General Motors and South Korean battery company LG Energy Solution announced their joint venture will invest an additional $275 million into its Tennessee Electric Vehicle (EV) battery cell manufacturing plant. Officials representing the joint venture […]
The FT writes, shale pioneer Harold Hamm has hit out at the US’s oil deal with Venezuela, saying it marked a new sign of “desperation” from the administration of Joe Biden as it tries to […]
There is one thing that is going to make or break the energy transition. It is data. How does the grid even work? The lights don’t magically turn, there is an incredibly complex machine that […]
U.S. shale oil drillers turned from scrappy wildcatters into multi-millionaires over the past two decades, propelling the United States to become the world’s largest producer, but now they are running out of runway. Oil output […]
A U.S. consumer confidence survey fell to 100.2 in November and touched the lowest level in four months, reflecting growing angst about a softening economy and potential recession. The closely followed index dropped 2 points […]
The U.S. Senate on Dec. 1 approved legislation aimed at heading off a nationwide rail strike, a day after the House passed the measure. Senators voted 80-15 to pass the bill, which would impose a […]
Watch the latest video at foxbusiness.com After the White House claimed that U.S. oil producers have “plenty of opportunities” to drill domestically, some executives are slamming the administration’s “completely inaccurate,” “flat-out lie.” “We’ve basically tracked about 125 […]
Data source: U.S. Energy Information Administration, Power Plant Operations Report and Preliminary Monthly Electric Generator Inventory Wind plant performance–how much electricity a wind plant generates compared with its maximum possible generation–depends almost entirely on […]
OPEC and non-OPEC producers, an influential energy alliance known as OPEC+, will convene in Vienna, Austria on Dec. 4 to decide on the next phase of production policy. Jeff Currie, global head of commodities at […]
It is no secret that America’s electric power grid is becoming unreliable. The secret is whose fault it is. Not knowing who to blame makes it hard to fix. If I could get a show […]
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