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Home2025February

Month: February 2025

Consumer Spending
Finance

No, Consumer Spending Didn’t Plunge in January and Auto Sales Didn’t Collapse, or Whatever, But the Huge Seasonal Adjustments Might Have Gone Awry

February 28, 2025 Stu Turley

Year-over-year, consumer spending jumped by 5.6% and retail sales by 4.8% in January. So there’s that. By Wolf Richter for WOLF STREET. The financial media was thrown into a tizzy this morning when the Bureau of Economic Analysis […]

PCE Inflation
Finance

PCE Inflation Hits 4.0% Month-to-Month Annualized, Worst since March. 3-Month PCE Hits 2.9%, Worst since April. But Massive “Base Effect” in Services Cools YoY Increases

February 28, 2025 Clark Savage

December, prior months revised higher. Goods prices jump month-to-month by most since August 2023, turn positive for first time in a year. By Wolf Richter for WOLF STREET. The inflation measure released today – the PCE price index […]

Atlantic LNG
Finance

Atlantic LNG shipping rates climb to $20,000 per day

February 28, 2025 Mariel Alumit

Spark’s data lead, Qasim Afghan, told LNG Prime on Friday that Spark30S (Atlantic) freight rates “have more than tripled this week, increasing by $13,500 to $19,750 per day, driven by the front month US arb […]

Crude Oil News

Balancing Energy Affordability and Sustainability

February 28, 2025 Clark Savage

In this episode of Energy News Beat Live from NAPE – Conversation in Energy, host Stuart Turley sits down with Jeff Krimmel, an energy analyst and consultant, who shares insights into the oil and gas […]

Critical Minerals

Can Trump Force Ukraine to Accept a Peace Deal?

February 28, 2025 Stu Turley

ENB Pub Note: The meeting in the Whitehouse was polarizing. In my opinion, President Trump and Vice President Vance stood up for American values, and 10 U.S. Senators met with Zelensky before the meeting and […]

Climate Crisis

Payback: Top Execs Of Green Org Receiving Biden’s Billions Are Huge Dem Donors

February 28, 2025 Clark Savage

Top executives of a green organization that received billions of dollars in EPA funding are also major Democratic donors. ​Top executives of a green organization that the Biden Environmental Protection Agency (EPA) selected to receive […]

CCUS

Trump’s EPA To Roll Back CO2 Endangerment Finding

February 28, 2025 Clark Savage

EPA head Lee Zeldin is reconsidering the CO2 Endangerment Finding, a key climate regulation used to restrict and suppress the use of hydrocarbons. ​As discussed in a couple of recent posts here and here, the […]

Green Energy Boondoggles
Agriculture

Republicans Work To End Taxpayer-Funded Green Energy Boondoggles On Farmland

February 28, 2025 Mariel Alumit

A Treasury Department report says renewable subsidies for clean energy projects could cost taxpayers $425B over next decade. ​House Republicans are seeking to prevent the use of taxpayer dollars to incentivize what they describe as […]

FLNG
Exploration and Production

Golar’s fourth unit may be world’s largest FLNG

February 28, 2025 Mariel Alumit

Golar currently operates the 2.4 mtpa Hilli, which works offshore Cameroon, and the 2.7 mtpa Hilli, which works offshore Mauritania and Senegal. Last year, Golar signed an EPC agreement with China’s CIMC Raffles to convert its 148,000-cbm […]

EPS
ENB Pub Note

EPS inks financing deal for LNG-powered containership duo

February 28, 2025 Mariel Alumit

 ENB Pub Note: While this ship signing deal for two container ships may seem small, it is only one of a new class of ships that is LNG-powered. I am working on several stories, and […]

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