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HomeUS Energy News

US Energy News

What is your number one rule of investing? Is it follow the money and not the latest Covid Variant?
Commodities

What is your number one rule of investing? Is it follow the money and not the latest Covid Variant?

November 30, 2021 Stu Turley

The latest price drop on oil and gas has caused quite a stir in the energy markets. There are still a couple of standards that we have to follow. Men should listen to their wives […]

OPEC + Leadership - Energy News Beat
Commodities

Fuel for Thought: OPEC+ to set tone for 2022 with response to US oil release, COVID-19 variant

November 30, 2021 Mariel Alumit

OPEC+ is weighing its supply options after the US-led attempt to lower prices by releasing stocks has been complicated by major a sell-off after resurgent COVID-pandemic fears. How it responds will set the tone for oil […]

U.S. coal exports
Biofuels

EIA expands data coverage of biofuels in our Monthly Energy Review

November 29, 2021 Mariel Alumit

Source: U.S. Energy Information Administration, Monthly Energy Review In October 2021, we began publishing expanded data on biofuels other than ethanol in our Monthly Energy Review (MER), including production, imports, feedstocks, and consumption. The expanded biofuels data provide a […]

Natural Gas
EIA News

Most planned U.S. natural gas-fired plants near Appalachia, Florida, and Texas

November 29, 2021 Mariel Alumit

Source: U.S. Energy Information Administration, Monthly Electric Generator Inventory Between 2022 and 2025, 27.3 gigawatts (GW) of new natural gas-fired capacity is scheduled to come online in the United States, according to our latest Monthly Electric Generator Inventory. […]

Texas power lines -ENB
EIA News

Major U.S. utilities spending more on electricity delivery, less on power production

November 29, 2021 Mariel Alumit

Source: Graph by the U.S. Energy Information Administration, based on data from Federal Energy Regulatory Commission (FERC) Financial Reports, as accessed by Ventyx Velocity Suite Over the past decade, major utilities in the United States have […]

oil storage - energynewsbeat.com
Crude Oil News

Recent legislation would reduce the U.S. Strategic Petroleum Reserve

November 29, 2021 Mariel Alumit

Source: U.S. Energy Information Administration, Petroleum Supply Monthly and Congressional legislation On Tuesday, November 23, the White House announced plans to make 50 million barrels of crude oil available to the market through a combination of exchanges and accelerating previously […]

Commodities

Biden’s Blunder Could Send Oil Prices To $100

November 28, 2021 Mariel Alumit

Oil prices may have crashed below $70 on Friday due to renewed Covid fears, but if those fears prove to be unfounded then oil prices could soar President Biden’s efforts to push oil-importing countries to […]

Endbridge - EnergyNewsBeat.com
Crude Oil News

Enbridge Responds to Canada Energy Regulator Decision to Deny Mainline Contracting

November 28, 2021 Mariel Alumit

Enbridge Inc. (Enbridge or the Company) (TSX: ENB) (NYSE: ENB) today responded to the Canada Energy Regulator’s (CER) November 26, 2021 decision to deny the implementation of contracting for firm service on the Enbridge Canadian Mainline […]

Microgrid

Markets face weeks of uncertainty in wait for Omicron answers

November 28, 2021 Mariel Alumit

The current draft of the California Climate Adaptation Strategy fails to mention power outages and doesn’t suggest distributed energy resources (DER) and microgrids as resilience measures, say several stakeholders. The draft aims to accelerate climate […]

Markets face weeks of uncertainty in wait for Omicron answers
Finance

Markets Face Weeks of Uncertainty in Wait for Omicron Answers

November 28, 2021 Mariel Alumit

Scientists need time to assess risks posed by the Covid strain BCA sees elevated volatility, Goldman flags short-term hedges Fearful investors fled stocks worldwide Friday and flocked to havens such as sovereign bonds as volatility […]

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