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Home2021November

Month: November 2021

Energy Policy

Democrats call on Joe Biden to lower gas prices, support tax hikes, other regulations on the industry

November 22, 2021 Mariel Alumit

Eleven U.S. Senate Democrats have called on President Joe Biden to do something about rising gas prices while also expressing support for policies that energy industry says are contributing to seven-year high costs at the […]

In gasoline-guzzling U.S., high pump prices can be political poison -ENB
Commodities

Explainer: In gasoline-guzzling U.S., high pump prices can be political poison

November 22, 2021 Mariel Alumit

President Joe Biden launched an aggressive attack on gasoline prices last week, enlisting China and other nations in a possible joint release of oil reserves, and sharpening a probe into oil giants’ pricing. The efforts […]

Pumpjack - Midland Texas
Crude Oil News

Goldman calls oil’s recent fall excessive, reiterates $85 forecast

November 22, 2021 Mariel Alumit

The recent declines in oil prices were “excessive” given that the oil market remains in a deficit, Goldman Sachs said, adding that it reiterates its $85-per-barrel forecast for the fourth quarter. Oil prices came off […]

Electrical Generation / Utilities

Nuclear Fusion Startup Helion to Produce 7th Generation Prototype Upon Receiving US$2.2 Billion Fund

November 22, 2021 Mariel Alumit

US nuclear fusion startup Helion Energy recently completed a Series E funding of US$500 million, which will be used to establish the prototype for the 7th generation reactor Polaris that is expected to become the […]

Oil tank storage -ENB
Commodities

Oil dives 3% to below $80/bbl on resurgent pandemic in Europe

November 20, 2021 Stu Turley

ENB Publishers Note: Releasing oil from the STRs of multiple countries will have an inverse effect on the long-term markets. Releasing the STRs that were purchased at lower price points will give the countries that […]

U.S. coal exports
Biofuels

EIA expands data coverage of biofuels in our Monthly Energy Review

November 19, 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 […]

Greg McLean ENB Podcst Interview - Parlement for Calgary Cenrtre
Climate Crisis

ENB – Interview with Greg McLean, Conservative Member of Parliament for Calgary Centre – We talk ESG and Canadian – US Politics

November 19, 2021 Stu Turley

We sit down and have a great talk with Greg McLean, Member of Parlement in the Calgary Centre. It is a great talk about ESG, international energy, and the success and failures of past and […]

Texas power lines -ENB
Electrical Generation / Utilities

Southern Teams Up With Gates-Backed TerraPower on Small Nuclear Reactor

November 18, 2021 Mariel Alumit

Southern Co. has agreed to design and build an advanced demonstration nuclear reactor using technology developed by the Bill Gates-backed company TerraPower LLC. Southern plans to build the molten-chloride reactor at Idaho National Laboratory, according […]

Crude Oil News

Energy Crisis Gives Canada Oil Sands Windfall for Green Projects

November 18, 2021 Mariel Alumit

The global energy crisis that many blame on efforts to move away from fossil fuels is actually giving new momentum to the shift to renewables in Canada, according to some of the bankers helping oil-sands […]

South Korea
Electrical Generation / Utilities

Texas, Midwest at Risk of Blackouts If Winter Brings Deep Freeze

November 18, 2021 Mariel Alumit

Power grids from Texas to the U.S. Midwest are at risk of blackouts if a prolonged deep freeze sets in this winter, regulators warned Thursday. The main Texas grid could see a power shortfall of […]

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