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HomeUS Energy News

US Energy News

U.S. coal exports
Renewables Not Sustainable

Renewable Energy Expected to Supply 44 Percent of U.S. Electricity by 2050, EIA Projects

March 18, 2022 Stu Turley

In U.S. Energy Information Administration’s (EIA) Annual Energy Outlook 2022 (AEO2022) Reference case, which reflects current laws and regulations, EIA projects that the share of U.S. power generation from renewables will increase from 21% in 2021 to 44% […]

U.S. Shale Oil and Gas Are the Key to a Renewable Future
Commodities

U.S. Shale Oil and Gas Are the Key to a Renewable Future

March 18, 2022 Stu Turley

A proper price for oil and gas would allow investors to earn returns on their capital while also accounting for the effect carbon emissions have on the planet. The damage from fossil fuels is real, […]

Kern County is ready to Drill
Crude Oil News

Kern County Supervisors approve to request suspension of state limitations on oil and gas

March 17, 2022 Stu Turley

ENB Publishers Note: Kern County in California is one of the best oil fields in the United States. It is mind-blowing that California has imported 20% of its oil from Iran even though there were […]

Lake Powell hits historic low, raising power concerns
Electrical Generation / Utilities

Lake Powell hits historic low, raising power concerns “We clearly weren’t sufficiently prepared for the need to move this quickly”

March 17, 2022 Mariel Alumit

By Sam Metz and Felicia Fonseca | Associated Press SALT LAKE CITY — A massive reservoir known as a boating mecca dipped below a critical threshold on Tuesday raising new concerns about a source of […]

U.S. ESG shareholder resolutions up 22% to record level for 2022, study finds
ESG

U.S. ESG shareholder resolutions up 22% to record level for 2022, study finds

March 17, 2022 Mariel Alumit

March 17 (Reuters) – U.S. corporations face an unprecedented wave of shareholder resolutions focused on ESG themes for 2022, a new review shows, as activists look to build on favorable regulatory changes and more executives […]

Texas oil and gas has gained 16,000 jobs in the past year, new report says
Crude Oil News

Texas oil and gas has gained 16,000 jobs in the past year, new report says

March 16, 2022 Mariel Alumit

The Texas Independent Producers and Royalty Owners Association announced Friday the Texas oil and gas industry saw gains of more than 1,000 jobs between December 2021 and January 2022 — and more than 15,000 positions in the […]

Port Harcourt Refinery - Energy News Beat
Top News

Oil Prices Slip On Surprise Crude Inventory Build

March 15, 2022 Andy Del Prado

The American Petroleum Institute (API) estimated that there was a surprise build this week for crude oil of 3.754 million barrels, compared to analyst predictions of a 1.867 million barrels draw. U.S. crude inventories have shed some […]

Finance

Oil and Gas Share Buybacks Boomed Before Energy Prices Hit Highs

March 15, 2022 Andy Del Prado

Oil and gas producers drove a surge in share buybacks in the fourth quarter, before energy prices hit their highest in over a decade this year, according to data from S&P Dow Jones Indices. The […]

Biden wants U.S. oil to drill more. Here’s why they’re holding back
Commodities

Biden wants U.S. oil to drill more. Here’s why they’re holding back

March 13, 2022 Stu Turley

The war in Ukraine has touched off a feud between the White House and the U.S. oil industry as many companies reap record profits from rising prices despite pumping less crude than before the pandemic, […]

Gasoline prices displayed at a Chevron station in Los Angeles, on March 7.Photographer: Marcio Jose Sanchez/AP
Climate Crisis

What does California’s high gas prices at the pump have to do with Russia and Iran sanctions?

March 11, 2022 Stu Turley

California’s energy policies have continued to negatively impact its citizens over the last 10 years. and the world’s geopolitical situations have just caused some real problems for oil prices.  While the Russian and Iranian geopolitical […]

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