U.S. oil prices soared Wednesday to their highest level in more than a year. Most frackers plan to stay on the sidelines. Surging global demand coupled with output cuts by Saudi Arabia and Russia have sent crude […]
(Bloomberg) – The Biden administration is charting plans to sell offshore oil drilling rights in the Gulf of Mexico over the next five years. The Interior Department ruled out adopting an offshore oil leasing plan […]
(Bloomberg) – ExxonMobil Corp. is lobbying the Biden administration to allow hydrogen made from natural gas to qualify for some of the most lucrative subsidies available in the President’s signature climate law, pushing for billions […]
September 28, 2023 Data source: U.S. Energy Information Administration, Short-Term Energy Outlook, September 2023 Weather events in the U.S. Northwest this past spring and summer led to lower water supply, prompting us to […]
PITTSBURGH, PA – September 27, 2023 – Natural gas development is fundamental to the health and strength of Pennsylvania’s economy, supporting well over 100,000 family sustaining careers, boosting state tax revenues, and generating billions in economic […]
CNN — As momentum shifts toward clean energy, coal has had some unexpected staying power. What’s happening: Big banks like Goldman Sachs have pledged to divest from the dirty energy source, but reports that coal power is dying appear to […]
Correction: This article was updated to correct the amount that MGE compensates customers for the energy they send back to the grid. It is currently 16.6 cents per kilowatt-hour. Wisconsin utility MGE is proposing to […]
After their tumble overnight yesterday amid bearish risk appetites, oil prices have soared back to new cycle highs as traders mulled the effects of rapidly tightening supplies after API reported yet another weekly drawdown in […]
Teton County and the town of Jackson had set its sights on a low-emission transit system for the county. The Southern Teton Area Rapid Transit (START) system, a joint operation between Jackson and Teton County, […]
September 27, 2023 Data source: SoCalGas Envoy On August 31, the California Public Utilities Commission (CPUC) voted to increase working natural gas storage by 67% to 68.6 billion cubic feet (Bcf) at Aliso […]
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