Is The U.S. Still A Swing Producer Of Oil?
Less than two years ago, the U.S. was the new major swing producer in global oil markets, but the pandemic has upended its status Despite rising costs and the increasing Continue Reading
Why U.S. LNG Is Going To Asia Instead Of Europe
Most American gas has been going to Asia, where buyers have been more generous with prices. U.S. LNG has never been particularly competitive in most of Europe because of the Continue Reading
Methane Plume Above New Mexico Gas Wells Spotted From Space
A large cloud of planet-warming methane was detected in the natural gas-rich San Juan Basin in New Mexico by geoanalytics company Kayrros SAS. A large number of gas companies operate Continue Reading
California to Ban Sales of Gas-Powered Leaf Blowers and Lawn Mowers
California will become the first state to ban the sale of gas-powered leaf blowers and lawn mowers under legislation signed by Gov. Gavin Newsom. The Democrat also on Saturday signed Continue Reading
Will The U.S. Be Spared From The Global Energy Crisis?
U.S. natural gas prices do have more room to rise, but they are unlikely to follow the skyrocketing rallies of the European and UK gas prices. The United States has Continue Reading
U.S. Likely to Ask OPEC for More Oil Supplies, Yergin Says
The U.S. is likely to ask OPEC member states to pump more crude to help ease a surge in energy prices, according to oil historian Daniel Yergin. “Joe Biden knows Continue Reading
An Empire of Dying Wells
Outside of hunting season, few people visit the Tri-Valley Wildlife Area in the rolling hills of southeast Ohio. When a couple of Bloomberg Green reporters showed up on a muggy Continue Reading
Hydropower Decline Adds Strain to Power Grids in Drought
after water levels at a California dam fell to historic lows this summer, the main hydropower plant it feeds was shut down. At the Hoover Dam in Nevada — one Continue Reading
‘It’s Not Sustainable’: What America’s Port Crisis Looks Like Up Close
Like toy blocks hurled from the heavens, nearly 80,000 shipping containers are stacked in various configurations at the Port of Savannah — 50 percent more than usual. The steel boxes Continue Reading
Goldman Cuts U.S. Growth Forecasts
Goldman Sachs Group Inc. economists cut their forecasts for U.S. growth this year and next, blaming a delayed recovery in consumer spending. Goldman’s team, led by Jan Hatzius, said in Continue Reading