U.S. Drivers In For A Gasoline Price Shock At The Pump
It’s one of the busiest travel days of the year in the United States. As drivers ready to hit the road for their Memorial Day weekend road trips, they might Continue Reading
U.S. reports lowest number of new COVID-19 cases in nearly a year
The United States last week reported the lowest number of new COVID-19 cases in nearly a year, with new infections dropping 26% from the previous seven days to just under Continue Reading
America’s Gas Crisis Could Send These EV Stocks Even Higher
It’s one of the most devastating shortages in the energy markets since the 1970s. And soon, it could spark the beginning of the next phase of the EV boom… Creating Continue Reading
Israel-Gaza: How much money does Israel get from the US?
Getty Images President Joe Biden is facing questions from some in his Democratic party about the amount of aid the US sends to Israel. Senator Bernie Sanders has said the Continue Reading
North Dakota Supreme Court Decides In Favor Of Oil Firms In Royalties Case
The oil royalties which producers pay landowners should be calculated at the well, not at a higher price at some point downstream, the North Dakota Supreme Court said this week Continue Reading
New Gas Plants Threaten Carbon Hangover Long Past Biden Deadline
The red-and-white flue stacks of the James M. Barry Electric Generating Station tower over the Mobile River, belching steam into the Alabama sky. The sprawling complex of coal and natural Continue Reading
Covid Live Updates: U.S. Virus Cases, Deaths Drop to Levels Not Seen Since Last Summer
San Francisco General Hospital announced this past week that it had no Covid-19 patients for the first time since March 5 of last year.Jim Wilson/The New York Times The United Continue Reading
Drought Imperils Economy in California’s Farm Country
Sitting in a pickup truck on his almond farm 100 miles north of San Francisco, Tom Butler pointed to a withered grove he has been planning to bulldoze in order Continue Reading
California drought emergency brings water shortages, fire danger
California’s deepening drought has worsened into a crisis, as a second dry year in a row has diminished the state’s water supply and another difficult fire season looks inevitable. Nearly Continue Reading
Oil Prices: Few Tailwinds Until Driving Season Begins
Crude oil prices are likely to remain sensitive to bearish news such as progress on the Iran nuclear deal with the United States and the latest on Covid-19 in Asia Continue Reading
Gasoline Shortages Still Lingering Post-Colonial Pipeline Hack
The gasoline shortages in America’s Southeast are shrinking, but two weeks after the Colonial Pipeline went offline due to a hack, some drivers are still finding it hard to locate Continue Reading
California Requires Most Uber And Lyft Trips To Be Electric By 2030
California adopted on Thursday a new regulation that requires rideshare companies such as Uber and Lyft to achieve zero greenhouse gas emissions and ensure 90 percent of their vehicle miles Continue Reading
Iran readies for oil sanctions relief, as Rouhani says JCPOA deal close
US, Iranian and European negotiators will convene next week for a fifth – and what they hope will be final – round of talks over reinstating the nuclear deal. Iran’s Continue Reading
Large Methane Cloud Detected Over Prolific Canadian Gas Basin
A cloud of methane was detected by satellite over a natural gas field in Canada, identifying a hidden source of pollution from one of North America’s most prolific production basins. The Continue Reading
Corporations grapple with signs of overheating US economy
The speed of the US rebound from the Covid-19 crisis has left executives, investors and economists scrambling to interpret whether labour shortages and rising prices point to a short-term economic Continue Reading
Facing Hurricane and Wildfire Seasons, FEMA Is Already Worn Out
Workers from the Federal Emergency Management Agency have been scouting shelters for the migrant children surging across the Southern border. They’ve been running coronavirus vaccination sites in Colorado, Massachusetts and Continue Reading
The Four Biggest Threats To U.S. Energy Independence
The United States’ shale revolution completely redrew the geopolitical map. The gush of cheap and plentiful shale oil and gas out of West Texas and New Mexico over the last Continue Reading
More active hurricane season than normal forecast, but less than 2020’s record
