President Biden on Wednesday helped christen a General Motors factory that manufactures electric vehicles, zipping around in a battery-powered Hummer to highlight a transition to energy-efficient cars and trucks that Continue Reading
U.S. power reliability regulators on Tuesday recommended electric grids strengthen cold weather rules and coordinate with the natural gas industry to prevent a recurrence of the February freeze that left Continue Reading
The U.S. Interior Department on Wednesday will auction vast oil and gas reserves in the Gulf of Mexico estimated to hold up to 1.1 billion barrels of crude, the first Continue Reading
The California Energy Commission (CEC) has approved a three-year $1.4 billion plan to help California achieve its electric vehicle charging and hydrogen refueling goals. The CEC said the plan, approved Continue Reading
To see just how tight the New York gasoline market is take a look at the nation’s largest fuel pipeline. The value for space on the Colonial Pipeline’s main gasoline Continue Reading
The average price of gasoline is already above $4 a gallon in California and Hawaii. U.S. retail gasoline prices are poised to average more than $4 a gallon in three Continue Reading
U.S. President Joe Biden on Monday announced a step toward prohibiting oil and gas development outside the boundaries of the Chaco Culture National Historical Park as part of a Native Continue Reading
Parts of the Pacific Northwest and British Columbia can’t catch a break. Atmospheric rivers, or plumes of deep tropical moisture, have brought excessive rainfall, flooding and mudslides over the past Continue Reading
Covid-19 cases are climbing in places like the upper Midwest, Southwest and parts of the Northeast, hindering the nation’s progress in ending a surge triggered by the highly contagious Delta variant of Continue Reading
It’s just 60 miles from El Dorado Dairy in Ontario, Calif., to the nation’s largest container port in Los Angeles. But the farm is having little luck getting its products Continue Reading
President Biden is in a tight spot when it comes to energy The White House continues to face critique from both environmentalists and the oil and gas industry If energy Continue Reading
An unprecedented number of Americans quit their jobs in September, highlighting how persistent churn is undercutting employers’ efforts to fill a near-record level of vacancies. A record 4.4 million Americans Continue Reading
Maersk CEO Sees Tight Global Shipping Markets Into 2022 Supply Lines is a daily newsletter that tracks trade and supply chains disrupted by the pandemic. Sign up here . The Continue Reading
A joint China-U.S. declaration on climate change is a political reset to a time when the world’s two biggest carbon emitters reached the brief meeting of minds that helped forge Continue Reading
It took more than 30 meetings over the course of a year to iron out one thing that the US and China can still agree about: fighting climate change. John Continue Reading
U.S. merchant oil refiners like Monroe Energy and PBF Energy Inc (PBF.N) are playing chicken with the White House, taking moves in the biofuels credit market that could force them Continue Reading
The contagious delta variant is driving up COVID-19 hospitalizations in the Mountain West and fueling disruptive outbreaks in the North, a worrisome sign of what could be ahead this winter Continue Reading
This winter is expected to be a rough one, and it could create a significant increase in power demand. Texas’ grid meltdown last year was a wakeup call to the Continue Reading
US natural gas production continues to surge this month, hitting fresh 19-month highs recently propelled by gains in output across Appalachia, the Haynesville Shale and the Permian Basin. Not registered? Continue Reading
Gasoline prices in California have reached fever pitch, hitting their highest prices ever recorded, according to data from Gas Buddy. Average prices hit $4.68 per gallon today in California, beating Continue Reading
The United States and China, the world’s two largest emitters of carbon dioxide, unveiled a deal to ramp up cooperation tackling climate change, including by reducing methane emissions, protecting forests Continue Reading
The United States and China, the world’s two largest emitters of carbon dioxide, unveiled a deal to ramp up cooperation tackling climate change, including by cutting methane emissions, phasing out Continue Reading
The U.S. and China pledged to work together on climate this decade, giving a jolt to the COP26 talks that are in their homestretch. A chorus of experts and officials Continue Reading
China’s top climate change envoy, Xie Zhenhua, apologized as he entered late for a weekend meeting at the United Nations climate summit. “We have quite busy schedules,” Mr. Xie said, Continue Reading
Protesters around the globe have been demanding firmer commitments from world leaders on climate change Activists and politicians have cautiously welcomed an unexpected US-China declaration that vowed to boost climate Continue Reading
