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Home2024

Year: 2024

Zaluzhny
Geopolitical

The IL-76 Shootdown By A US Patriot Missile Could Lead To Zaluzhny’s Replacement With Budanov

January 24, 2024 Mariel Alumit

All things considered, blaming Zaluzhny – perhaps by claiming that he should have verified alleged intelligence about the IL-76’s cargo before shooting it down in order to make this seem like an unfortunate accident – […]

Carbon
Climate Crisis

Senate Opens Door to Massive Carbon Tax Despite Critical Economic Concerns

January 24, 2024 Mariel Alumit

This week, Congress took a step toward passing a carbon tax—an inflationary, regressive tax on all products that would lower economic growth; make all Americans worse off; and disproportionately harm poor people, farmers, and small businesses. Politicians […]

Nuclear
International News

Nuclear power output expected to break global records in 2025

January 24, 2024 Mariel Alumit

Nuclear power generation is likely to break records in 2025 as more countries invest in reactors to fuel the shift to a low-carbon global economy, while renewable energy is likely to overtake coal as a power […]

Eemshaven
LNG

Eemshaven LNG terminal gets 82nd cargo, plans to start maintenance this week

January 24, 2024 Stu Turley

The FSRU-based LNG import facility in the Dutch port of Eemshaven, owned by Gasunie and Vopak, has received 82 shipments since its launch in September 2022, mostly from the United States. Operated by EemsEnergyTerminal, the […]

U.S. growth
Crude Oil News

Rise in relatively denser crude oil production drives U.S. growth

January 24, 2024 Stu Turley

Data source: U.S. Energy Information Administration, Monthly Crude Oil and Natural Gas Production Crude oil production in the United States reached a record high in August 2023, led primarily by more production in Texas. In 2023, most […]

coal
Coal

Fewer markets are importing Russia’s coal

January 24, 2024 Stu Turley

Data source: Global Trade Tracker Russia’s reliance on four, mainly Asian, countries to import its coal has increased since some countries implemented sanctions against Russia after it invaded Ukraine, according to Global Trade Tracker data. This […]

U.S. coal exports
EIA News

In most U.S. regions, 2024 wholesale electricity prices will be similar to 2023

January 24, 2024 Stu Turley

Data source: U.S. Energy Information Administration, Short-Term Energy Outlook, January 2024 We expect average wholesale electricity prices for 2024 in most areas of the country to be close to or slightly lower than in 2023 because of […]

U.S. power generation
Coal

Solar and wind to lead growth of U.S. power generation for the next two years

January 24, 2024 Stu Turley

In our latest Short-Term Energy Outlook, we forecast that wind and solar energy will lead growth in U.S. power generation for the next two years. As a result of new solar projects coming on line […]

U.S. coal exports
Crude Oil News

EIA expects average U.S. gasoline and diesel prices to decrease in 2024 and 2025

January 24, 2024 Stu Turley

In our January Short-Term Energy Outlook (STEO), we expect average U.S. retail gasoline prices to decrease in 2024 because of increased inventories related to increased refinery capacity. In 2025, we expect slightly reduced gasoline consumption to further […]

TotalEnergies
International News

TotalEnergies wraps up milestone LNG bunkering op in France

January 24, 2024 Stu Turley

A unit of French energy giant TotalEnergies has recently completed the 100th LNG bunkering operation with its chartered vessel, Gas Vitality, in Marseille. The 135 meters long 18,600-cbm LNG bunkering vessel, owned by Japan’s MOL, […]

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