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HomeUS Energy News

US Energy News

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 […]

Coal

In September, the United States was at its lowest coal stockpiles since 1978

December 8, 2021 Mariel Alumit

Source: U.S. Energy Information Administration, Electricity Monthly Update and Monthly Energy Review Coal stockpiles at U.S. electric power plants totaled 80 million tons at the end of September, the lowest monthly level since March 1978. As U.S. coal plants […]

U.S. coal exports
EIA News

North Dakota’s natural gas producers meet the state’s natural gas capture target

December 8, 2021 Mariel Alumit

Source: Graph by the U.S. Energy Information Administration, based on data from North Dakota Pipeline Authority, Historical monthly gas production and sales statistics; North Dakota Department of Mineral Resources, North Dakota Industrial Commission Order 24665 Policy/Guidance In North […]

Coal

In September, the United States was at its lowest coal stockpiles since 1978

December 7, 2021 Mariel Alumit

Source: U.S. Energy Information Administration, Electricity Monthly Update and Monthly Energy Review Coal stockpiles at U.S. electric power plants totaled 80 million tons at the end of September, the lowest monthly level since March 1978. As U.S. coal plants […]

Permian Flaring -ENB
CCUS

Permian Drillers Told by Lawmakers to Disclose Methane Leaks

December 5, 2021 Mariel Alumit

Oil producers in the Permian Basin must do more to disclose and stop the leak of methane, a powerful greenhouse gas, a House committee wrote in a letter to 10 major oil companies. The letter from the […]

Alaska Cook inlet -ENB
Crude Oil News

Confronting painful truths on Cook Inlet’s natural gas future

December 5, 2021 Mariel Alumit

  Owners of old cars know the painful “repair-or-replace” decision. Repairing avoids spending time and money on car shopping, but sooner or later, another lingering problem sends you back to the shop. Rather than waste […]

Crude Oil News

More OPEC production and higher global natural gas prices widen crude oil price spreads

December 3, 2021 Mariel Alumit

Source: Graph by the U.S. Energy Information Administration, based on data from CME Group, as compiled by Bloomberg L.P. Recently, prices of high-sulfur crude oils have been declining relative to low-sulfur crude oils. Rising crude oil […]

California Drought -ENB
EIA News

California hydroelectric facilities continue to respond to prices despite drought

December 1, 2021 Mariel Alumit

Source: Graph by the U.S. Energy Information Administration, based on data from the California Independent System Operator (CAISO). Despite widespread, intense drought conditions, hydroelectric power plants in the California Independent System Operator (CAISO), the grid operator for most of […]

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