U.S. consumer prices accelerated in October as Americans paid more for gasoline and food, leading to the biggest annual gain in 31 years, more signs that inflation could stay uncomfortably Continue Reading
U.S. inflation hit a three-decade high in October, delivering widespread and sizable price increases to households for everything from groceries to cars due to persistent supply shortages and strong consumer Continue Reading
U.S. crude oil refinery inputs averaged 15.4 million barrels per day during the week ending November 5, 2021 which was 343,000 barrels per day more than the previous week’s average. Continue Reading
Eleven Democratic senators, including several known for their concerns on climate change, urged Biden in a letter this week to act quickly. President Joe Biden faces growing pressure from fellow Continue Reading
President Joe Biden’s administration is targeting one of the tougher sources of climate-warming greenhouse gases with a plan that calls for the U.S. aviation sector to reach net-zero emissions by Continue Reading
Forecast Highlights Global liquid fuels The November Short-Term Energy Outlook (STEO) remains subject to heightened levels of uncertainty related to the ongoing recovery from the COVID-19 pandemic. U.S. gross domestic product (GDP) Continue Reading
Biden’s Infrastructure Bill is often painted as being anti-fossil fuels, but the truth is that the bill will provide a major boost to the oil and gas industry With plenty Continue Reading
The Automotive Monthly Metals Index (MMI) ticked up by 4.2% for this month’s reading. Ford Motor Co. reported total U.S. sales of 175,918 vehicles in October. The October total sales Continue Reading
Rystad Energy’s senior oil markets analyst examines the situation. If the U.S. doesn’t get OPEC+ to respond to its pledge for more output, it has its own arsenal of tools Continue Reading
U.S. food banks already dealing with increased demand from families sidelined by the pandemic now face a new challenge — surging food prices and supply chain issues walloping the nation. Continue Reading
John Kerry, the U.S. special envoy for climate, predicted the world’s biggest economy will stop burning coal by the end of the decade. “By 2030 in the United States, we Continue Reading
The Biden Administration is considering tapping the Strategic Petroleum Reserve as a potential tool to bring down the gasoline prices Selling millions of barrels from the SPR may do precious Continue Reading
The U.S. has been fighting a rearguard action against Iran cementing its influence in Iraq for almost two decades Aramco, is in talks with Iraq’s various ministries for billions of Continue Reading
With consumers already dealing with the fastest price increases in decades, another unwelcome uptick is on the horizon: a widely expected increase in winter heating bills. After plunging during the Continue Reading
Funds for clean energy, a national network of electric vehicle chargers, grid upgrades, and zero-emission buses are part of the $1-trillion Bipartisan Infrastructure Deal that Congress passed this weekend. The Continue Reading
U.S. President Joe Biden could announce measures to address high gasoline prices as soon as this week, U.S. Energy Secretary Jennifer Granholm told MSNBC in an interview on Monday. “Hopefully Continue Reading
Record American natural gas exports amid sluggish domestic production growth have raised prices for the fuel The U.S. benchmark price Henry Hub has more than doubled since the beginning of Continue Reading
California truckers face the nation’s highest diesel prices Spot market CARB diesel hovers near late-2014 prices Spot diesel prices are hovering near 2014 highs across major US trading regions, while Continue Reading
Shell restarted production at its Mars and Ursa platforms, bringing the last of its operated assets in the U.S. Gulf of Mexico online. Supermajor Shell has restarted production at its Continue Reading
Demand for liquefied natural gas (LNG) has never been higher, but developers in North America are headed into the final weeks of the year without having approved one new project Continue Reading
Highlights 17½ year agreement linked to Henry Hub, plus fixed fee Venture Global also has been active on the commercial front China’s Sinochem has agreed to buy as much as Continue Reading
U.S. employment increased more than expected in October as the headwind from the surge in COVID-19 infections over the summer subsided, offering more evidence that economic activity was regaining momentum Continue Reading
The U.S. labor market sprang back to life in October after a summer slowdown, with employers briskly adding jobs and nearly 200,000 women joining the labor force. The economy churned Continue Reading
The American economy added 531,000 jobs in October, the Labor Department said Friday , a sharp rebound from the previous month and a sign that employers are feeling more optimistic Continue Reading
Pfizer announced on Friday that its pill to treat Covid-19 had been found in a key clinical trial to be highly effective at preventing severe illness among at-risk people who received the Continue Reading
