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HomeUS Energy News

US Energy News

FERC commissioners respond to elevated power outage risks across two-thirds of US
Electrical Generation / Utilities

FERC commissioners respond to elevated power outage risks across two-thirds of US

May 21, 2022 Stu Turley

At its monthly meeting Thursday, Federal Energy Regulatory Commission members dissected the North American Electric Reliability Corp.’s warning that roughly two-thirds of the United States faces heightened risks of power outages this summer. The Midcontinent […]

Texas
Finance

‘Hell no’: Finance firms tell Texas they don’t boycott energy

May 20, 2022 Mariel Alumit

(Bloomberg) — As Texas officials hunt for financial firms hostile to the energy industry, Wall Street is rolling out its fossil fuel bona fides to convince officials not to bar them from doing business with […]

Bloomberg commodities - energynewsbe
Energy Policy

Vast swath of U.S. at risk of summer blackouts, regulator warns

May 20, 2022 Mariel Alumit

A vast swath of North America from the Great Lakes to the West Coast is at risk of blackouts this summer as heat, drought, shuttered power plants and supply-chain woes strain the electric grid. Power […]

WHAT IS GOING TO HAPPEN TO DIESEL PRICES? ARE WE GOING TO $7 TO $9?
Commodities

What is going to happen to diesel prices? Are we going to $7 to $9?

May 19, 2022 Stu Turley

While you may have heard me talk about the new pricing matrix and key factors influencing the prices, there is a complicated problem with diesel fuel at the pump. If you listen to the mainstream […]

Transitional Energy - ENB
Exploration and Production

Transitional Energy Successfully Produces Geothermal Energy at Oil and Gas Well

May 19, 2022 Stu Turley

Denver, Colo. (May 19, 2022) – Transitional Energy — a majority women-owned, Indigenous-led geothermal technology and development company that turns oil and gas waste streams into renewable energy — today announced it has successfully generated […]

USA Oil and Gas
Industry Insights

USA Oil and Gas Employment Set to Rebound

May 19, 2022 Mariel Alumit

Employment in the U.S. oil and gas industry is set to rebound in the coming years and surpass pre-Covid levels, according to new research by Rystad Energy. The company noted that the total number of […]

Centennial Resource Development
Finance

Centennial Resource Development and Colgate Energy to Combine, Creating $7.0 Billion Permian Basin Pure-Play

May 19, 2022 Mariel Alumit

DENVER and MIDLAND, Texas, May 19, 2022 (GLOBE NEWSWIRE) — Centennial Resource Development, Inc. (“Centennial” or the “Company”) (NASDAQ: CDEV) and Colgate Energy Partners III, LLC (“Colgate”) today announced they have entered into an agreement […]

Gas prices
Political

Gas prices reach new record high as GOP senators blame Biden for holding production back

May 19, 2022 Mariel Alumit

Average gas prices in the U.S. reached a new record high Thursday, according to AAA’s gas price calculator, after Republican senators slammed the Biden administration for a “de facto ban on new drilling.” The national average cost of a […]

S&P ESG Index
Top News

Elon Musk Goes On The Attack After Tesla Cut From S&P ESG Index

May 19, 2022 Mariel Alumit

Tesla, the world’s leading maker of electric vehicles, has been cut from S&P’s ESG Index created for environmentally conscious investors owing to flaws in its business conduct and, ironically, aspects of the company’s low-carbon strategy. […]

Gasoline Prices
International News

Gasoline Prices Top $6 In California, $9 In Parts Of Europe

May 18, 2022 Mariel Alumit

Gas prices in both the United States and Europe hit new highs Wednesday, with average prices per gallon in California topping $6, compared to over $9 in Norway and Denmark as Russia’s war on Ukraine […]

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