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HomeUS Energy News

US Energy News

n Antofagasta Plc mine in Chile
ENB Pub Note

US allocates $74.6 million to 30 states for critical minerals research, mapping

June 22, 2022 Michael Tanner

ENB Publishers Note: This is one of the most critical (pun intended) points of securing our nation’s ability to control its renewable future.  Having had the chance to work with some of the smartest economists […]

White House
Top News

Oil CEOs will visit White House for emergency meeting

June 22, 2022 Mariel Alumit

Responding to President Joe Biden’s call for an explanation of soaring petroleum prices and surging industry profits, oil and gas executives will visit the White House tomorrow for an emergency meeting with Energy Secretary Jennifer […]

EIA
Commodities

What Do You Pay for in a Gallon of Fuel?

June 22, 2022 Mariel Alumit

What exactly do you pay for when you buy fuel? Well, that depends on whether you’re purchasing regular gasoline or diesel, according to the U.S. Energy Information Administration’s (EIA) latest gasoline and diesel fuel update. […]

Biden
Energy Policy

Biden Escalates War of Words with Big Oil

June 22, 2022 Mariel Alumit

President Joe Biden reiterated his ire toward oil industry officials, verbally sparring with Chevron Corp. Chief Executive Officer Mike Wirth just days before administration officials and oil executives are set to discuss how to bring […]

global pandemic
Downstream

Factbox: Which U.S. refineries have shut since the global pandemic, and why?

June 22, 2022 Mariel Alumit

June 17 (Reuters) – Since the onset of the global pandemic, the United States has lost nearly 1 million barrels per day of oil refining capacity, with more set to be shuttered in the next […]

Gas station in New York -NYT
Commodities

Biden Will Push Congress for a Three-Month Gas Tax Holiday

June 22, 2022 Stu Turley

President Biden plans to call on Congress on Wednesday to temporarily suspend the federal gas tax, an effort to dampen the soaring fuel prices that have stoked frustration across the United States. During a speech on […]

Biden Says He Is Near Decision on Backing Federal Gasoline-Tax Holiday
Commodities

Biden Says He Is Near Decision on Backing Federal Gasoline-Tax Holiday

June 21, 2022 Stu Turley

President Biden said Monday that he may make a decision within days on seeking a pause to the federal gasoline tax, as Americans deal with soaring gas prices. Mr. Biden told reporters in Rehoboth Beach, Del., that […]

Nuclear
US Energy News

Nuclear industry hopes to expand output with new reactors

June 21, 2022 Mariel Alumit

The U.S. nuclear industry is generating less electricity as reactors retire, but now plant operators are hoping to nearly double their output over the next three decades, according to the industry’s trade association. The massive […]

Southwestern
US Energy News

Southwestern Energy Announces $1 Billion Share Repurchase Program

June 21, 2022 Mariel Alumit

SPRING, Texas–(BUSINESS WIRE)–Southwestern Energy Company (“SWN or the “Company”) (NYSE: SWN) today announced that its Board of Directors authorized a share repurchase program. Key Highlights: Authorization for up to $1 billion of share repurchases through […]

ExxonMobil
US Energy News

ExxonMobil CEO says oil and gas markets may be tight for 3 to 5 more years

June 21, 2022 Mariel Alumit

Oil and gas markets may be tight for another three to five years as the industry tries to catch up with underinvestment in new production due to the pandemic, ExxonMobil CEO Darren Woods said June […]

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