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Home2022

Year: 2022

UK
Finance

Firewood Sales To Increase 20% In The UK For Winter Heat The Daily Financial Trends

August 24, 2022 Mariel Alumit

The energy sector has proven to be one of the few areas that has escaped the declines in the markets. For small businesses in the UK, one area which is turning out to be highly […]

Finance

Oil Rebounds Off Lows On Saudi Statement On Cutting Production If Needed The Daily Financial Trends

August 24, 2022 Mariel Alumit

Oil prices rebounded off session lows to trade flat. Rumors of a pending Iran deal which would return presently sanctioned  Iranian supplies to the market drove prices down. But then a warning from Saudi Arabia […]

Democrats
Industry Insights

Democrats Soak U.S. Taxpayers $430+ Billions so World’s CO2 can Climb 2+ Billion Tons by 2030

August 24, 2022 Mariel Alumit

​ Guest essay by Larry Hamlin In what has to be one of the most outlandish and expensive energy and emissions misrepresentations in U.S. history the energy and climate alarmist globally clueless Democrats have passed […]

Henry Hub
Finance

USA Henry Hub Gas Prices Climb to Record High

August 24, 2022 Mariel Alumit

U.S. Henry Hub prices have climbed to a record high, Rystad Energy analyst Lu Ming Pang highlighted in a market note sent to Rigzone on Wednesday. The commodity almost hit the $10 per MMbtu mark […]

Freeport LNG
LNG

Freeport LNG partial restart delayed to November from previous October target

August 24, 2022 Mariel Alumit

Freeport LNG has delayed its target for partial restart by about a month as it works to complete repairs following a June explosion and fire that shut down the Texas liquefaction facility, the company said […]

UK
Crude Oil News

UK Offshore Drillers Could Go On Strike If Pay Conditions Are Not Me

August 24, 2022 Mariel Alumit

UK workers’ union Unite has started a ballot for over 300 offshore drilling and contract maintenance workers covered by the United Kingdom Drilling Contractors Association (UKDCA) on strike action. The ballot opened on August 22 and […]

America
Coal

America has enough coal to last for 1,000 years

August 24, 2022 Mariel Alumit

The most important technological improvement in U.S. coal mining during the past 50 years was the application of long-wall mining, according to sources in the West Virginia Coal Industry. For long-walls, the average number of tons produced per […]

Gazprom’s
Geopolitical

EU Supply Jitters Return on New Nord Stream Shutdown

August 24, 2022 Mariel Alumit

Gazprom’s recently announced unplanned three-day shutdown of the Nord Stream gas pipeline next week sent European natural gas prices to new highs as supply concerns returned in full. The new Russian gas curtailment to Germany […]

Finance

Wayfair To Layoff 5% Of Workforce The Daily Financial Trends

August 24, 2022 Mariel Alumit

Reuters is reporting Wayfair will cut 870 jobs, among them approximately 400 in Boston, as part of a 5% cut of its global workforce. Niraj Shah, Wayfair CEO and co-founder, said in a memo, “We […]

U.S. electricity
EIA News

Daily U.S. electricity generation from natural gas hit a record in mid-July

August 24, 2022 Mariel Alumit

August 23, 2022 Data source: U.S. Energy Information Administration, Hourly Electric Grid Monitor Note: We adjusted values for previous years to align weekdays and weekends. In the U.S. Lower 48 states, electric power generated by […]

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