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 dry […]
February 6, 2023Data source: U.S. Energy Information Administration, Preliminary Monthly Electric Generator Inventory, December 2022 Reposted to correct the planned capacity of Guernsey Power Station. Developers plan to add 54.5 gigawatts (GW) of new utility-scale […]
Summary Brent and WTI post weekly declines of nearly 8% U.S. reports blowout job growth EU agrees on price caps on Russian refined oil products Russia says EU oil products ban will unbalance markets NEW […]
Neither the New York Times, the Western experts that writer Ana Swanson cites, nor the IMF can credibly be accused of being “Russian-friendly”, let alone so-called “Russian propagandists” or even “Russian agents”, which thus confirms […]
February 1, 2023 Data source: U.S. Energy Information Administration, Proved Reserves of Crude Oil and Natural Gas in the United States, Year-End 2021 In 2021, U.S. proved reserves of crude oil and lease condensate increased […]
January 31, 2023 Data source: S&P Global Commodity Insights On December 23, 2022, natural gas consumption in the U.S. Lower 48 states reached a daily record high of 141.0 billion cubic feet (Bcf), according to […]
The price drop occurred the day before the expiration of the February contract as the front-month on the New York Mercantile Exchange, when volatility often peaks because trading volumes are low. In 2022, gas prices […]
The Bryan Mound Strategic Petroleum Reserv Jan 25 (Reuters) – U.S. crude inventories rose last week as demand for fuels tapered off, and while the increase was less than expected, crude stocks reached the highest […]
Sun sets on the Philadelphia Energy Solutions plant refinery in Philadelphia, Pennsylvania, U.S., January 9, 2020. Picture taken January 9, 2020. REUTERS/Mark Makela Jan 23 (Reuters) – U.S. oil refiners are expected to report higher […]
Greece-based shipping companies Empire Bulkers Limited and Joanna Maritime Limited were ordered to pay $2 million ($1 million each) over violations of pollution acts in the U.S. The two companies were convicted for knowing and […]
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