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Home2021September

Month: September 2021

California Fuel Prices Set to Soar
Electrical Generation / Utilities

California wants air pollution rules suspended to burn more natural gas

September 13, 2021 Mariel Alumit

Bloomberg) –California is asking the federal government to declare an “electric reliability emergency” so the Golden State can lean more heavily on fossil fuels to avoid blackouts. The state’s main grid operator wants the U.S. […]

Commodities

$200 oil possible if climate change policies bring on ‘energy starvation,’ say industry insiders

September 13, 2021 Mariel Alumit

Is US$200 a barrel oil likely if policies to reduce climate change take hold? Yes, says a Middle East oil minister and industry analysts. But not until the mid-century deadline for net-zero emissions. It would […]

Bank of America -energynewsbeat.com
Commodities

Why Bank Of America Thinks Oil Prices Are Heading To $100

September 13, 2021 Mariel Alumit

Oil prices could hit $100 per barrel over the next six months if we have a colder-than-usual winter, which could be the most important driver of global energy markets in the coming months, Bank of America […]

Commodities

Here are three reasons why the natural gas prices could still double from here.

September 13, 2021 Mariel Alumit

It has been a shift in commodity matrices like never before, where supply and demand are still critical, but not the only factors. Geopolitical, natural gas hunger, low supplies in Europe and Asia, and no […]

U.S. coal exports
EIA News

EIA releases plant-level U.S. biofuels production capacity data

September 13, 2021 Mariel Alumit

As of January 1, 2021, total U.S. biofuels plant production capacity reached 21 billion gallons per year (gal/y) (or 1.3 million barrels per day [b/d]), as reported by 278 facilities. Fuel ethanol producers accounted for […]

ENB Podcast

“An Intellectually Honest Approach To Climate Change” – A discussion with Goodrich Petroleum

September 13, 2021 Stu Turley

There are some topics that are important to me are around the Dispraportantly Impacted Countries and Communities. Energy policies around the world seem to be written with emotion rather than a holistic look to a […]

Electrical Generation / Utilities

Record-Breaking Energy Prices Could Soar Even Higher In Europe

September 11, 2021 Stu Turley

The European electricity market is in crisis as a perfect storm is driving up prices to ever greater heights. The timing couldn’t have been worse as countries across the continent are reopening and energy demand […]

Gas pumps -ENB
Commodities

Robust Gasoline Consumption Fuels Record-High U.S. Oil Demand

September 11, 2021 Stu Turley

U.S. oil demand continues its upward trajectory—reaching a record high last week–while product inventories have fallen to the lowest levels in three years. If the demand trend holds, oil prices have room to rise even […]

Electrical Generation / Utilities

Poland Wants to Detail EU Role in Surging Electricity Prices

September 11, 2021 Stu Turley

Facing a steep and unpopular increase in power prices, the Polish government wants electricity invoices to specify the additional costs households face due to European Union climate policies. The bloc’s most coal-dependent nation will need to increase […]

Phillips 66
Downstream

Oil Refiner Phillips 66 May Idle Hurricane-Ravaged Facility

September 11, 2021 Stu Turley

Phillips 66 may idle a New Orleans-area refinery that suffered so much damage during Hurricane Ida that repairs may be too costly, according to people familiar with the operation. Chief Executive Officer Greg Garland is […]

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