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HomeUS Energy News

US Energy News

Chevy Bolt - Energy News Beat
Carbon Credit

US Senate keeps tax credits intact in budget bill

December 14, 2021 Stu Turley

That is according to a 1,180-page portion of the budget bill that Senate Democrats released late on 10 December. The updated text is similar to what the Democratic-led US House of Representatives passed last month, […]

How will OPEC + meeting dragging on for 13 days impact U.S. Gasoline prices?
Crude Oil News

How will OPEC + meeting dragging on for 13 days impact U.S. Gasoline prices?

December 12, 2021 Mariel Alumit

There are some things that don’t add up in the world, like the knee-jerk reaction to Omicron, how your wife and kids figured out inflation and asked for more money, and the non-decision of OPEC […]

Doing Nothing Is the Best Oil Producers Can Do Right Now
Commodities

Doing Nothing Is the Best Oil Producers Can Do Right Now

December 12, 2021 Mariel Alumit

The OPEC+ meeting that began on Dec. 1 is still technically “in session” 11 days later. Remarkably, perhaps, it’s still short of being the oil producer group’s longest gathering — it has another week to go to beat the one held […]

Coal

Biden halts federal aid for overseas fossil fuel projects – with plenty of exceptions

December 11, 2021 Mariel Alumit

WASHINGTON (Bloomberg) –The Biden administration has ordered an immediate halt to new federal support for coal plants and other carbon-intensive projects overseas, a major policy shift designed to fight climate change and accelerate renewable energy worldwide. The […]

Activist Investors Call On Exxon To Replace Its CEO
Big Oil Companies

Activist Investors Call On Exxon To Replace Its CEO

December 11, 2021 Mariel Alumit

It seems like “activist” environmentalist investors in Exxon simply aren’t ever going to be happy. A group of these investors is now urging Exxon to replace its CEO and move even quicker to slash greenhouse gasses, […]

EIA News

U.S. liquefied natural gas export capacity will be world’s largest by end of 2022

December 10, 2021 Mariel Alumit

Source: U.S. Energy Information Administration, database of U.S. LNG export facilities U.S. liquefied natural gas (LNG) export capacity has grown rapidly since the Lower 48 states first began exporting LNG in February 2016. In 2020, the United States became the world’s […]

Power Grid Weatherization Efforts Enter Home Stretch Before Winter
Electrical Generation / Utilities

Power Grid Weatherization Efforts Enter Home Stretch Before Winter

December 10, 2021 Mariel Alumit

Texas will soon enter its first winter after last February’s statewide blackouts caused by a winter storm. The state has undergone significant reforms of its power grid, natural gas supply chain, and electricity market in […]

Finance

Texas Threatens to Pull Funds from Banks That Boycott Fossil Fuel Companies

December 10, 2021 Mariel Alumit

A group of 15 state fiscal officers, including Texas Comptroller Glenn Hegar, signed a letter to U.S. banks threatening to pull $600 billion in funds from entities that spurn fossil fuel industry financing. “At a […]

ESG

Devon Energy Doles Out $10,000 Bonuses as Oil Boom Times Roar Back

December 9, 2021 Mariel Alumit

Devon and WPX Energy completed their combination in January Oil producer’s stock price has risen about 185% this year Devon Energy Corp.’s rank-and-file workers are in for a surprise holiday treat: $10,000 bonus checks. In […]

LNG Cargo Prices Rising Faster Than Bitcoin - Energy News Beat
EIA News

U.S. liquefied natural gas export capacity will be world’s largest by end of 2022

December 9, 2021 Mariel Alumit

Source: U.S. Energy Information Administration, database of U.S. LNG export facilities U.S. liquefied natural gas (LNG) export capacity has grown rapidly since the Lower 48 states first began exporting LNG in February 2016. In 2020, the United States became the world’s […]

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