The Electric Reliability Council of Texas on Feb. 18 authorized utilities to end rolling blackouts, despite more than 40 GW of generation remaining offline as a result of wintry weather, Continue Reading
Freezing weather that interrupted gas supplies in the southern United States and Mexico was wreaking havoc on Thursday with car manufacturing plants on both sides of the border, with Ford Continue Reading
There’s a saying among energy wonks about the Federal Energy Regulatory Commission: It’s never seen a pipeline it didn’t like . But the commission’s new chair could make that adage Continue Reading
For the Republicans who have run Texas state government for years, trying to undermine the Democrats who lead the state’s largest cities has been a blood sport for years. They Continue Reading
Fracking in America’s biggest shale basins has gone dark as 70% of U.S. completion crews wait for an historic freeze to thaw out before they can return to work. Texas’s Permian Continue Reading
Olin: FM declared Feb. 16 on US chlorine, caustic soda, ethylene dichloride, epoxy, hydrochloric acid and other products produced at its Freeport, Texas, complex. OxyChem: FM declared Feb. 15 on Continue Reading
Most of the projected 3 million b/d-4 million b/d of downed US crude oil production, which went offline after power failed and wellheads froze from brutally low temperatures and ice Continue Reading
The pace of Covid-19 deaths will drop sharply in the next four weeks, according to a new forecast that shows a brutal wave of cases ebbing and the U.S. plodding Continue Reading
US crude inventories likely continued to fall in the week ended Feb. 12, as refinery runs were stable while crude exports climbed, analysts surveyed by S&P Global Platts said Feb. Continue Reading
The pace of Covid-19 deaths will drop sharply in the next four weeks, according to a new forecast that shows a brutal wave of cases ebbing and the U.S. plodding Continue Reading
Iran said an attempt by the U.S. government to seize 2 million barrels of oil aboard a Greek-owned tanker was “an act of piracy,” as tensions between Washington and the Continue Reading
Some of the climate impacts of a grocery store trip are obvious, like the fuel it takes to get there and the electricity that keeps its lights glowing, conveyor belts Continue Reading
Over 2.5 million households in seven northern Mexican states were left without power as the winter storm that hit Texas over the weekend lowered the amount of natural gas available Continue Reading
In a surprise move, President Biden has withdrawn U.S. support for a Saudi-led military campaign against Houthi rebels in war-torn Yemen, describing the country’s bitter civil war as a humanitarian Continue Reading
China is exploring whether it can hurt U.S. defense contractors by limiting supplies of rare-earth minerals that are critical to the industry, the Financial Times reported. Industry executives said government Continue Reading
China is exploring limiting the export of rare earth minerals that are crucial for the manufacture of American F-35 fighter jets and other sophisticated weaponry, according to people involved in Continue Reading
A brutal polar vortex has paralyzed much of Texas. Three million people are left without power as an extreme cold snap sends power demand to record highs . Energy infrastructure, Continue Reading
Blackouts triggered by frigid weather are spreading across the central U.S. and into Mexico in a deepening energy crisis that has already crippled the Texas power grid. After more than Continue Reading
Nobel laureate Joseph Stiglitz and Lord Nicholas Stern published a paper on Monday excoriating the U.S. government—and many of their own peers in economics—for methods used to estimate the cost of Continue Reading
Newly reported coronavirus infections in the United States continued their steep drop, with about 56,000 new cases reported Monday, although that number is probably artificially low due to the holiday. However, Continue Reading
The Bureau of Ocean Energy Management (BOEM) has rescinded the Record of Decision for the oil and gas lease Gulf of Mexico planned for March, effectively canceling this auction as Continue Reading
A rare deep freeze in Texas that raised demand for power forced the U.S. state’s electric grid operator on Monday to impose rotating blackouts that left nearly 3 million customers Continue Reading
A rare deep freeze in Texas that raised demand for power forced the U.S. state’s electric grid operator on Monday to impose rotating blackouts that left nearly 3 million customers Continue Reading
The U-turn of the U.S. Administration’s energy policies under President Joe Biden sets the stage for a flourishing U.S. offshore wind industry, as the federal government looks to speed up Continue Reading
Rotating power outages were put into force in Texas as the state’s electricity grid operator grappled with surging demand amid a bitter arctic chill. The Electric Reliability Council of Texas, the Continue Reading
In recent weeks, U.S. coronavirus case data — long a closely-watched barometer of the pandemic’s severity — has sent some encouraging signals: The rate of newly recorded infections is plummeting Continue Reading
