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HomeUS Energy News

US Energy News

Crude Oil News

New Mexico Posts Oil-Output Record as Permian Basin Bounces Back

July 30, 2021 Stu Turley

New Mexico’s oil production surged to a record in May, lifting output to the second-highest in the nation and highlighting the Permian Basin’s role in leading the shale industry’s rebound from the pandemic. The southwestern […]

U.S. coal exports
CCUS

In 2020, the United States produced the least CO2 emissions from energy in nearly 40 years

July 26, 2021 Andy Del Prado

Source: U.S. Energy Information Administration, Monthly Energy Review Note: Click for full U.S. CO2 emissions chart. In 2020, as the country responded to the COVID-19 pandemic, CO2 emissions from energy consumption in the United States fell to the lowest level since […]

Coal

Clean Energy Producers Are Eyeing Old Coal Plants—for the Wiring

July 24, 2021 Tracey Woods

As demand for clean energy surges, would-be developers are struggling to find enough transmission lines to carry power to the people. One increasingly popular solution: retired coal plants. Much as a special-purpose acquisition company offers […]

U.S. coal exports
EIA News

Summer U.S. natural gas prices are the highest since 2014

July 23, 2021 Andy Del Prado

Source: Graph created by the U.S. Energy Information Administration (EIA), based on data from Natural Gas Intelligence Note: Waha and Henry Hub prices for February 11–18, 2021, exceeded the publication range. During this cold snap in Texas, Waha […]

Commodities

Eric Nutall says: The Bull Market Will Last 4-6 Years – We agree – but will be 8 to 10 years

July 22, 2021 Stu Turley

Eric Nuttall, partner and senior portfolio manager at Ninepoint Partners, joins BNN Bloomberg to discuss his outlook for the oil sector. He says we are in a structural bull market for oil that will conclude […]

Crude Oil News

Halliburton sees ‘multi-year upcycle’ as oil services return

July 21, 2021 Stu Turley

For the first time in seven years, Halliburton Co., the biggest provider of fracking services, is expanding in both U.S. and foreign markets as spending recovers in the global energy industry. “The economy feels more […]

crude oil - pipe
Cyber Warfare

New cybersecurity requirements for US critical pipeline owners

July 20, 2021 Stu Turley

The Department of Homeland Security on Tuesday required owners and operators of critical pipelines that transport hazardous liquids and natural gas to implement “urgently needed protections against cyber intrusions.” It was the second security directive issued by […]

Finance

Gas midstream sector’s ESG push in focus as Q2 earnings season begins

July 19, 2021 Stu Turley

Investors will be watching for signs that the pickup in commercial activity in recent months is sufficient to support new infrastructure growth opportunities. Many of the companies in the midstream sector have been focusing on […]

NuScale Power - EnergyNewsBeat
Electrical Generation / Utilities

NuScale Downsizes Idaho Plant from 12 to 6 Units

July 18, 2021 Stu Turley

NuScale Downsizes Idaho Plant from 12 to 6 Units (Idaho Falls Post Register) A project to build a first-of-its-kind nuclear reactor in eastern Idaho has been significantly downsized cutting in half the number of small […]

Bidens
Electrical Generation / Utilities

Biden Tax Increases Show Higher Energy Costs Are A Goal, Not A Glitch

July 11, 2021 Stu Turley

Writing back in January about President Joe Biden’s order to kill the Keystone XL Pipeline, I warned that that action was just an opening volley in a war on the domestic oil and gas business […]

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