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HomeUS Energy News

US Energy News

U.S. coal
Climate Crisis

U.S. coal plants delay closures in hurdle for clean energy transition

August 10, 2022 Mariel Alumit

SHEBOYGAN, Wisc., Aug 10 (Reuters) – Travel brochures in Sheboygan, Wisconsin, tout the town’s beaches on Lake Michigan as the Malibu of the Midwest. But pages of glossy photos leave out a feature of the […]

Iran
Finance

Oil Declines As Traders Consider Iranian Oil Sales After Nuclear Deal

August 10, 2022 Stu Turley

Oil prices declined as investors  considered the progress in last-ditch talks reviving the 2015 Iran nuclear deal, which would allow Iranian crude exports to flow into the tight Western markets. West Texas Intermediate fell 0.36% […]

Stocks - NYSE - ENB
Finance

JP Morgan Analyst Lists 10 Reasons To Be Bullish, But Others Disagree

August 10, 2022 Stu Turley

Despite persistent inflation, fears of recession, weak second quarter earnings, and a persistent bear market,  JP Morgan strategist Mislav Matejka remains bullish on stocks. Matejka said in a note, “We believe that risk reward for […]

Devon
M & A

Devon Energy to buy Eagle Ford basin operator Validus for $1.8 billion

August 9, 2022 Mariel Alumit

Aug 9 (Reuters) – Shale producer Devon Energy (DVN.N) said on Tuesday it will buy Validus Energy, an Eagle Ford basin operator, for $1.8 billion in cash. The deal comes at a time when oil producers are […]

Matt Welch ENB Podcast Promo
ENB Contributor Column

ENB #68 Matt Welch with the Texas Geothermal Energy Alliance – Exciting energy production using abandoned and orphaned oil wells

August 9, 2022 Stu Turley

Matt is the State Director for the Texas Geothermal Energy Alliance, and we talk about an exciting project to make energy affordable to all, and ESG friendly. All that and using orphaned wells as the […]

oil and gas
Crude Oil News

Analyst: Oil To Hit $120 Again By Winter

August 9, 2022 Mariel Alumit

While oil and gas prices may continue to weaken in the near term, by the time winter sets in, the market is going to become extremely tight and the per-barrel price of oil should return […]

U.S. Senate
Energy Policy

U.S. Senate approves bill to fight climate change, cut drug costs in win for Biden

August 8, 2022 Mariel Alumit

WASHINGTON, Aug 7 (Reuters) – The U.S. Senate on Sunday passed a sweeping $430 billion bill intended to fight climate change, lower drug prices and raise some corporate taxes, a major victory for President Joe […]

Hess
Crude Oil News

Hess Encouraged By Huron Well In Gulf Of Mexico

August 7, 2022 Mariel Alumit

American independent energy company Hess Corporation has seen some promising results from the drilling operations concluded in the second quarter of 2022 at the Huron well. The well is located at Green Canyon Block 69 […]

Gasoline
Top News

Prices At The Pump Continue To Plunge, But Stronger Demand Could Halt The Trend

August 6, 2022 Mariel Alumit

The national average for a gallon of gas at the pump in the United States fell to $4.139 on Thursday, the 51st consecutive day the country has seen a price drop for gasoline, according to […]

Red States Fighting ‘Woke’ Banks That Push Anti-Fossil Fuel Policies
ESG

Red States Fighting ‘Woke’ Banks That Push Anti-Fossil Fuel Policies

August 5, 2022 Stu Turley

Republican states are fighting efforts by certain banks to push environmental, social, and governance (ESG) standards that promote, among other progressive agenda, anti-fossil fuel policies. Over the past year, at least 15 Republican-led states have proposed […]

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