Futures Market Shows Tight U.S. Gasoline Supply Ahead
On top of $90 oil prices, the futures market also points to further pain at the pump for American consumers. Gasoline futures at NYMEX are trading at their highest premium Continue Reading
U.S. Natural Gas Prices Climb Most Ever In Single Day
U.S. natural gas futures surged 72% just ahead of expiration of the February contract The huge spike in the February contract is a clear sign that bearish bets were being Continue Reading
US coal generation share falls to 18-month low in November: EIA
Highlights Coal capacity factor drops to 39.1% Stocks at 21-year low for corresponding month Subbituminous days of burn flat to five-year average Power sector coal stockpiles were 32.3% lower at Continue Reading
US vows to block Nord Stream 2 pipeline if Russia invades Ukraine
Highlights Pipeline will be part of sanctions response: Germany Russia-Ukraine standoff roils global energy markets The US will block the startup of the Nord Stream 2 gas pipeline to Germany Continue Reading
US solar energy boom ‘stuck’ as industry confronts obstacles
A US solar power boom is at risk of stalling just as the country needs a surge in clean energy projects to meet its goals to strip carbon from electricity Continue Reading
Biden Desperately Needs To Bring Oil Prices Down
Former energy advisor Bob McNally once said, “Few things terrify an American president more than a spike in fuel [gasoline] prices.” U.S. President Joe Biden is grappling with the task Continue Reading
The U.S. Is Preparing European Gas Markets For A Russian Invasion
The U.S. administration is in talks with energy companies and natural gas-producing nations to protect European markets from a shortage. Russia supplies over one-third of the continent’s natural gas and Continue Reading
U.S. Food Supply Is Under Pressure, From Plants to Store Shelves
The U.S. food system is under renewed strain as Covid-19’s Omicron variant stretches workforces from processing plants to grocery stores, leaving gaps on supermarket shelves. In Arizona, one in 10 processing plant Continue Reading
Biden Weighs Deploying Thousands of Troops to Eastern Europe and Baltics – The New York Times
President Biden is considering deploying several thousand U.S. troops, as well as warships and aircraft, to NATO allies in the Baltics and Eastern Europe, an expansion of American military involvement Continue Reading
U.S. threatens use of novel export control to damage Russia’s strategic industries if Moscow invades Ukraine
The Biden administration is threatening to use a novel export control to damage strategic Russian industries, from artificial intelligence and quantum computing to civilian aerospace, if Moscow invades Ukraine, administration Continue Reading