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HomeUS Energy News

US Energy News

Orange
Electrical Generation / Utilities

Orange County Power Authority addresses concerns raised in audits with improvement plan

March 16, 2023 Mariel Alumit

An improvement plan designed to address questions raised by three audits about the Orange County Power Authority’s management, pricing strategies and transparency was presented to its board Wednesday, March 15, outlining changes already made and others in […]

Permian
Crude Oil News

Permian loses six rigs as count falls fourth week

March 16, 2023 Mariel Alumit

Weaker commodity prices are undercutting drilling activity, with the US rig count falling for a fourth consecutive week, the first time that has happened since June 2020. Oilfield services company Baker Hughes said Friday its […]

cleantech
EnergyNews

Inside cleantech’s financial crisis

March 15, 2023 Mariel Alumit

? Hello and welcome to Energy News Weekly! Today, we’re breaking down the collapse of Silicon Valley Bank and what it means for the climate tech startups and community solar financers that depended on it. […]

U.S
Energy Policy

Would permitting reform get rid of the red tape for U.S. energy infrastructure projects?

March 15, 2023 Mariel Alumit

Home Fossil Energy Would permitting reform get rid of the red tape for U.S. energy infrastructure projects? While proposals to expedite infrastructure projects are making the rounds in Congress, Wood Mackenzie, an energy intelligence group, […]

EnergyNews

U.S. natgas drops over 5% on banking rout-led risk selloff

March 15, 2023 Mariel Alumit

Front-month gas futures for April delivery dropped for a second-straight session, slipping 14.5 cents, or 5.6%, to $2.428 per million British thermal units at 10:42 am EDT (1442 GMT). “Concerns about the banking sector and […]

Nuclear

enCore makes production decision on Alta Mesa, its second uranium facility

March 15, 2023 Mariel Alumit

​The Alta Mesa facility has a total operating capacity of 1.5 million pounds of uranium per year. Credit: enCore Energy Corp. enCore Energy (NYSE American: EU) (TSXV: EU) has made a formal production decision for […]

Biden
Crypto

Biden’s 30% Crypto Electricity Tax May Be Too Blunt A Solution

March 15, 2023 Mariel Alumit

In his latest budget for Fiscal Year 2024, President Biden has proposed a new tax on electricity use from cryptocurrency mining. If the budget becomes law, a 30% tax will be phased in over three years. The […]

Bank
Finance

Kevin O’Leary Says Avoid Bank Stocks and Buy Energy Instead. Here Are 2 Names to Consider

March 15, 2023 Mariel Alumit

In the wake of multiple bank collapses over the past week, many banking stocks’ valuations have fallen sharply and are trading at deep discounts right now. One investor, however, that definitely won’t be looking for […]

Colorado
Energy Policy

Colorado’s high energy costs are part of a regulatory ‘game’

March 15, 2023 Mariel Alumit

Colorado Utility Consumer Advocate chief: When ratepayers — stunned by doubling and even tripling of energy bills — cry out for help, the PUC patiently listens, but the public comments don’t have much weight in […]

Silicon
Finance

Silicon Valley Bank’s Fall Is a Passing Cloud Over Clean Energy

March 15, 2023 Mariel Alumit

Japanese and European banks have traditionally been big clean-energy lenders, too SVB made about $1.2 billion of project finance loans to U.S. renewable energy projects in 2022. The Wall Street Journal By Jinjoo Lee, March 14, […]

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