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  • [ June 4, 2023 ] AI’s Influence On The Workforce – And How Much More Energy Will Be Required? AI
  • [ June 4, 2023 ] Biden signs debt ceiling bill, pulling US from brink of default – or will the trillions of “printed” money push U.S. over the brink? Bankruptcy
  • [ June 4, 2023 ] Stock Market Rally Shows Character Change With Tesla, Apple In Focus; Here’s What To Do Now Finance
  • [ June 3, 2023 ] Could BRICS challenge US dominance in the global economy? Finance
  • [ June 3, 2023 ] Why Is China Digging 33,000 Feet Into The Earth’s Crust? Critical Minerals
  • [ June 3, 2023 ] Exxon And Chevron Close To Signing Gas Exploration Deals In Algeria Big Oil Companies
  • [ June 3, 2023 ] Senior UAE official defends Big Oil’s role at UN climate summit, as they can help pay for the Energy Transition Big Oil Companies
  • [ June 3, 2023 ] Is Biden’s controversial Bitcoin mining tax dead or set to rise from the ashes? Crypto
  • [ June 3, 2023 ] Israel is leading an energy industry revolution fueled by natural gas Crude Oil News
  • [ June 3, 2023 ] Eyeing a Shift to Renewables, Worley Sells Its Refinery … Downstream
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EIA News

China’s natural gas consumption and LNG imports declined in 2022, amid zero-COVID policies

June 1, 2023 Allen Santos

 June 1, 2023 Data source: S&P Global Commodity Insights, China National Bureau of Statistics, China Energy Statistical YearbooksNote: Industrial consumption includes natural gas feedstock. Other includes district heating and transport. In 2022, annual […]

oil
EIA News

U.S. residential electricity bills increased 5% in 2022, after adjusting for inflation

May 31, 2023 Allen Santos

May 31, 2023 Data source: U.S. Energy Information Administration, Monthly Electric Power Industry Report and Annual Electric Power Industry Report Note: Real prices are adjusted for inflation. In nominal terms, the average monthly electricity bill […]

oil
EIA News

U.S. energy insecure households were billed more for energy than other households

May 30, 2023 Allen Santos

May 30, 2023 Data source: U.S. Energy Information Administration, 2020 Residential Energy Consumption Survey (RECS) Note: Square footage is derived from RECS respondent estimates and represents the energy-consuming area of housing units. On average, households […]

oil
EIA News

EIA explores effects of liquefied natural gas exports on the U.S. natural gas market

May 24, 2023 Mariel Alumit

May 24, 2023 Data source: U.S. Energy Information Administration, Annual Energy Outlook 2023 (AEO2023) Note: Shaded regions represent maximum and minimum values for each projection year across the AEO2023 Reference case and side cases. LNG=liquefied […]

oil
Crude Oil News

EIA expects lower crude oil prices for the second half of 2023 and for 2024

May 22, 2023 Allen Santos

Data source: U.S. Energy Information Administration, Short-Term Energy Outlook, May 2023 We lowered our crude oil price forecast for the rest of 2023 and for 2024 in our May Short-Term Energy Outlook (STEO) because of […]

oil
EIA News

Texas and New Mexico led U.S. crude oil production in 2022

May 18, 2023 Allen Santos

May 18, 2023 Reposted to correct data errors. Data source: U.S. Energy Information Administration, Crude Oil and Natural Gas Production U.S. crude oil production grew 5.6%, or 0.6 million barrels per day (b/d), in 2022 […]

oil
EIA News

U.S. propane consumption last winter was the lowest since at least 2010

May 17, 2023 Allen Santos

 May 17, 2023 Data source: U.S. Energy Information Administration, Petroleum Supply MonthlyNote: Propane consumption is measured as product supplied. We estimate that U.S. propane consumption averaged 0.986 million barrels per day (b/d) during […]

oil
EIA News

U.S. Henry Hub natural gas price expected to increase from recent lows

May 16, 2023 Allen Santos

May 16, 2023 Data source: U.S. Energy Information Administration, Short-Term Energy Outlook (STEO) In our May Short-Term Energy Outlook (STEO), we expect the U.S. benchmark Henry Hub natural gas spot price to increase throughout 2023 […]

oil
EIA News

Incentives and lower costs drive electric vehicle adoption in our Annual Energy Outlook

May 15, 2023 Mariel Alumit

May 15, 2023 Data source: U.S. Energy Information Administration, Annual Energy Outlook 2023 (AEO2023) According to our Annual Energy Outlook 2023 (AEO2023), we project that electric vehicles (EVs), including both battery-electric vehicles (BEVs) and plug-in […]

oil
EIA News

What is OPEC+ and how is it different from OPEC?

May 9, 2023 Allen Santos

May 9, 2023 Data source: U.S. Energy Information Administration, Short-Term Energy Outlook, April 2023 Note: OPEC oil totals are crude oil; OPEC+ oil totals are crude oil and lease condensate. The Organization of the Petroleum […]

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Is Bidens controversial Bitcoin mining tax dead or set to rise from the ashes
Crypto

Is Biden’s controversial Bitcoin mining tax dead or set to rise from the ashes?

June 3, 2023

Bitcoin (BTC) miners in the United States  can breathe a sigh of relief after a proposed tax on crypto mining did not make it into a bill to raise the U.S. debt ceiling that appears set to pass. The Digital Assets […]

Electric Vehicles

California State Assembly Votes To Ban Driverless Trucks

June 3, 2023

By Alan Adler of FreightWaves, The California State Assembly voted Wednesday to ban driverless trucks from the state’s roadways, requiring a safety driver be present. If passed by the Senate, it would leave the state […]

Hawaii
Energy Storage

Can’t Help Falling In Love – Hawaii Finds The Move Away From Fossil Fuels Is Easier Said Than Done

June 2, 2023

It has become abundantly clear over the past couple of years that energy transition isn’t going to be a straight line leading directly to abundant carbon-free power and a net-zero world. All sorts of obstacles […]

Shell
E&P

Shell takes Stena Drilling’s newest drillship for work in Gulf of Mexico

June 1, 2023

Offshore drilling contractor Stena Drilling has secured a new drilling contract with Shell’s subsidiary – Shell Offshore – for operations in the U.S. Gulf of Mexico. This assignment will be undertaken by the newest addition […]

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