The National Hurricane Center on May 20 forecast a more active Atlantic hurricane season than normal as being most likely in 2021, but not as active as 2020’s record-setting storm Continue Reading
Weekly US coal output totals 12.3 million st, up 48.5% on year: EIA
Highlights Weekly output highest since end of January 2020 PRB production drives increase on week, on year Weekly US coal production was estimated at 12.3 million st, up 9% from Continue Reading
U.S. EPA to keep biofuel mandates steady in 2021-22 due to coronavirus -sources
The U.S. Environmental Protection Agency’s biofuel blending mandates for this year and next are likely to be in line with those of 2020 as the agency accounts for weaker fuel Continue Reading
U.S. proposes big increase in forest management to tackle wildfires
A private wild land firefighter monitors a backfire along Old Lawley Toll Road during the Glass Fire in Calistoga, California, U.S., October 2, 2020. Picture taken October 2, 2020. REUTERS/Stephen Continue Reading
The U.S. Is Not Ready For An All-Electric Future
The setting of a net-zero target by the Biden Administration was the first step toward decarbonization of the energy system and industry. But having a target is the easiest part Continue Reading
Keeping natural gas costs low key to US export success amid transition: Venture Global
Competition from coal still a factor in Asia Calcasieu Pass start-up could come by fall US liquefaction project developers’ success in advancing new projects hinges in part on their ability Continue Reading
Severe Drought, Worsened by Climate Change, Ravages the American West
ALBUQUERQUE — This year, New Mexican officials have a message for farmers who depend on irrigation water from the Rio Grande and other rivers: Unless you absolutely have to plant Continue Reading
Biden says U.S. is in race with China to build electric cars as he pitches infrastructure plans
President Biden on Tuesday cast the United States as being in an urgent race with China to build electric vehicles as he visited a plant in Dearborn, Mich., that is Continue Reading
Colonial Pipeline Still Moving Fuel Despite Disruptions to Orders System
The Colonial Pipeline’s ordering system suffered intermittent disruptions Tuesday morning, but the pipeline’s operator said it was still moving fuel through the key conduit to the East Coast. Colonial Pipeline Co. Continue Reading
U.S. gas stations still shut, prices at 7-yr high in slow recovery from cyberattack
U.S. retail gasoline prices hit seven-year highs on Monday and many filling stations in the Southeast were still without fuel, as the region slowly recovers from a cyberattack on the Continue Reading
U.S. Residential Energy Use Fell In 2020 Despite Lockdown
U.S. residential energy consumption fell by 4 percent year over year in 2020, even though more people stayed at home to work or attend school during the lockdowns last year, Continue Reading
U.S. gasoline shortage eases, but pumps dry in some areas
Gasoline shortages that have plagued the U.S. East Coast slowly eased on Sunday, with 1,000 more stations receiving supplies as the country’s largest fuel pipeline network recovered from a crippling Continue Reading
Natural Gas, America’s No. 1 Power Source, Already Has a New Challenger: Batteries
Vistra Corp. owns 36 natural-gas power plants, one of America’s largest fleets. It doesn’t plan to buy or build anymore. Instead, Vistra intends to invest more than $1 billion in solar Continue Reading
Crisis Spurs Calls to Boost and Ditch Fossil Fuels
The cyber-attack that crippled the nation’s biggest fuel pipeline this week triggered spot shortages of gasoline and a gusher of political rhetoric, with groups from across the political spectrum offering Continue Reading
Is Beef the New Coal? Climate-Friendly Eating Is on the Rise
Eleven Madison Park, a top Manhattan restaurant, is going meatless. The Epicurious cooking site stopped posting new beef recipes. The Culinary Institute of America is promoting “plant-forward” menus. Dozens of Continue Reading
Retail sales were flat in April as stimulus spending waned
Retail sales in the U.S. were flat in April after soaring in March, when many Americans received $1,400 stimulus checks that boosted spending. The report Friday from the U.S. Commerce Continue Reading
Hacking group tied to cyber attack on US pipeline said to have shut down
