U.S. natural gas futures soared almost 12% to a near three-week high on Monday on expectations liquefied natural gas (LNG) exports will rise and forecasts calling for cooler weather and Continue Reading
U.S. power utility Dominion Energy and Spanish turbine maker Siemens Gamesa said on Monday they will build the first U.S. factory to make blades for offshore wind power, part of Continue Reading
Higher retail natural gas prices will be the primary driver for the expected increase in natural gas heating expenditures this winter U.S. households that primarily use natural gas for space Continue Reading
It looks like Senator Joe Manchin will stand firm in his stance against the climate change provisions in Biden’s infrastructure bill When it comes to the climate bill it looks Continue Reading
Capital discipline, hedging could limit production gains US gas production surged Oct. 25 to its highest since Hurricane Ida struck the US Gulf Coast in late August, foreshadowing a potential Continue Reading
You may find it curious that the price of oil is still above $80 a barrel. This is also why gasoline prices are at the highest levels since 2014. But, Continue Reading
Lower than usual temperatures from China to Japan will add to power demand at a time of already tight supply and high prices. Bloomberg News Waves, whipped up by a Continue Reading
Fracking fluid and oil wastewater are dumped into an unlined pit located right up against the Petroleum Highway in Kern County, California. Credit: Sarah Craig/Faces of Fracking California has a Continue Reading
The backlog of ships outside the twin ports of Los Angeles and Long Beach — America’s largest gateway for ocean freight — is poised to worsen. There’s now a record Continue Reading
A forecast for a developing drought in the U.S. southern Plains is the latest threat to dwindling world wheat supplies. Hard red winter wheat, a bright spot this year compared Continue Reading
One type of crude from America’s most prolific shale patch is having its moment, riding on the coattails of the global winter fuels crunch that has caused massive price rallies. Continue Reading
Northern California residents relieved that this week’s rain helped contain stubborn wildfires and soaked dry gardens were cleaning up Friday and preparing for a massive storm this weekend that could Continue Reading
Stockpiles at the biggest U.S. crude depot are quickly approaching critically low levels. The last time that happened, crude cost more than $100 a barrel. The storage tanks in Cushing, Continue Reading
The Biden administration on Friday took a procedural step towards holding an auction for oil and gas drilling rights in the Cook Inlet off the coast of Alaska next year. Continue Reading
The only gas station in Gorda Springs, California, population ~100, is now selling premium gasoline for $8.50 per gallon amid one of the most jarring energy crises in history. The Continue Reading
Top executives from Exxon Mobil Corp, BP America, Chevron Corp, and Shell Oil will testify on Oct. 28 at a congressional hearing examining whether the fossil fuel industry led an Continue Reading
After years of advocacy by frontline communities, California may finally be on the way to implementing a key health and safety regulation to protect communities living near oil and gas Continue Reading
California Governor Gavin Newsom on Thursday unveiled a plan to ban new permitting of oil wells within 3,200 feet (975 meters) of communities, calling it a move that will both Continue Reading
Back in April 2020, the landlocked West Texas Intermediate crude oil price briefly crashed into negative territory – a stunning turn of events that cost traders massive losses – when Continue Reading
U.S. crude and fuel inventories tightened further last week, as supplies of gasoline hit a two-year low and inventories at the largest U.S. commercial storage hub dropped to a three-year Continue Reading
Nuclear power is the only truly low-emissions electric power generating source that could work on today’s power grid Small modular reactors have gained plenty of traction lately as a potential Continue Reading
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
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
