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Home2024July

Month: July 2024

oil
Crude Oil News

‘Will you stop exploring yours?’: Latin America forges ahead on new oil frontier

July 9, 2024 Clark Savage

About half the countries in the region are experiencing a rush in oil exploration that threatens the global drive to achieve net zero. But many argue that they have a right to enrich themselves in […]

Freeport LNG
Exports

Freeport LNG terminal in Texas shut down due to Hurricane Beryl

July 9, 2024 Clark Savage

US LNG terminal operator Freeport LNG has shut down its three-train liquefaction and export plant in Texas due to Hurricane Beryl. “We safely ramped down production at our liquefaction facility on Sunday, July 7, ahead […]

Net Zero
Climate Crisis

Biden’s Net Zero Plans Have Sent Prices Soaring. It’s Going To Get Worse

July 9, 2024 Clark Savage

Biden’s betting big on his ‘net zero’ agenda as part of his misguided ideological climate-control vision, even as Americans get walloped. The Biden administration doggedly has pursued a “net zero” climate-control policy since President Joe […]

NBC News
Climate Crisis

NBC News Inadvertently Exposes California’s Taxpayer-Funded Solar Follies

July 9, 2024 Clark Savage

An NBC News item on lost solar energy unwittingly exposes the folly of big-government climate policies such as the Green New Deal. An NBC News item on lost solar energy inadvertently exposes the folly of […]

EV adoption
Climate Crisis

Electric Vehicle Adoption Stalls Out As Americans Snub The Pricey Cars

July 9, 2024 Clark Savage

The road to widespread EV adoption is proving to be bumpy, with several obstacles threatening to stall progress. The electric vehicle revolution is encountering significant hurdles as consumers grapple with high costs, infrastructure challenges, and […]

U.S. jet fuel consumption
EIA News

U.S. jet fuel consumption in 2023 remained below the pre-pandemic high

July 9, 2024 Clark Savage

Annual jet fuel consumption in the United States grew in 2023 for the third year in a row but remained below the pre-pandemic peak in 2019, suggesting U.S. aviation had not fully returned to normal […]

energy
Electrical Generation / Utilities

The future of US energy: more like Texas or Germany?

July 9, 2024 Clark Savage

In an article in the August issue of National Review, Mario Loyola warns of a looming energy crisis in the United States that would be largely self-inflicted. Stated simply, it’s a case of increasing demand and […]

Shell
International News

MET, Shell ink 10-year US LNG supply deal

July 9, 2024 Clark Savage

Switzerland-based energy trader MET Group has entered into a 10-year deal to buy US LNG volumes from LNG giant Shell. According to MET, the company’s primary objective is to supply its European customers with US […]

Glencore
International News

Glencore seals long-term LNG supply deal with China’s Shenzhen Energy

July 9, 2024 Clark Savage

China’s power generation firm Shenzhen Energy has signed a long-term deal to buy liquefied natural gas (LNG) from a unit of Switzerland-based energy trader Glencore. Shenzhen Energy’s unit SE Gas Holding signed the purchase and […]

renewables
Finance

Germany embarks on ‘radical change’ to finance renewables

July 9, 2024 Clark Savage

  A government compromise in Berlin envisions radical changes to the country’s renewables subsidy approach and details a fleet of backup power plants to underpin the country’s coal exit. Designed in the late 1990s, Germany’s […]

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