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HomeUS Energy News

US Energy News

Crude Oil News

US seeks to buy 6 million barrels for oil reserve by January

October 22, 2023 Mariel Alumit

Nasdaq The U.S. Department of Energy said on Thursday it hopes to buy six million barrels of crude oil for delivery to the Strategic Petroleum Reserve in December and January, as it continues its plan […]

Texas Natural Gas -
Crude Oil News

Texas’ Oil and Gas Industry Climbing to Record Highs as it Fills Gap for U.S., Europe

October 22, 2023 Mariel Alumit

From wellhead to export terminal, Texas’ oil and gas industry is buzzing to new heights, continuing its resurgence after the COVID-19 pandemic’s economic ebb. Last month, Texas set a new barrel-per-day (mb/d) production record of […]

Navigator CO2 Ventures Cancels 1,300-Mile Carbon Pipeline Project in U.S. Midwest
Carbon Capture

Navigator CO2 Ventures Cancels 1,300-Mile Carbon Pipeline Project in U.S. Midwest

October 22, 2023 Mariel Alumit

(Reuters) — Navigator CO2 Ventures has canceled its Heartland Greenway pipeline project aimed at capturing 15 million metric tons of carbon dioxide annually from Midwest ethanol plants and storing it permanently underground, the company said, citing “unpredictable” […]

Energy Transition

Bidenomics at Work: ‘Green’ Hydrogen Is a Very Expensive Waste of Money

October 21, 2023 Mariel Alumit

Making green hydrogen suffers from the very problem it is supposed to cure. The part-time, weather dependent, unreliability of wind and solar energy. Hydrogen storage is supposed to function as a sort of battery at […]

Electrical Generation / Utilities

Thoughts About Energy and Economics

October 21, 2023 Mariel Alumit

ENB Pub Note: Ed Ireland is an industry thought leader, and I highly recommend subscribing to his substack listed at the bottom of the article.  The Texas electricity grid is famous because it is not […]

Price
Housing

Census Data Shows 871,000 Californians Left The Imploding State In 2022

October 21, 2023 Mariel Alumit

California has sustained massive population declines since the Covid pandemic. Residents have been fed up with radical authoritarian progressive politicians, as well as shit-covered streets, imploding metro areas, out-of-control homelessness, open-air drug markets, soaring violent […]

Projects
Electrical Generation / Utilities

Biden Administration Plans $3.46B for Grid Resilience Projects

October 20, 2023 Mariel Alumit

The USA Department of Energy (DOE) has selected dozens of projects across the country for potential funding totaling up to $3.46 billion to improve electricity system reliability against climate disruptions. The amount, provisionally named to […]

Drillers
Big Oil Companies

U.S. Oil Drillers Still Showing Discipline

October 20, 2023 Mariel Alumit

The total number of active drilling rigs in the United States rose by 2 this week after climbing by 3 last week, according to new data that Baker Hughes published Friday, as drillers continue to […]

Solar
ESG

Solar stocks tumble to 3-year low as Solaredge drops nearly 30% on demand warning

October 20, 2023 Mariel Alumit

Solar stocks tumbled on Friday after solar product manufacturer Solaredge warned that demand in Europe has significantly weakened, furthering battering sentiment on the renewable energy sector amid a difficult year. The Invesco Solar ETF (TAN) tumbled 6.57% Friday and was last […]

Drilling
Big Oil Companies

Texas launches investigation into big banks over potential violations of state oil, gas anti-boycott laws

October 19, 2023 Mariel Alumit

(Bloomberg) – Texas Attorney General Ken Paxton’s office said it’s reviewing whether 10 financial companies, including Bank of America Corp. and JPMorgan Chase & Co., violate a Republican-backed state law that punishes firms for restricting […]

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