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HomeUS Energy News

US Energy News

Energy
Energy Policy

The House GOP Moves on Energy

March 29, 2023 Mariel Alumit

Will Democrats in swing districts and states oppose a bill to expand production? President Biden’s energy policy is summed up by last year’s $370 billion gift to the climate lobby, aka the Inflation Reduction Act. […]

Electrical Generation / Utilities

New York’s first offshore wind farm linked to land

March 29, 2023 Mariel Alumit

The subsea export cable for the South Fork wind farm offshore New York has now been installed, according to an update Eversource Energy posted on social media. Photo: Eversource Energy on Twitter The installation work, […]

Price
Exploration and Production

Warren Buffett Adds To His Occidental Petroleum Stake As Energy Stock Receives Upgrade

March 28, 2023 Mariel Alumit

Warren Buffett added more Occidental Petroleum (OXY) stock to his Berkshire Hathaway (BRKB) portfolio in recent days, bolstering his stake in the U.S. energy company. Meanwhile, OXY stock was upgraded Tuesday. Berkshire Hathaway purchased around […]

Crude Oil News

Is It Time To Refill The Strategic Petroleum Reserve?

March 28, 2023 Mariel Alumit

Authored by Robert Rapier via OilPrice.com, The Biden Administration has sold 266 million barrels of oil from the Strategic Petroleum Reserve since his inauguration. In October, with prices still above $80, the administration announced that […]

Price
Coal

U.S. coal exports remained relatively unchanged between 2021 and 2022

March 28, 2023 Mariel Alumit

March 28, 2023 Data source: U.S. Energy Information Administration, Annual Coal Report, and the U.S. Census Bureau In 2022, 84.8 million short tons (MMst) of coal were exported from the United States, relatively unchanged from […]

House
Energy Crisis

House GOP’s energy bill hitting the floor amid market volatility

March 28, 2023 Mariel Alumit

House Republicans are pitching legislation cued up for a floor vote this week as a salve to high gasoline and electric costs, though it remains hazy how quickly and aggressively the measure would lower prices. […]

LNG
Exports

The Case Against Banning U.S. Exports of Liquified Natural Gas to China

March 28, 2023 Mariel Alumit

The 118th Congress is working at a fever pitch to find ways to economically punish China. With headline-grabbing titles like Fair Trade with China Enforcement Act, Ending China’s Developing Nation Status Act, and Neutralizing Unfair Chinese Export Subsidies […]

Exploration and Production

ConocoPhillips zeroes in on becoming APLNG upstream operator

March 27, 2023 Mariel Alumit

US energy giant ConocoPhillips, through its Australian subsidiary, has revealed plans to become upstream operator of Australia Pacific LNG (APLNG) following the closing of EIG’s transaction with Origin Energy. Archive. Courtesy of Australia Pacific LNG […]

CCUS

With over 140 carbon capture, utilisation, and storage hubs in development, 2022 pushes CCUS to new heights

March 27, 2023 Mariel Alumit

Home Fossil Energy With over 140 carbon capture, utilisation, and storage hubs in development, 2022 pushes CCUS to new heights While the global energy crisis marked 2022, efforts to propel the energy transition forward in […]

Energy Tech

What Peaks and Dips in US Funding of Energy R and D Mean for Innovation

March 27, 2023 Mariel Alumit

​President Joe Biden submitted his budget request on March 9. Although the numbers are bound to change before Congress approves it, federal funding of research and development — a small but significant corner of the US budget — could top $200 billion […]

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