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HomeUS Energy News

US Energy News

You may be stuck paying high gas prices for years as a global metals shortage sabotages the electric car revolution
Electric Vehicles

You may be stuck paying high gas prices for years as a global metals shortage sabotages the electric car revolution

June 12, 2022 Stu Turley

Metals are quickly becoming the new oil as fossil fuels are phased out and replaced with clean energy and electric cars. The green energy transition relies on mining to produce enough lithium, cobalt, and nickel […]

carbon capture
Carbon Capture

Occidental Petroleum Is Making Strides to Capture This $5 Trillion Opportunity

June 11, 2022 Stu Turley

Occidental Petroleum (OXY -2.01%) sees tremendous potential for carbon capture and storage (CCS). The process that extracts carbon dioxide from the air and stores it underground could help significantly reduce climate-impacting carbon emissions in the future. CCS […]

Stillwater
Rare Earth Minerals

$100M rare earth metals manufacturing facility announced for Stillwater

June 10, 2022 Mariel Alumit

STILLWATER, Okla. — Magnets found in so many everyday items like cell phones could soon come from the ground in Oklahoma. A company is about to spend $100 million to build a facility in Stillwater. […]

PDC Energy
US Energy News

PDC Energy Announces Approval of Kenosha Oil and Gas Development Plan

June 10, 2022 Mariel Alumit

DENVER, June 08, 2022 (GLOBE NEWSWIRE) — PDC Energy, Inc. (“PDC” or the “Company”) (Nasdaq: PDCE) announced today that the Colorado Oil and Gas Conservation Commission (“COGCC”) approved the Company’s Kenosha Oil & Gas Development […]

New Mexico
Climate Crisis

A New GOP Climate Plan Is Long on Fossil Fuels, Short on Specifics

June 9, 2022 Mariel Alumit

Republican members of Congress chose to hold the first public event for their new climate plan in the country’s No. 1 oil-producing county, in New Mexico, and before an audience of people who work in […]

Colorado
Exploration and Production

Colorado bans PFAS in oil- and gas-extraction products

June 9, 2022 Mariel Alumit

Colorado has become the first US state to ban per- and polyfluoroalkyl substances (PFAS) in products used in drilling for oil and gas. A measure signed by Gov. Jared Polis (D) June 3 prohibits the sale or […]

Inflation
Exploration and Production

Inflation in the Oil Patch Behind Budget Increase for Callon Petroleum

June 9, 2022 Mariel Alumit

Houston-based Callon has updated its operational capital budget to a range of $790 million to $810 million for the full year, up from previous guidance of $725 million published in February. Production guidance of 101-105,000 […]

US coal exports
US Energy News

US coal exports climb 10.1% on month in April: Census Bureau

June 9, 2022 Mariel Alumit

Monthly US thermal and metallurgical coal exports increased 10.1% from the previous month to 7.3 million mt in April, US Census Bureau data showed June 8. Metallurgical coal accounted for 52.5% of total US coal […]

Houston Refinery
Commodities

Premature Closure Of Houston Refinery Could Worsen The Fuel Crunch

June 8, 2022 Mariel Alumit

U.S. refining capacity could take a hit from an earlier than planned closure of a major refinery in Houston, which could worsen the refining and fuel crunch in the country. LyondellBasell—which announced in April that it would […]

Biden
Energy Policy

Biden memorandum signals that the private sector must live up to cyber performance goals

June 8, 2022 Mariel Alumit

On July 28, 2021, President Biden signed a memorandum to modernize defenses in industrial control systems (ICS) that command and direct manufacturing, product handling, production, distribution and related data acquisition. Why does it matter? The Biden administration committed to take […]

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