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HomeUS Energy News

US Energy News

diesel
Commodities

The US now has just 25 days of diesel supply — the lowest since 2008. Here’s why that’s more alarming than a dwindling ‘oil piggy bank’

October 26, 2022 Mariel Alumit

The U.S. is facing a diesel crunch just as demand is surging ahead of winter — with only 25 days of supply left, according to the Energy Information Administration. National Economic Council Director Brian Deese […]

Commodities

WTI Holds Gains Despite API Reporting Unexpectedly Large Crude Build

October 25, 2022 Mariel Alumit

Oil prices rebounded today from earlier losses as fears over tight supplies once again became top of mind for many as ‘peak hawkishness’ overtook ‘China demand fears’. Oil was also helped by a weaker dollar… […]

California
Grid

California Adopts New Load Management Standards

October 25, 2022 Mariel Alumit

To help consumers save money at peak times, the California Energy Commission (CEC) has created new load management standards this month, to be implemented in April 2023. These will give users more timely and accurate […]

Solar Panels
Renewables Not Sustainable

Increased Spacing Matters for Solar Panels, NREL Study Finds

October 25, 2022 Mariel Alumit

Moving rows of solar panels farther apart can increase efficiency and improve economics in certain instances by allowing greater airflow to whisk away some heat, according to a new analysis by National Renewable Energy Laboratory (NREL). Solar […]

Biden
Crude Oil News

Biden Just Put A Floor Under Oil. Will It Work?

October 25, 2022 Mariel Alumit

The Biden Administration has tried to keep oil prices in check by releasing crude from the SPR this year. The main concern among those watching SPR levels has been its replenishment. This week, the Biden […]

Natural Gas
Midstream

Texas Natural Gas Drops Toward Zero as Output Swamps Pipelines

October 25, 2022 Mariel Alumit

(Bloomberg) — Natural gas prices in the Permian Basin of West Texas are plunging toward zero as booming production overwhelms pipeline networks, creating a regional glut of the fuel. Gas in an area of the […]

heating oil
Climate Crisis

Green New World: As heating oil runs low and prices soar in N.Y. and the northeast, news agencies tell Americans to grab a blanket

October 25, 2022 Mariel Alumit

Home heating prices are soaring this coming winter, especially in New York and the northeast, where heating oil shortages are looming before the winter has even begun. On Oct. 13, there was a 26-day supply of […]

U.S.
International News

U.S. Gas Exporters Looking At Fluctuating European Market

October 24, 2022 Mariel Alumit

With the US becoming increasingly integrated into global gas markets as one of the world’s largest exporters, it is setting its sights on customers in the fluctuant European market. Currently, US LNG exports are running at […]

Offshore
Crude Oil News

BOEM sets date for US Gulf of Mexico oil and gas Lease Sale 259

October 24, 2022 Mariel Alumit

A 60-day comment period is slated to commence Oct. 24 on the Interior Department’s plan to hold the next federal Gulf of Mexico offshore oil and natural gas lease sale in March, according to an […]

oil and gas
US Energy News

Water companies want NM to reuse oil and gas byproduct, despite safety and environmental concerns

October 24, 2022 Mariel Alumit

A warming globe and dwindling water supply are forcing conversations on alternative water sources, so some water engineers and scientists are encouraging New Mexico to start treating and using the toxic water that comes from […]

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