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Home2024November

Month: November 2024

Price
Finance

Household Debt, Delinquencies, Collections, Foreclosures, and Bankruptcies: Our Drunken Sailors and their Debts in Q3 2024

November 13, 2024

As a growing population financed more costly purchases, total debt rose. But income rose even faster in recent quarters.

Price
Finance

Beneath the Skin of CPI Inflation: Overall CPI Accelerates for 4th Month, “Core” CPI for 3rd Month on Re-spiking Used Vehicle Prices & Rising Homeowner Costs

November 13, 2024

Year-over-year, CPI and “core” CPI are starting to show the effects of the month-to-month increases since the “inflation is vanquished” summer.

EnergyNews

As Rhode Island considers future of gas, advocates call for ‘realism’ on cost, availability of RNG

November 13, 2024 Mariel Alumit

  As a state committee studies ways to wean Rhode Island off of natural gas, several of its members want the group’s final report to dismiss one potential pathway as wholly unrealistic. Switching to renewable […]

Crude Oil News

“I couldn’t be more thrilled by president-elect Donald Trump’s victory,” said Continental Resources founder Harold Hamm.

November 13, 2024 Clark Savage

The FT writes, US oil execs are eagerly awaiting Trump’s expected rollback of environmental regulations, but despite the president’s pledge to “drill, baby, drill,” production is unlikely to increase significantly during his second term in […]

Electrical Generation / Utilities

Poland Urgently Needs New Gas Power Stations, Grid Operator Warnsn

November 13, 2024 Clark Savage

Country sees power supply shortage at 4.2 gigawatts in 2026 Poland needs its coal power stations operating for longer: PSE Poland urgently needs to build new gas-fueled power stations and keep its coal-fired units going […]

Crude Oil News

Drill, Baby, Drill’ Hits Wall of Capital Restraint – More like Drill Baby Drill when fiscally responsible!

November 13, 2024 Clark Savage

Trump will encounter a very different mindset of shale industry executives in 2025 compared to the late 2010s. Discipline and a pragmatic approach to balancing production growth with shareholder returns are likely to hold in […]

Shale drillers
Crude Oil News

Coterra is spending $4 billion to consolidate in the Permian.

November 13, 2024 Clark Savage

The risk/reward balance here gets very interesting. Coterra Energy, the $20 billion publicly traded exploration & production (E&P) operator, announced two separate acquisition agreements in the Permian totaling $3.95 billion. The deal “consist[s] of $2.95 […]

electricity
EIA News

U.S. electricity exports to Canada have increased since September 2023

November 13, 2024 Andy Del Prado

For the better part of two decades, Canada has exported significantly more electricity to the United States than it imported. However, in the fall of 2023, electricity trade between the two countries became more balanced. […]

U.S. production
EIA News

U.S. associated natural gas production increased nearly 8% in 2023

November 13, 2024 Mariel Alumit

U.S. production of associated-dissolved natural gas, or associated natural gas, increased 7.9% in 2023 compared with 2022, averaging 17.1 billion cubic feet per day (Bcf/d) last year, according to data from Enverus Drillinginfo. Associated natural gas […]

Oil
Crude Oil News

Canadian Oil Stands To Profit From Trump’s Energy Agenda

November 13, 2024 Mariel Alumit

Canada is the biggest foreign supplier of crude oil to U.S. refiners. Canada’s energy exports to the United States were worth close to $160 billion—most of that in the form of crude oil, refined products, […]

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