During the 2020 election, then-candidate Joe Biden campaigned on ending fossil fuels. Now, his administration’s decision made in January — a so-called “pause” on pending liquified natural gas (LNG) exports — comes during an election year yet […]
Russia’s leading natural gas and LNG exporters, Gazprom and Novatek, have taken the first tentative steps towards redirecting their sales volumes to the East as Moscow’s standoff with the West over the war in Ukraine […]
(Updated – April 3, 2024 10:31 AM EDT) Crude Inventory 3.21M Barrels vs 9.4K Expected Cushing -377K Gasoline -4.26M vs -453K Expected Distillate -1.27M vs -663K Expected Summary of Weekly Petroleum Data for the week […]
NEW YORK, April 3 (Reuters) – Oil prices settled at their highest levels since late October on Wednesday as investors worried about supply disruptions from a worsening geopolitical landscape, although a jump in U.S. crude […]
In a statement posted on its website recently, the U.S. Bureau of Ocean Energy Management (BOEM) announced the next steps in the national outer continental shelf oil and gas leasing program. “The Bureau of Ocean […]
The Biden Regime canceled its plan to refill the Strategic Petroleum Reserve because oil is “way too expensive.” This comes as gas prices are once again skyrocketing. Recall that Biden drained the SPR to its […]
With Brent crude oil closing in on $90 per barrel on Wednesday, Bank of America energy analysts have boosted their price forecast for this year to average $86 per barrel and peak this summer at […]
Following a multi-year public process, the Tennessee Valley Authority has made the decision to retire its Kingston Fossil Plant and build a state-of-the-art energy complex at the site by the end of 2027. “Kingston is, […]
The Dutch Senate has delayed a vote on the permanent closure of the Groningen gas field, which is set for October 1 due to earthquakes in the area, as several parties have asked for guarantees that the […]
Transportation Secretary Pete Buttigieg rejected criticism of the Biden administration’s push for America to embrace a future where electric vehicles (EVs) overtake internal combustion engines, comparing the dynamic to that of landline phone loyalists at the dawn […]
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