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Home2025February

Month: February 2025

New Jersey
Coal

Demand for Electricity Takes Off. US Power Generation by Source in 2024: Natural Gas, Coal, Nuclear, Wind, Hydro, Solar, Geothermal, Biomass, Petroleum

February 26, 2025 Mariel Alumit

ENB Pub Note: This is an excellent article from Wolf Street. I have been working on the expansion vs. demand plans on the three different grid groups and the findings are astounding. ERCOT is in […]

New Houses
Finance

Inventory of New Houses for Sale Highest since 2007. Builders Push Mortgage-Rate Buydowns, Price Cuts, and Incentives

February 26, 2025 Mariel Alumit

What homebuilder Taylor Morrison said about the costs of mortgage-rate buydowns v. actual price cuts. By Wolf Richter for WOLF STREET. Unsold inventories of new single-family houses for sale at all stages of construction in January rose by 8.3% from […]

Big Oil Companies

Chevron Open to Buying Phillips 66 Chemical Stake

February 26, 2025 Clark Savage

Activist fund Elliott is pushing Phillips 66 to sell chemicals CPChem is 50-50 joint venture between Chevron and Phillips 66 Chevron Corp. is interested in buying Phillips 66’s stake in a chemicals joint venture that activist Elliott Investment […]

Crude Oil News

Trafigura: Iran Sanctions Are Biggest Bullish Catalyst On Oil Prices

February 26, 2025 Clark Savage

Trafigura Head of Trading: U.S. foreign policy vis-a-vis Iran is the main upside risk for oil. Last year, Trump pledged in his Republican National Convention speech to dramatically lower Iranian oil exports. On Tuesday, the […]

Woodside
Finance

Woodside in advanced talks to sell Louisiana LNG stake, CEO says

February 26, 2025 Mariel Alumit

O’Neill said during Woodisde’s earnings call on Tuesday that the company has “a number of high-quality counterparties with whom we are negotiating as we speak. The pricing point we will communicate in due course.” She […]

‘Assault On American Sovereignty’: Red State Officials Urge Trump To Probe EU’s Corporate Climate Mandates
Energy Regulations

‘Assault On American Sovereignty’: Red State Officials Urge Trump To Probe EU’s Corporate Climate Mandates

February 26, 2025 Mariel Alumit

Twenty-six financial officials from 21 states wrote to President Donald Trump on Tuesday urging him and his administration to review European Union (EU) climate rules applying to U.S. companies operating in Europe as part of […]

Nuclear Reactors
ENB Pub Note

Restarting Germany’s Nuclear Reactors

February 26, 2025 Mariel Alumit

ENB Pub Note: This article is from the Energy Reminations Substack and was written by Doug Sandridge, who is a friend of the ENB Podcast. He has extensive international energy knowledge, and I interviewed Doug […]

CNBC
Climate Crisis

CNBC Claims Climate Change Is Causing A Housing Market Collapse. Real Data Says No

February 26, 2025 Mariel Alumit

CNBC’s climate-driven housing collapse ignores data showing no climate change-induced extreme weather or decline in property values. ​CNBC recently published an article claiming that climate change is threatening to cause a housing market collapse, with […]

SEC
Climate Crisis

SEC Moves To Scrap Costly Climate Disclosure Rule Amid Legal Battles

February 26, 2025 Mariel Alumit

The SEC is moving to scrap its climate disclosure rule, citing costs and legal challenges in forcing companies to report emissions and climate risks. ​The Security and Exchange Commission appears ready to quash the controversial […]

LNG-powered truck fleet
International News

China’s huge LNG-powered truck fleet continues to expand

February 26, 2025 Mariel Alumit

Shell revealed this in its newest LNG Outlook on Tuesday. However, the UK-based firm did not provide many details regarding the fleet. Shell released a graph (below) showing that China’s LNG-powered truck fleet is expected […]

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