Lake Powell water supply forecast at 59% of normal Lower Colorado River Basin ranges from 58% to 97% June on-peak power forwards reach package highs May 5 Southwestern snowpack levels Continue Reading
California’s milestone of meeting 99.87pct of its electricity demand only via renewables was impressive but it was only for a brief spell. On the last day of April, California hit Continue Reading
The United States announced a record-sized release of emergency crude oil reserves in March without consulting partners in the International Energy Agency, leaving them scrambling to match with releases of Continue Reading
Power grids are feeling the strain as the U.S. moves away from conventional power plants. From California to Texas to Indiana, electric-grid operators are warning that power-generating capacity is struggling Continue Reading
U.S. Senate Judicial Committee passed the NOPEC bill on Thursday. Washington ups the ante on former Middle East allies. The NOPEC bill could have serious consequences for OPEC as a Continue Reading
U.S. gas prices have surged to the highest level in real terms since the financial crisis in 2008 as strong demand for LNG from buyers in Europe and Asia puts Continue Reading
Gasoline futures in New York settled at a record high on Friday, three weeks before the start of the U.S. summer driving season. At $3.76 a gallon, the futures are Continue Reading
Employers are trying to hire from an unusually tight pool of workers available. Former Treasury Secretary Lawrence Summers discusses the Federal Reserve’s policy meeting and the outlook for U.S. growth Continue Reading
California energy officials on Friday issued a sober forecast for the state’s electrical grid, saying it lacks sufficient capacity to keep the lights on this summer and beyond if heatwaves, Continue Reading
US stocks have suffered the worst streak of weekly losses in more than a decade after days of tumultuous trading surrounding the Federal Reserve’s decision to raise interest rates by Continue Reading
