Source: U.S. Energy Information Administration, Natural Gas Monthly In January 2022, natural gas consumed for electric power in the United States averaged 31.6 billion cubic feet per day (Bcf/d), the highest January average on record and the […]
Prices at the pump are at a record high. The national average for a gallon of gasoline hit $4.418 on Thursday, according to AAA. Retail diesel prices are also at an all-time high. Retail diesel […]
Big investors are starting to warm to energy. For more than five years, endowments, pension funds, and other so-called institutional investors shunned the oil-and-gas industry because of big losses and concerns about climate change. Now some […]
There are some things that are just fun. Watching my daughter play volleyball and getting to speak at John Mauldin’s SIC2022 conference yesterday. The title of SIC2022 is “Goodbye Normal, the most important SIC we’ve […]
Diesel prices have hit record highs due to very tight domestic inventories and a global supply shortage. A combination of spiking demand as the world recovers from Covid and falling supply due to Russia’s invasion […]
ConocoPhillips shareholders rejected a proposal for the oil explorer to set more rigorous targets for greenhouse-gas emissions. More than 60% of shareholders voted against the plan during its annual meeting on Tuesday, according to preliminary results […]
Source: Graph by the U.S. Energy Information Administration, based on data from Bloomberg The U.S. price of ammonia, the primary source of nitrogen fertilizer, has risen by a factor of six in the past two years, […]
Utopian energy fantasies are turning California (CA) into a dystopian nightmare. CA’s energy policies amount to a bold suicide plan worthy of a collective Darwin award. Traditional Darwin Awards honor people who improve the human […]
The idea is to capture carbon dioxide and store it in old oil and gas wells under the sea. From Texas Standard: Carbon capture is one of the-up-and-coming tools to combat the gas emissions that fuel […]
Inflation in the oil sector is worsening and industry executives see no reason to expect cost pressures on everything from steel pipe to frac sand to ease any time soon. The price spiral has been […]
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