Senate Majority Leader Chuck Schumer and West Virginia Senator Joe Manchin released the outline of a tax, climate and health care deal on Wednesday, in what could prove to be Continue Reading
The $369 billion climate and tax package forged in a surprise deal by Senate Democrats on Wednesday would be the most ambitious action ever taken by the United States to try to Continue Reading
New York Governor Kathy Hochul July 27 announced the release of the state’s third competitive offshore wind solicitation, seeking an incremental 2 GW of offshore wind power capacity to help Continue Reading
US natural gas futures are surging toward the biggest monthly gain on record, buoyed by scorching weather and the expiration of August options. Gas has jumped more than 65% in Continue Reading
Renewable power generation was lower than its potential through Texas’ brutal heatwave, adding further strain to the already-battered ERCOT power grid. The grid saw record electricity demand as Texans cranked Continue Reading
The American Petroleum Institute (API) reported a large draw this week for crude oil of 4.037 million barrels, while analysts predicted a draw of 1.121 million barrels. The build comes Continue Reading
The Biden administration on Tuesday said it will sell an additional 20 million barrels of oil from the Strategic Petroleum Reserve as part of a previous plan to tap the Continue Reading
The United States became the top liquefied natural gas (LNG) exporter in the first half of 2022, the Energy Information Administration (EIA) said, citing data from CEDIGAZ, as the country Continue Reading
Americans are driving less, combining errands and shopping or dining out less since gasoline prices rallied in March, according to a survey by auto club AAA. A survey of 1,002 Continue Reading
The spread between Brent crude oil prices and West Texas Intermediate (WTI) hit its widest level in over three years on Monday, with WTI down more than $8 compared to Continue Reading
