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Home2024May

Month: May 2024

Offshore Wind Industry
Offshore

Full-blown Financial Meltdown: Offshore Wind Industry’s Collapse Accelerates

May 15, 2024 Mariel Alumit

America’s offshore wind industry is collapsing, both figuratively and literally. Offshore turbines have grown in capacity and size to the point where they simply collapse into the ocean. As do the financial prospects of those […]

CNX
Hydrogen

CNX plans $1.5B hydrogen fuels plant at Pittsburgh airport, but wants federal tax credit to build it

May 15, 2024 Mariel Alumit

HARRISBURG — Natural gas producer CNX Resources said it plans to build a $1.5 billion facility at Pittsburgh’s airport to make hydrogen-based fuels, but only if President Joe Biden’s administration allows coal mine methane to […]

Dead whale
Offshore

Dead whale washes up on Pismo Beach amid offshore sonar use

May 15, 2024 Mariel Alumit

A dead whale washed up on Pismo Beach Sunday morning amid a company’s use of sonar off the coast. The small whale carcass appeared on the shore near Tower 5 north of the Pismo Pier, […]

Biden
Electric Vehicles

Biden ratchets up tariffs on Chinese EVs, solar, batteries

May 15, 2024 Mariel Alumit

The Biden administration moved Tuesday to block China’s access to the American market for clean energy technology by doubling duties on solar cells and effectively quadrupling the price of electric vehicles from China. The actions […]

Biden
Climate Crisis

How tariffs threaten Biden’s climate goals

May 15, 2024 Mariel Alumit

President Joe Biden is raising the price of clean energy components imported from China to accelerate America’s building spree of solar panels, batteries and electric vehicles. But it jeopardizes the United States’ goal of slashing […]

UK
Energy Crisis

UK businesses struggle with soaring energy costs

May 15, 2024 Mariel Alumit

A recent report from Centrica Business Solutions reveals that more than half (56%) of UK businesses plan to increase their onsite energy generation capacity within the next two years. The report, titled “How data, onsite […]

electric and hybrid vehicle sales
EIA News

U.S. share of electric and hybrid vehicle sales decreased in the first quarter of 2024

May 15, 2024 Mariel Alumit

The share of electric and hybrid vehicle sales in the United States decreased in the first quarter of 2024 as battery electric vehicle (BEV) sales declined. Hybrid vehicles, plug-in hybrid electric vehicles, and BEVs fell to 18.0% […]

gasoline prices
Downstream

Higher refining costs could increase summer gasoline prices

May 15, 2024 Mariel Alumit

Average monthly prices for regular-grade retail gasoline in the United States could increase by more than 10 cents per gallon (gal) if refinery output is lower than expected, according to an analysis we published on […]

seaborne diesel
Diesel

Russia’s seaborne diesel trading partners shifted after Feb 2023 sanctions

May 15, 2024 Mariel Alumit

In 2023, Brazil and Saudi Arabia replaced France and Germany as the countries with the second- and third-most seaborne diesel imports from Russia after sanctions related to Russia’s petroleum product trade went into effect in February 2023. […]

Washington
Geopolitical

African state reveals why it canceled defense deal with Washington

May 15, 2024 Mariel Alumit

US officials had threatened to impose sanctions on Niger, the Sahel nation’s prime minister told the Washington Post Niger’s decision to scrap military ties with the US was in response to threats made by American […]

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