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Home2024June

Month: June 2024

Chinese coal
Coal

Chinese coal terminals ‘bursting at the seams’

June 28, 2024 Clark Savage

  High rainfall, increased hydropower, and preparation for the hot summer months are all contributing to very full coal terminals up and down the Chinese coastline. “Port storage is bursting at the seams, and it […]

Home
Finance

Demand for Homes Drops to (Near) Record Low as Inventory Rises. Now Come the “Stabilizing Home Prices”: NAR

June 27, 2024 Stu Turley

“The market is at an interesting point with rising inventory and lower demand”: National Association of Realtors By Wolf Richter for WOLF STREET. We here in our little corner don’t normally more than glance at the “pending home […]

UK
International News

Majority of UK renewable projects fail at planning stage

June 27, 2024 Clark Savage

Two thirds of applications for renewable projects in the UK failed to get through the planning stage, according to a new study. Between 2018 and 2023, 63% of new renewable energy schemes were either abandoned, […]

Biden
Energy Crisis

Joe Biden’s Energy Policies Are Based on Fantasies and Fairy Tales

June 27, 2024 Clark Savage

In March, PJM Interconnections, a regional electricity transmission organization (RTO) serving the greater Mid-Atlantic region, released its annual load forecast report outlining forecasted electricity demand for its service area. The report indicates PJM expects demand […]

Biden administration
Energy Policy

Texas regulator calls on Biden administration to restart LNG exports to support Ukraine

June 27, 2024 Clark Savage

(WO) – Following recent reports that the Biden Administration’s federal moratorium on new liquified natural gas (LNG) export plants is prohibiting Ukraine from purchasing American LNG, Railroad Commissioner Wayne Christian slammed the administration’s policy and […]

Gazprom
Finance

Polish Firm Warns European Companies It Could Seize Their Payments to Gazprom

June 27, 2024 Clark Savage

Poland’s energy firm Orlen has warned gas companies in three other central European countries that it could seize their payments to Gazprom for natural gas imports as part of a claim against the Russian gas […]

Europe's
Geopolitical

The Devil’s Brew — Putin Lures Europe’s Addicts

June 27, 2024 Clark Savage

In less than six months, Ukraine will face a momentous choice: End its role as Europe’s historical corridor for Russian gas and sever another link with the aggressor, or extend the transit deal and remain […]

Shale
Crude Oil News

Shale Executives See Mergers Squeezing US Oil Production

June 27, 2024 Clark Savage

US oil production will decline if the corporate-acquisition spree sweeping the shale sector is prolonged, according to a Federal Reserve Bank of Dallas survey. More than 50 percent of oil executives told the Dallas Fed they foresee […]

Net Zero
Energy Policy

DAVID BLUNKETT A backlash against Net Zero has begun… and politicians need to listen to the people

June 27, 2024 Clark Savage

IT may not have touched the consciousness of people here (why would it?), but across 27 countries of Europe, there was, two weeks ago, an election for the European Parliament. On the back of it […]

Statistical Review of World Energy
Coal

The Key Takeaways of the 2024 Statistical Review of World Energy

June 27, 2024 Clark Savage

Global energy consumption and emissions climbed to record highs in 2023. Renewable energy generation grew rapidly, but fossil fuels still account for most energy use. Coal production and consumption were the highest ever, oil consumption […]

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