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Home2022

Year: 2022

Electrical Generation / Utilities

Advocates want new solutions to reduce energy burden in Xcel’s rate case

December 17, 2022 Mariel Alumit

​ Community advocates are proposing new approaches to reducing the energy burden on low-income customers as part of Xcel Energy’s Minnesota rate case. The Energy CENTS Coalition and Just Solar Coalition say Xcel’s proposed rate […]

EnergyNews

Ohio ‘green’ natural gas bill motivated by ESG investing concerns, lawmaker says

December 17, 2022 Mariel Alumit

​ The author of an Ohio amendment that would classify natural gas as “green energy” said he hopes the legislation can help companies meet ESG investing standards. ESG refers to environmental, social and governance practices. […]

US Begins Buying Back Oil for Strategic Petroleum Reserve
Crude Oil News

US Begins Buying Back Oil for Strategic Petroleum Reserve

December 17, 2022 Mariel Alumit

The U.S. Energy Department said on Friday it will begin buying back oil for the Strategic Petroleum Reserve, or SPR, the first purchase since this year’s record 180 million barrel release from the stockpile. The […]

Crypto

And So It Begins: Digital Currency Becomes Possible In Our Future

December 17, 2022 Mariel Alumit

Authored by Claudio Grass via The Mises Institute, In mid-November, while the whole world was focused on the Ukraine crisis, the US midterms or whatever other “big story” the media decided was more important, a […]

Aljazeera International

IMF approves $3bn support package for Egypt

December 17, 2022 Mariel Alumit

The International Monetary Fund has approved a deal that will provide a $3bn support package to cash-strapped Egypt over almost four years, with the agreement expected to draw in an additional $14bn in financing for […]

Germany natural gas storage
Energy Crisis

Germany’s Gas Reserves “Emptying at Record Speed” As Country Struggles to Keep Warm, Lights On

December 17, 2022 Mariel Alumit

​Germany’s gas reserves are emptying at record speed: 1% per day as the current wind/solar energy lull means more gas gets burned for electricity, heating.  Pleiteticker.de here reports how Germany’s natural gas reserves “are emptying at […]

Aljazeera International

Russia launches another widespread missile attack on Ukraine

December 17, 2022 Mariel Alumit

Russian forces fired dozens of missiles across Ukraine on Friday, triggering widespread power outages, Ukrainian officials said. Gunfire from air defence systems and thudding explosions combined with the wail of air-raid sirens as the barrage […]

Geopolitical

5 Global Flashpoints Which Could Absolutely Explode During The Early Stages Of 2023 – What does that do to energy prices?

December 17, 2022 Mariel Alumit

Will 2023 be a year when extremely destructive conflicts erupt all over the world? We are certainly already living in a time of “wars and rumors of wars”, and tensions are approaching the boiling point […]

Crude Oil News

Oil Exports From Key Russian Port Cut In Half As Price Cap Kicks In – Could Mean Higher Oil Prices

December 17, 2022 Mariel Alumit

The market may have been too quick to dismiss the impact of European oil price cap on Russian oil. Assuming that the latest G-7 attempt to limit Russian oil revenues were one big nothingburger – […]

US in touch with Turkey over tanker delays
Geopolitical

Tankers are Stuck in the Maritime Trade Problems in the Black Sea and Beyond

December 17, 2022 Mariel Alumit

It’s no secret that international trade is still reeling from the COVID-19 pandemic, the war in Ukraine, and the energy and monetary problems both have caused. But a recent episode involving Turkey and its Black […]

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