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HomeUS Energy News

US Energy News

Climate Crisis

Biden’s Infrastructure Bill Will Boost Oil Demand – Kind of Ironic Don’t’ You Think?

November 10, 2021 Mariel Alumit

ENB Publishers Note: People who follow our podcasts, articles, and videos know that it is not a matter of if we should go to renewables, it is how we get there. What the world is […]

Not ready for electrical future
EIA News

U.S. electricity customers experienced eight hours of power interruptions in 2020

November 10, 2021 Mariel Alumit

Source: U.S. Energy Information Administration, Annual Electric Power Industry Report On average, U.S. electricity customers experienced just over eight hours of electric power interruptions in 2020, the most since we began collecting electricity reliability data in 2013. […]

CCUS

The White House Releases a Plan to Reduce Methane Emissions

November 9, 2021 Mariel Alumit

The White House Office of Domestic Climate Policy has just released its US Methane Emissions Reduction Action Plan, laying out several steps that can be taken to reduce the amount of methane leaked from oil […]

Commodities

Trump’s former energy secretary claims Biden’s policies could lead to ‘disaster’

November 9, 2021 Mariel Alumit

Source: CNBC Oil and natural gas prices have leaped globally in the last three months. Former U.S. Secretary of Energy Rick Perry said $100 oil within next six months is possible. “The potential for disaster […]

Commodities

Crude oil demand returns faster than supply, increasing prices and reducing inventories

November 9, 2021 Mariel Alumit

Source: U.S. Energy Information Administration and Bloomberg The price of U.S. benchmark West Texas Intermediate (WTI) crude oil is near its highest level since 2014, increasing rapidly from low prices in mid-2020. Because of the economic […]

New Mexico - Steve Pearce - ENB
Political

Europe’s green crisis a red flag for New Mexico

November 7, 2021 Stu Turley

While Gov. Lujan Grisham is in Scotland touting the need to address climate change, President Biden, at the recent G-20, pleaded with other nations to increase their oil production to lower the price of gasoline. Maybe […]

Electrical Generation / Utilities

Thiel-Backed Helion Targets 2024 Breakthrough for Nuclear Fusion

November 7, 2021 Stu Turley

Helion Energy Inc., a startup backed by billionaire investor Peter Thiel, raised $500 million to fund a system it says will be the first to generate net electricity from nuclear fusion, in 2024. The Series […]

Exports

Two U.S. Gas Exporters Are Closer to Easing the Energy Crisis

November 7, 2021 Stu Turley

Two U.S. natural gas exporters said they’re moving closer to expanding supplies of the power-plant and heating fuel as a global shortage roils economies from the U.K. to China. Venture Global LNG is “very close” to […]

Exports

Natural gas powerhouse Venture Global signs largest-ever supply deal by an American company

November 7, 2021 Stu Turley

U.S.-based Venture Global LNG on Thursday announced a 20-year supply deal with China’s Sinopec. Venture Global CEO Mike Sabel told CNBC the deal is worth $30 billion. The deal also makes Venture Global the top […]

Exploration and Production

Big Oil Is Finally Ready To Boost Spending

November 4, 2021 Mariel Alumit

All five oil and gas supermajors are looking to boost capital spending in 2022. Despite some of Big Oil reporting strongest earnings in years and record cash flows, capital discipline remains a key pillar of […]

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