The criminal cyber cartel blamed for the ransomware attack on a US pipeline that caused petrol shortages for motorists this week has said it is ceasing operations, according to cyber Continue Reading
Louisiana’s Democrat Governor Urges Washington To Resume Oil Leases
Governor John Bel Edwards, the Democrat at the helm of Louisiana, has urged the federal government to resume oil and gas leases within months, the Associated Press reports , quoting Continue Reading
Massive replenishment begins to ease U.S. fuel shortages
Motorists in southeast U.S. states on Saturday continued to hunt for fuel as a massive replenishment effort took hold, helping ease shortages from a cyberattack that cut supplies from Florida Continue Reading
Granholm: Normal service at gas pump likely by late Sunday
Energy Secretary Jennifer Granholm says the nation is “over the hump” on gas shortages following a ransomware cyberattack that forced a shutdown of the nation’s largest gasoline pipeline. Problems peaked Continue Reading
Water crisis ‘couldn’t be worse’ on Oregon-California border
The water crisis along the California-Oregon border went from dire to catastrophic this week as federal regulators shut off irrigation water to farmers from a critical reservoir and said they Continue Reading
Gretchen Whitmer: Why I’m trying to shut down an underwater oil pipeline that threatens the Great Lakes
Oil and water don’t mix — especially when the latter involves the Great Lakes, the repository of more than 20 percent of the world’s freshwater. And yet for nearly 70 Continue Reading
Colonial Pipeline Initiates Restart
Colonial Pipeline initiated the restart of pipeline operations on Wednesday, the company revealed. Colonial Pipeline initiated the restart of pipeline operations on Wednesday, the company revealed. The business said it Continue Reading
Colonial Pipeline Paid Hackers Nearly $5 Million in Ransom
Colonial Pipeline Co. paid nearly $5 million to Eastern European hackers on Friday, contradicting reports earlier this week that the company had no intention of paying an extortion fee to Continue Reading
Colonial Pipeline delivering fuel to all markets following restart
Colonial online following restart late May 12 Higher rack prices reflect local shortages Will take several days to return to normalcy following restart w Colonial Pipeline is delivering fuel to Continue Reading
Biden says ‘strong reason’ to believe pipeline hackers are in Russia
Joe Biden said the US government has “strong reason” to believe the hackers behind a massive cyber attack that shut the Colonial petroleum pipeline were based in Russia, as he Continue Reading
America’s Multi-Trillion Dollar Infrastructure Security Crisis
Last Friday, a cyberattack prompted the shutdown of the biggest piece of energy infrastructure in the United States, the Colonial Pipeline system that supplies almost half of the gasoline and Continue Reading
Mexico: Russia’s Sputnik V shortages mean limited 2nd doses
Russian authorities have been having so many problems producing second doses of their Sputnik V coronavirus vaccine that Russia probably will be unable to supply enough to people who already Continue Reading
Mexico’s New Fuel Nationalization Law Hits Another Wall
A Mexican court has issued an injunction against new legislation that sought to change the rules of competition on the country’s fuel market, The Associated Press reports . The legislation, Continue Reading
U.S. Sees Less Oil Supply Through 2022 Despite Rising Prices
The U.S reduced its forecast for oil output through 2022 as drillers across the prolific shale patch pledge austerity over the allure of increasing prices. Oil explorers throughout the country will produce 20,000 Continue Reading
Gas Flowing 5 MPH Will Take Two Weeks to Reach New York Once Pipeline Is Reopened
Once Colonial Pipeline’s sprawling system is back in full operation, it will take nearly 15 days to move gasoline sitting in the Houston refining hub to the fuel-starved U.S. East Coast. Transit Continue Reading
US job openings soar to highest level on record
WASHINGTON (AP) — U.S. employers posted a record number of available jobs in March, illustrating starkly the desperation of businesses trying to find new workers as the country emerges from Continue Reading
AAA sees a huge jump in travel over Memorial Day weekend
U.S. highways will be far busier over the Memorial Day holiday weekend than last year, but traffic still won’t reach pre-pandemic levels, according to a forecast by the AAA auto Continue Reading