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HomeUS Energy News

US Energy News

Jamie Dimon: “The Cold War Is Back” And Commodity Turmoil Could Get “Much Worse”
Commodities

Oil jumps after Saudi Arabia hikes crude prices

June 6, 2022 Stu Turley

Oil prices rose more than $2 in early trade on Monday after Saudi Arabia raised prices sharply for its crude sales in July, an indicator of how tight supply is even after OPEC+ agreed to […]

Oil and stocks
Finance

How Long Will The Epic Rally In Energy Stocks Last?

June 5, 2022 Stu Turley

Energy is leading the S&P 500, jumping by 57% YTD. Out of the top ten best-performing stocks in the S&P 500 year to date, nine are energy companies  Investors are now trying to predict how […]

natural gas
Top News

Natural Gas Production In The Permian Hit Record Highs In 2021

June 5, 2022 Mariel Alumit

Marketed natural gas production from the Permian Basin in western Texas and eastern New Mexico reached a new annual high of 16.7 billion cubic feet per day (Bcf/d) in 2021, according to the U.S. Energy […]

Two-Thirds of the Country Face the Prospect of Blackouts this Summer
Electrical Generation / Utilities

Two-Thirds of the Country Face the Prospect of Blackouts this Summer

June 4, 2022 Stu Turley

The tough news keeps coming for Americans struggling with high energy prices. Not only have gas prices broken records for the past several weeks, now a good portion of the country is being told they […]

Energy Secy sees silver lining in high gas prices
ENB Pub Note

Energy Secy sees silver lining in high gas prices

June 4, 2022 Stu Turley

ENB Editors Note: The current administration’s green policies are the direct cause of high gas, diesel, and inflation.  A representative of the Biden administration gave an update on its so-called Green Agenda. Energy Secretary Jennifer […]

US electric grid
Renewables Not Sustainable

Energy experts sound alarm about US electric grid: ‘Not designed to withstand the impacts of climate change’

June 4, 2022 Mariel Alumit

(CNN) – As heat ramps up ahead of what forecasters say will be a hotter than normal summer, electricity experts and officials are warning that states may not have enough power to meet demand in the coming months. […]

OPEC
Geopolitical

Biden applauds OPEC while condemning American oil

June 4, 2022 Mariel Alumit

OPEC will increase its oil production by 648,000 barrels per day starting in July. President Joe Biden is applauding this decision, but he seems to forget that high gas prices are partially the result of his administration’s energy policies. […]

EPA
US Energy News

U.S. EPA expected to release retroactive biofuel blending mandates for 2020-2022

June 4, 2022 Mariel Alumit

(Reuters) The U.S. Environmental Protection Agency is expected to release retroactive mandates for the volume of biofuels oil refiners were required to blend into their fuel for the years 2020 through 2022. The mandates, typically set […]

Phillips 66
Renewables Not Sustainable

Phillips 66 joins forces with FreeWire to expand US EV charging program

June 2, 2022 Mariel Alumit

Phillips 66 signed a letter of intent with FreeWire Technologies to expand its electric fuel charging capabilities, using its existing US retail network sites to meet growing demand for electric vehicles, the company said June […]

Texas
US Energy News

Texas power use hits monthly record again with many more to come

June 1, 2022 Mariel Alumit

(Reuters) Power demand in Texas reached the highest level ever recorded in the month of May on Tuesday and will likely break the record for June today as economic growth boosts overall usage and hot […]

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