Yemen’s Houthi group said on Saturday it was suspending missile and drone strikes on Saudi Arabia for three days, in a peace initiative it said could be a lasting commitment if the Saudi-led coalition fighting […]
At the end of 2021, the United States had 4,605 megawatts (MW) of operational utility-scale battery storage power capacity, according to our latest Preliminary Monthly Electric Generator Inventory. Power capacity refers to the greatest amount […]
March 25, 2022 Source: U.S. Energy Information Administration, Annual Electric Generator Report At the end of 2021, the United States had 4,605 megawatts (MW) of operational utility-scale battery storage power capacity, according to […]
In our Annual Energy Outlook 2022 (AEO2022) Reference case, which reflects current laws and regulations, we project that renewable diesel supply (domestic production and net imports) will exceed biodiesel supply in the near term. We […]
March 24, 2022 Source: U.S. Energy Information Administration, Annual Energy Outlook 2022 (AEO2022) In our Annual Energy Outlook 2022 (AEO2022) Reference case, which reflects current laws and regulations, we project that renewable diesel […]
A sustained halt in Russian energy exports could have a dire effect on the global economy, a report from the Federal Reserve Bank of Dallas said on Tuesday. “If the bulk of Russian energy exports […]
On March 21, the U.S. regular retail gasoline price across all formulations (conventional and reformulated) averaged $4.24 per gallon (gal), and the U.S. on-highway retail diesel fuel price averaged $5.13/gal. Retail gasoline prices peaked in […]
March 23, 2022 Source: U.S. Energy Information Administration, Gasoline and Diesel Fuel Update On March 21, the U.S. regular retail gasoline price across all formulations (conventional and reformulated) averaged $4.24 per gallon (gal), […]
Oil demand is growing, and is expected to outpace pre-pandemic levels this year, according to global energy trading giant Vitol, which sees oil demand growth continuing to grow over the next decade. Meanwhile, however, limited […]
Saudi Arabia’s state oil company Aramco, under pressure from the West to boost output amid soaring prices, pledged on Sunday to hike investments by around 50% this year as it reported a doubling in 2021 […]
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