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HomeUS Energy News

US Energy News

Biofuel

Market prices for Renewable Fuel Standard credits are falling

October 24, 2023 Mariel Alumit

October 24, 2023 Data source: Oil Price Information Service and U.S. Bureau of Labor Statistics, Consumer Price Index The prices of ethanol (D6) and biomass-based diesel (D4) renewable identification number (RIN) credits—the compliance mechanism used […]

No Picture
EIA News

Market prices for Renewable Fuel Standard credits are falling

October 24, 2023

 October 24, 2023 Data source: Oil Price Information Service and U.S. Bureau of Labor Statistics, Consumer Price Index The prices of ethanol (D6) and biomass-based diesel (D4) renewable identification number (RIN) credits—the compliance […]

Invenergy
Energy Crisis

Invenergy’s 5-GW Grain Belt transmission project faces continued opposition at FERC

October 24, 2023 Mariel Alumit

Dive Brief: The Missouri Landowners Alliance on Friday urged the Federal Energy Regulatory Commission to require Invenergy to re-apply for permission to offer capacity on the $7 billion, 5-GW Grain Belt Express transmission project at negotiated rates. […]

Crude Oil News

Chevron to increase Guyana, Bakken shale production with $53 billion Hess acquisition

October 24, 2023 Mariel Alumit

World Oil (WO) — Chevron Corporation has entered into a definitive agreement with Hess Corporation to acquire all of the outstanding shares of Hess in an all-stock transaction valued at $53 billion, or $171 per […]

Embargo
Energy Crisis

The Embargo at 50: Regulatory Causality vs. Anti-Oil Narrative

October 23, 2023 Mariel Alumit

The terms “Oil Embargo” and “Energy Crisis” have been embedded in the nation’s history for a half-century. But that crisis was the result of government intervention, not market failure. Specifically, the age-old sin of government price controls […]

Microgrid
Energy Crisis

Delaying the Energy Transition: DER, Microgrid Developers Forced to Wait for Transformers, Interconnection, IRA Clarification

October 23, 2023 Mariel Alumit

Distributed energy resource (DER) and microgrid developers are grappling with long utility interconnection queues and transformer shortages, which are slowing their projects and increasing costs. In addition, nonprofit organizations are waiting for clarification about provisions […]

Ohio
Electrical Generation / Utilities

Utility refunds top priorities list for new Ohio consumers’ counsel

October 23, 2023 Mariel Alumit

​ Refunds for unlawful utility charges are a top priority for Maureen Willis, the veteran litigator who became Ohio’s new consumers’ counsel this month. The Office of the Ohio Consumers’ Counsel is a state-funded agency […]

Illinois
CCUS

Navigator CO2 pipeline is canceled, but Illinois opponents say the fight isn’t over

October 23, 2023 Mariel Alumit

​ The company Navigator CO2 announced on Oct. 20 it is nixing plans for a 1,300-mile pipeline to take carbon dioxide from ethanol plants across five states to be sequestered in Illinois. While Illinois residents […]

Ohio
Electrical Generation / Utilities

As nuclear fuel plant opens in Ohio, can small reactors compete?

October 23, 2023 Mariel Alumit

​ As an Ohio uranium enrichment plant opened this month, yet another study questioned whether nuclear power from small modular reactors can compete with other types of electricity generation. Centrus Energy’s new plant in Piketon […]

Price
EIA News

Venezuela’s heavy crude oil output increases are limited following U.S. sanctions relief

October 23, 2023 Mariel Alumit

October 23, 2023 Data source: U.S. Energy Information Administration, Short-Term Energy Outlook (STEO) The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) effectively lifted most U.S. sanctions on Venezuela’s energy sector on […]

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