cost to build carbon capture facilities that will curb greenhouse Continue Reading
The U.S. Department of Energy (DOE) on Thursday said all “tools are always on the table” to tackle tight energy supply conditions in the market. The department made the comment Continue Reading