Southwest Power Pool has declared an Energy Emergency Alert Level 1 and is seeking energy conservation through Feb. 16 as extreme cold weather hits the regions. Receive daily email alerts, Continue Reading
The Biden administration indicated Friday it will not try to resurrect the Clean Power Plan, a controversial Obama-era policy that set climate pollution targets for every state’s electricity sector and Continue Reading
Treasury Secretary Janet Yellen plans to wield the department’s broad powers to tackle potential risks to the financial system posed by climate change while pushing tax incentives to reduce carbon emissions. Continue Reading
Oil storage locations across the Americas are emptying as the remarkable rally in crude prices undermines the need to buy and stockpile barrels. Tank owners were one of the few Continue Reading
Economists are ratcheting up their projections for U.S. growth this year as Congress moves closer to another large financial support package, while the recovery in much of Europe is expected to Continue Reading
The Interior Department said Friday that it is postponing onshore and offshore oil lease sales planned for next month in line with President Joe Biden’s executive order on climate change. Continue Reading
The United States has completed the sale of 1.116 million barrels of gasoline that Iran tried to ship to Venezuela last year, U.S. Department of Justice spokesman Marc Raimondi told Continue Reading
Last week’s draw from US working natural gas in storage proved strong enough to reduce the year-on-year surplus to a deficit while the possibility for the largest weekly draw ever Continue Reading
Weekly US coal production fell to 10.89 million st in the week ended Feb. 6, down 2.3% from a week earlier and 7.1% lower than the year-ago week, according to Continue Reading
President Joe Biden promised U.S. senators from both major parties on Thursday to work together to modernize aging U.S. infrastructure, after his predecessor Donald Trump failed to win approval for Continue Reading
President Biden touring a lab at the National Institutes of Health on Thursday.Credit…Pete Marovich for The New York Times The Biden administration says it has now secured enough vaccine to Continue Reading
The U.S. International Trade Commission is throwing a wrench into President Biden’s electric vehicle plans, restricting a major battery manufacturer from importing some of the hardware at the heart of Continue Reading
The Midcontinent led the surge in US gas prices in Feb. 11 trading as a sharp rise in heating demand met with regional production freeze-offs, significantly tightening balances across the Continue Reading
The number of Americans seeking unemployment benefits fell slightly last week to 793,000, evidence that job cuts remain high despite a substantial decline in new confirmed viral infections. Last week’s Continue Reading
President Biden plans to nominate David Turk, a former Obama administration official, as his deputy energy secretary. If confirmed by the Senate, Turk will bring years of experience working on Continue Reading
General Motors Co on Wednesday said the global semiconductor chip shortage could shave up to $2 billion from 2021 profit, but the U.S. automaker’s highly profitable big pickups and SUVs Continue Reading
United Airlines wants to fly you to the airport. United Airlines Holdings Inc. said Wednesday that it plans to buy up to 200 flying taxis from an electric aircraft startup, Continue Reading
Total US propane product supplied reached the highest level in recorded history by gaining 714,000 b/d in the week ending Feb. 5, Energy Information Administration data showed Feb. 10. Not Continue Reading
Forecast Highlights The February Short-Term Energy Outlook (STEO) remains subject to heightened levels of uncertainty because responses to COVID-19 continue to evolve. Reduced economic activity related to the COVID-19 pandemic has caused Continue Reading
The US Energy Information Administration revised its crude price forecast higher in its monthly Short-Term Energy Outlook released Feb. 9 amid tightened first quarter supply outlooks. The EIA now expects Continue Reading
The US is estimated to produce 589.2 million st of coal in 2021, the Energy Information Administration said in a Feb. 9 report, lowering its monthly estimate for the third Continue Reading
General Motors Co said on Tuesday it was extending production cuts at three North American plants until at least mid-March due to the global semiconductor chip shortage, while vehicles at Continue Reading
The new Biden Administration has largely been focused on fulfilling its election promises in its first month in power. After reversing an extensive list of Trump policies via executive orders, Continue Reading
Federal officials are considering whether to require airline passengers to have a negative coronavirus test before boarding domestic flights, according to Transportation Secretary Pete Buttigieg. Proof of a negative test result is Continue Reading
