Ukraine Crisis Could Send Gasoline Prices To $4
Gasbuddy: The average price per gallon of gasoline reached $3.57 as of Friday, The gas price increase to $4 could happen in the next few weeks, according to analysts. Fighting Continue Reading
Gas supply concerns in Europe put US at center stage as flexible LNG supplier
US LNG exports at full tilt in 2022, averaging 12.4 Bcf/d Demand from European utilities ups US FID prospects Domestic, global demand fail to trigger US production As Western Europe Continue Reading
US West wildfire season to see continued drought, high temperatures fuel flames: Accuweather
Wildfire season has lengthened to nearly year-round Southern California major fires have decreased Dry start to 2022 increasing drought outlook The lack of moisture at the start of the year Continue Reading
California passes 1M mark for cumulative sales of electric vehicles: BEVs, PHEVs and FCEVs
California surpassed 1 million electric vehicles (1,054,095 units)—battery-electric, plug-in hybrid, and fuel-cell electric—sold cumulatively through the 4 th quarter of 2021, according to the California Energy Commission (CEC), making it Continue Reading
Energy Transition Accelerating Faster Than Ever, Industry Says
Energy industry leaders believe the energy transition is accelerating faster than ever with 2022 set to be a strong year for industry growth. Energy professionals revealed that energy industry leaders Continue Reading
Oil Rally Cools as U.S. Spares Russian Supplies From Sanctions
U.S. coordinating with other nations on potential release WTI trading at $93, falling from its highs of $100 a barrel Oil Market Implications of Russia’s Attack on Ukraine Oil pared Continue Reading
Soaring oil prices could constrain the ability of US to crack down on Putin
Efforts by the US to inflict economic pain on Russia in retaliation for its invasion of Ukraine could be hamstrung if sanctions drive an increase in energy prices. The US Continue Reading
U.S. crude stockpiles rise, fuel inventories fall -EIA
U.S. crude stockpiles rose sharply, while gasoline and distillate inventories fell last week, the Energy Information Administration said on Thursday. Crude inventories (USOILC=ECI) rose by 4.5 million barrels in the Continue Reading
Wind power companies bid more than $3bn for acres in Atlantic near New York
The US’s biggest offshore wind lease sale has attracted record bids of more than $3bn as renewable energy developers compete to secure a prime location to install turbines. The US Continue Reading
Central Appalachia coal production surges to nine-year high: EIA
Highlights Total US production hits two-year high Long-term price gains encourage production growth: Platts Analytics Central Appalachia weekly coal production surged to the highest level in over nine years, according Continue Reading