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HomeUS Energy News

US Energy News

Former Pentagon
Geopolitical

Former Pentagon Advisor Says US Likely Attacked Nord Stream Pipelines To Isolate Germany

October 4, 2022 Mariel Alumit

A former Pentagon advisor says the most likely culprits behind the Nord Stream pipeline blasts are the United States and Britain, and that the attack was carried out to prevent Germany from bailing on the […]

U.S. And Mexico
US Energy News

U.S. And Mexico Extend Energy Discussions After Failing To Resolve Dispute

October 4, 2022 Mariel Alumit

The United States and Mexico will continue talks aimed at settling an energy policy dispute after failing to reach an agreement within the set minimum period, Bloomberg has reported, citing the sides chose to keep negotiating […]

U.S. natural gas
US Energy News

U.S. natural gas futures hold near 12 week low on record output

October 4, 2022 Mariel Alumit

U.S. natural gas futures held near a 12-week low on Tuesday on record output and forecasts for lower demand next week than previously expected. Ongoing power outages from Hurricane Ian at 391,000 homes and businesses […]

U.S. diesel
Crude Oil News

USA Diesel Demand Bounces Back with a Vengeance

October 4, 2022 Mariel Alumit

U.S. diesel consumption bounced back with a vengeance from its Labor Day dip and surged well above the levels of the last few years. That’s what energy and environmental geo-analytics company Kayrros noted in a […]

Western Midstream
Crude Oil News

Western Midstream and Occidental Sign Letter of Intent to Explore Carbon Capture, Transportation, Sequestration, and Utilization Opportunities

October 4, 2022 Mariel Alumit

HOUSTON, Oct. 03 /BusinessWire/ — Western Midstream Partners, LP (NYSE:WES) (“WES” or the “Partnership”) today announced that it executed a letter of intent (“LOI”) with a subsidiary of Occidental Petroleum Corporation (NYSE:OXY) (“Oxy”), with the […]

Kimmeridge Energy
M & A

SilverBow to Acquire $87 Million Bolt-on in Eagle Ford’s Karnes Trough

October 3, 2022 Mariel Alumit

SilverBow Resources Inc. agreed to an Eagle Ford Shale bolt-on acquisition in the Karnes trough for $87 million on Oct. 3 marking SilverBow’s first transaction since adopting a poison pill last month. “This transaction fits our disciplined […]

Fed
Finance

The Fed has the world in its hands — and its aggressive moves are creating global economic chaos that could come back and hurt the US

October 3, 2022 Mariel Alumit

The Federal Reserve’s aggressive rate hikes have the world’s central banks scrambling to keep up. A strong dollar puts others in a lose-lose: fight inflation and slow growth, or allow prices to continue surging. Countries […]

API
Downstream

API, AFPM comment on White House and Energy Secretary Granholm’s meeting with U.S. refiners

October 3, 2022 Mariel Alumit

WASHINGTON – The American Petroleum Institute (API) and American Fuel & Petrochemical Manufacturers (AFPM) today released the following statement after a meeting that included Secretary of Energy Jennifer Granholm, senior White House officials and leaders of the top U.S. […]

Gasoline
US Energy News

Gasoline Prices Could Return To $5 Per Gallon

October 3, 2022 Mariel Alumit

Ongoing supply chain woes could push oil prices back to $100 per barrel. Analysts estimate gasoline prices could return to $5 per gallon. Biden’s ability to continue pouring oil onto the markets to keep gas […]

U.S.
US Energy News

Exxon Tells U.S. Administration Fuel Export Curbs Will Raise Gasoline Prices

October 3, 2022 Mariel Alumit

The Biden Administration’s calls for U.S. refiners to limit their fuel exports would only lead to a more severe crunch overseas which will push crude oil prices and gasoline prices in America higher, U.S. supermajor […]

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