California, Long Leery of Nuclear Power, Joins Bid to Save It
The push to make nuclear power a key tool to fight climate change is getting a boost from one of the most unlikely places on Earth: California. The state, birthplace of Continue Reading
Gas prices are a ‘major factor’ in summer vacation plans, poll finds
A majority of Americans say they are likely to travel for summer vacation this year, but high prices for gas, hotels and flights are weighing on those plans, a Washington Post-Schar Continue Reading
Northeast heat, early-season demand adds to region’s gas inventory burden
Highlights 90s F forecast from mid-Atlantic to Massachusetts Northeast power burns to top 9 Bcf/d in early June Northeast inventory deficit grows in May to 85 Bcf An early-season heat Continue Reading
Up To 6 Major Atlantic Hurricanes Forecasted For 2022
Atlantic weather systems have severely affected oil and gas operations in the past. Forecasters at NOAA’s Climate Prediction Center, a division of the National Weather Service, are predicting above average Continue Reading
TotalEnergies agrees to buy 50% of U.S. renewables company Clearway
TotalEnergies (TTEF.PA) said on Wednesday it has agreed to buy 50% of Clearway Energy Group, the fifth-largest renewables company in the United States, marking the French group’s largest U.S renewables Continue Reading
Oil Climbs as Report Shows Tightening US Gasoline Stockpiles
IEA’s Birol Says Oil Prices May Rise Further Oil rose after a two-day decline as an industry report showed US gasoline stockpiles shrunk further ahead of the summer driving season Continue Reading
EIA US natural gas storage report likely to post widest deficit yet for 2022
Survey predicts 87 Bcf build in the week ended May 20 Storage deficit would widen further to 320 Bcf NYMEX gas futures rally, trading near $9/MMBtu US natural gas in Continue Reading
US NOAA sees above-average Atlantic hurricane season with up to six major hurricanes
Risks to production, refining, exports, ports NOAA predicts up to 21 named storms 2021 season was the third-most active US energy and commodity markets are set for another busy Atlantic Continue Reading
Nowhere to Go But Up?
The national average for a gallon of gas has not fallen for nearly a month. Gasoline has either remained flat or risen every day since April 24 and has set Continue Reading
The Average Age of Vehicles on U.S. Roadways Hits a Record 12.2 Years
The average age of vehicles on U.S. roadways edged higher in 2021, hitting a record of 12.2 years, as Americans challenged by high car prices and slim pickings on dealer Continue Reading