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Home2025January

Month: January 2025

U.S. Northeast Gasoline Reserve
Crude Oil News

In 2024, U.S. retail gasoline prices averaged about 20 cents less than in 2023

January 11, 2025 Clark Savage

Data source: U.S. Energy Information Administration, Gasoline and Diesel Fuel Update Note: Retail price is for all formulations of regular grade gasoline. The U.S. retail price for regular grade gasoline averaged $3.30 per gallon (gal) in 2024, $0.21/gal […]

Oil Well off West Africa - created by Grok on X
Crude Oil News

Brent crude oil prices traded in a narrow range in 2024

January 11, 2025 Clark Savage

Data source: Bloomberg, L.P. Note: A front-month contract is a futures contract that is the closest to expiration. Benchmark Brent crude oil futures prices averaged $80 per barrel (b) in 2024, $2/b less than in 2023. Intraday […]

Crude Oil News

US and EU warn Indian exporters on Russia trade risks

January 11, 2025 Clark Savage

  Western officials have told Indian companies to “carefully evaluate their exports” to Moscow to avoid being sanctioned Officials from the US and EU have urged Indian exporters to evaluate their trade with Russia carefully […]

Climate Crisis

Week Recap: Minerals, Politics, and the Energy Game

January 11, 2025 Andy Del Prado

Weekly Daily Standup Top Stories German purchases of Russian uranium surge January 4, 2025 Clark Savage ENB Pub Note: I have been talking about Germany’s call for more Russian natural gas, which falls in line with […]

Treasury
Finance

Treasury Yield Curve Steepens, as Long-Term Yields Coddle Up to 5% while Short-Term Yields Stay Put, Not Seeing Any Rate Cuts. Mortgage Rates Rise to 7.24%

January 11, 2025 Clark Savage

30-year Treasury bonds sold at auction on Friday at highest yield in at least 16 years despite Fed’s 100 basis points in rate cuts. Since the Fed’s 100 basis points in rate cuts, the 10-year […]

Fukushima Power plant in Japan created by Grok on X
EIA News

Since the 2011 Fukushima accident, Japan has restarted 14 nuclear reactors

January 10, 2025 Clark Savage

Data source: Japan Nuclear Regulation Authority Japanese utilities restarted two additional nuclear reactors in 2024 that had been suspended from operations in response to the 2011 Fukushima Daiichi accident, taking the total number of restarted reactors to […]

Putin
Geopolitical

Putin ready for ‘unconditional’ Trump meeting – Kremlin

January 10, 2025 Mariel Alumit

The talks only require a mutual desire to resolve problems through dialogue, spokesman Dmitry Peskov has said Russian President Vladimir Putin is open to direct talks with US President-elect Donald Trump, but no specific details […]

US Treasury
Crude Oil News

US Treasury imposes ‘sweeping’ sanctions on Russian oil industry

January 10, 2025 Mariel Alumit

The restrictions target two major Russian producers, along with what Washington calls a “shadow fleet” transporting Russian oil The US Treasury on Friday announced a fresh round of sanctions against Russia, imposed in conjunction with the UK. […]

ENB Podcast

Energy Security Under Fire: Biden’s Regulatory Impact

January 10, 2025 Clark Savage

In this joint podcast, Stuart Turley and David Blackmon provide an in-depth analysis of U.S. energy policies under the Biden administration, focusing on offshore drilling bans, regulatory challenges, and their implications for long-term energy security. […]

gas
Electrical Generation / Utilities

British gas storages dangerously low – operator

January 10, 2025 Mariel Alumit

Cold weather and Ukraine’s termination of Russian gas transits have led to higher demand, Centrica has warned UK gas storage levels are “concerningly low,” with less than a week of gas demand in store due […]

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