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Energy
EIA News

Product Highlight: EIA’s Short-Term Energy Outlook

April 5, 2023 Mariel Alumit

April 5, 2023 Data source: U.S. Energy Information Administration, Short-Term Energy Outlook Our Short-Term Energy Outlook (STEO) publication provides near-term energy data, analysis, and forecasts. Each month, the STEO provides forecasts from the time of […]

Fossil Fuels
Coal

Fossil Fuels Will Remain King Well Past 2050, Says New Federal Report

March 24, 2023 Mariel Alumit

A new federal report disputes the claim that the United States will reach net-zero carbon emissions from power generation anytime soon. While the share of energy that comes from wind and solar will increase, the […]

EnergyNews

U.S. drillers add the most gas rigs in a week since December 2018

March 18, 2023 Mariel Alumit

​The oil and gas rig count, an early indicator of future output, rose eight to 754 in the week to March 17. , , Baker Hughes said that puts the total rig count up 91 […]

Electrical Generation / Utilities

Electricity prices surged 14.3% in 2022, double overall inflation: US report

February 26, 2023 Mariel Alumit

Dive Brief: Consumers paid 14.3% more for electricity last year on average, than in 2021, more than double the overall 6.5% rise in prices, according to Consumer Price Increase data released Jan. 12 by the U.S. Bureau of […]

EnergyNews

U.S. LNG producers Poised to Leapfrog Rivals with Three New Projects

February 18, 2023 Mariel Alumit

​NEW YORK, Feb 16 (Reuters) – At least three proposed U.S. liquefied natural gas (LNG) export plants have likely found enough customers to receive financial approvals this year, according to Reuters calculations, developments that would […]

EnergyNews

U.S. Natgas Drops 3% to 25-Month Low on Less cold Weather in February – What will prices do?

February 5, 2023 Mariel Alumit

That put the gas contract on track to drop over 63% over the past seven weeks, its biggest seven-week collapse in history after weather in the U.S. Lower 48 states was the second warmest on […]

Oil up slightly but bearish of U.S. data, crude stocks build
Crude Oil News

Oil up slightly but bearish of U.S. data, crude stocks build

January 19, 2023 Mariel Alumit

Oil futures gained slightly on Thursday, even in the face of recession fears as a sharp decline in  U.S. retail sales and manufacturing output muddied the outlook for demand, while industry data showing a surprise […]

U.S
EIA News

EIA forecasts lower wholesale U.S. natural gas prices in 2023 and 2024

January 18, 2023 Mariel Alumit

January 18, 2023 Data source: U.S. Energy Information Administration, Short-Term Energy Outlook (STEO) In our January Short-Term Energy Outlook (STEO), we forecast the natural gas spot price at the U.S. benchmark Henry Hub will average […]

U.S.
Fossil

U.S. natgas output to hit record high in 2023, demand to fall

January 14, 2023 Mariel Alumit

   U.S. natural gas production will rise to a record high in 2023, while demand will fall, the U.S. Energy Information Administration (EIA) said in its Short Term Energy Outlook (STEO) on Tuesday. EIA projected […]

Nuclear
Nuclear

OPINION: Nuclear fusion may change our world but renewable energy sources will save it: experts

January 10, 2023 Mariel Alumit

We are living through unprecedented times. That was the tagline when the startling COVID-19 pandemic swept across the globe. But the phrase had already become commonplace for a generation altered by the reality of climate […]

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