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HomeFinance

Finance

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 […]

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 […]

US LNG
Exports

US LNG exports reach 29 shipments

February 28, 2025 Mariel Alumit

EIA said in its weekly report, citing shipping data provided by Bloomberg Finance, that the total capacity of these 29 LNG vessels is 108 Bcf. This compares to 29 shipments and 110 Bcf in the week ending […]

Pending Home Sales
Finance

In the South, Pending Home Sales Plunge to Record Low, just as Inventories in Florida and Texas Balloon. Push US Pending Sales to Record Low

February 27, 2025 Mariel Alumit

In the West, Midwest, and Northeast, pending sales hobbled along near record-lows. Housing demand got shot in January. Prices are just way too high. By Wolf Richter for WOLF STREET. Here we go again, with another record low […]

Biden White House
Climate Crisis

The Gigantic Climate Slush Fund Inside The Biden White House

February 27, 2025 Mariel Alumit

Biden’s White House funneled billions into climate slush funds, with Podesta steering cash to political allies, including a Stacey Abrams-linked startup. ​The outrage over $2 billion being handed to a Stacey Abrams-related start-up by the […]

Biden’s Keystone XL Cancellation
Climate Crisis

How Biden’s Keystone XL Cancellation Left Lasting Scars On U.S. Energy, Jobs, And Trust

February 27, 2025 Mariel Alumit

Biden’s Keystone XL cancellation has dealt lasting damage to U.S. energy, jobs, and trust in government—damage not easily undone. ​President Donald Trump turned heads with his call for restarting the Keystone XL Pipeline. While the […]

Ruwais LNG
Exports

Adnoc, Osaka Gas finalize Ruwais LNG supply deal

February 27, 2025 Mariel Alumit

Under the SPA, Osaka Gas will buy up to 0.8 million metric tonnes per annum of LNG. Moreover, LNG cargoes will be shipped to the destination ports of Osaka Gas and its Singapore-based subsidiary, Osaka […]

BP
Big Oil Companies

BP cuts renewables investments by $5bn, sets sights firmly on oil and gas

February 27, 2025 Mariel Alumit

UK-based energy giant BP has announced it will cut its renewable energy investments and instead increase its investment in oil and gas production. The company buckled under pressure from investors who were unhappy over the […]

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 […]

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