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Home2024July

Month: July 2024

Climate Crisis

Court blocks Biden’s LNG Ban

July 3, 2024 Andy Del Prado

Daily Standup Top Stories Court blocks Biden admin’s ban on new LNG exports – Is this because of the Chevron Deferenence Supreme Court Decision? July 1, 2024 Stu Turley A federal judge issued a ruling Monday […]

Inflation
Finance

Inflation Saga Far from Over: Services CPI in the Euro Area Refuses to Slow for 8th Month in a Row

July 2, 2024 Stu Turley

By Wolf Richter for WOLF STREET. In the 20 countries that use the euro, inflation in services increased again by 4.1%, same increase as in May – and both were the highest since October. The service CPI has […]

OPEC’s Oil Production
Crude Oil News

OPEC’s Oil Production Continues to Rise Despite OPEC+ Pledges

July 2, 2024 Mariel Alumit

Higher production in Nigeria and Iran boosted OPEC’s oil production in June for a second month in a row, according to the monthly Reuters survey published on Tuesday. OPEC’s all 12 producers pumped 26.7 million barrels per […]

Energy
AI

Energy notes from the edge: AI latest – the energy beast is fully unleashed; and when a Bee gets an A – an insect skill set could benefit humans in an incredible way

July 2, 2024 Mariel Alumit

More AI/data center yelling – we’d better pay attention to the energy consequences  The energy world has been in turmoil for quite some time, though the drama has been much more pronounced over the past […]

Hurricane Beryl
Crude Oil News

WTI Crude Soars to Highest Level Since April on Demand Optimism, Hurricane Beryl

July 2, 2024 Mariel Alumit

Hurricane Beryl strengthened overnight to a powerful Category 5 storm as it churned in the Caribbean Sea. The Cat. 5 storm is the earliest on record in the Atlantic hurricane season and has caused concern […]

Texas
Electrical Generation / Utilities

Texas governor looks to double state energy fund to $10 billion

July 2, 2024 Mariel Alumit

July 1 (Reuters) – Texas Governor Greg Abbott and Lieutenant Governor Dan Patrick said on Monday they will seek to expand the Texas Energy Fund program to $10 billion to build more natural gas plants […]

Diesel

Governor Newsom’s unpopularity might have something to do with his extreme mandates that make life unaffordable.

July 2, 2024 Stu Turley

Not surprisingly, with California having huge costs for electricity and fuels, the recent Public Policy Institute of America survey revealed that California’s “green” Governor Newsom is by far the MOST UNPOPULAR Governor in America ! […]

EU
Press

EU needs to double investment to meet climate goals: report

July 2, 2024 Stu Turley

  The European Union needs to double targeted investment to meet its 2030 climate goal, a consortium of research organisations said on Tuesday (2 July), warning that the pace of Europe’s related action must accelerate. […]

NFE
LNG

NFE to sell Miami small-scale liquefaction plant

July 2, 2024 Stu Turley

US LNG firm New Fortress Energy said it had agreed to sell its liquefaction and storage facility in Miami, Florida to a US middle-market infrastructure fund. NFE did not reveal the name of the fund […]

Agencies
Climate Crisis

Justice KBJ’s Hyperbolic Dissent Claims Court’s Latest Ruling ‘Wreaks Havoc’ On Govt Agencies

July 2, 2024 Stu Turley

The Supreme Court ruled 6-3 that you have six years to sue federal agencies from when their actions harm you, not when the statute was issued. The Supreme Court delivered another hit to the power […]

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