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HomeFossil

Fossil

Crude oil storage in Cushing Oklahoma created by Grok on X
Crude Oil News

Oil Wobbles on Crude Inventory Draw, Large Fuel Builds

December 11, 2024 Mariel Alumit

Crude oil prices fluctuated today after the Energy Information Administration reported an estimated inventory decline of 1.4 million barrels for the week to December 6. In fuels, however, the EIA estimated sizable builds. The crude oil inventory figure compared with […]

Five states
EIA News

Five states drove record U.S. natural gas production in 2023

December 11, 2024 Mariel Alumit

Data source: U.S. Energy Information Administration, Natural Gas Monthly Note: 2024 YTD=Jan–Aug Five states produced more than 70% of the record 113.1 billion cubic feet per day (Bcf/d) of U.S. marketed natural gas production in 2023. Texas accounted […]

Energy
Big Oil Companies

Energy sector doesn’t believe we’ll get to net zero

December 5, 2024 Mariel Alumit

Just 4% of energy professionals believe the UK will get to net zero in 2050. That’s the standout finding of the annual Energy Barometer report from the Energy Institute. The Barometer is an annual state-of-the-nation […]

Bill Maher
Climate Crisis

‘Never Going To Happen’: Bill Maher Calls Jane Fonda ‘Naive’ For Pushing Fossil Fuel Ban

December 4, 2024 Mariel Alumit

Bill Maher called Jane Fonda ‘naive’ for demanding an end to fossil fuels, arguing it’s unrealistic as she pushes solar, wind, and global climate plans.​ Comedian and HBO host Bill Maher called Jane Fonda “naive” […]

U.S. Energy Policy
Climate Crisis

U.S. Energy Policy Needs Urgent Overhaul To Tackle Rising Demand And Harmful Regs

December 4, 2024 Mariel Alumit

Biden’s disastrous energy policies risk grid instability, economic losses, and power insecurity. A shift to oil, gas, and nuclear is urgently needed. U.S. energy policy is in dire need of a course correction. Our nation […]

Germany’s CO2 Tax
Climate Crisis

Germany’s CO2 Tax Set To Rise Again In 2025, Delivering More Energy Pain For All

December 3, 2024 Mariel Alumit

Germany’s CO2 tax is set to rise in 2025, pushing heating and energy costs higher for both consumers and businesses. Germany’s CO2 tax is set to increase from the current 45 euros a tonne to […]

Big Oil Companies

Week Recap: Blackouts, Climate Setbacks, and Policy Shifts

November 30, 2024 Andy Del Prado

Weekly Daily Standup Top Stories Half of U.S. at risk for blackouts during extreme cold this winter, grid watchdog warns November 24, 2024 Clark Savage A new report by the North American Electric Reliability Corporation (NERC), which […]

EIA News

Global natural gas market may experience a tighter supply-demand balance this winter

November 29, 2024 Clark Savage

Data source: Bloomberg Finance, L.P. Note: Price curves as of November 21, 2024. Dotted lines represent forward prices. LNG=liquefied natural gas; Asian LNG=the JKM price benchmark (representing spot and forward LNG prices in Japan, South Korea, Taiwan, […]

fossil fuel
Crude Oil News

UK fossil fuel generation hits all time low

November 29, 2024 Clark Savage

Fossil fuel electricity generation in the UK hit a record low in August 2024, averaging below 5 GW. This milestone coincided with the closure of Ratcliffe-on-Soar power station, marking the UK’s complete phase-out of coal […]

Coal

Half of U.S. at risk for blackouts during extreme cold this winter, grid watchdog warns

November 24, 2024 Clark Savage

A new report by the North American Electric Reliability Corporation (NERC), which assesses the United States and Canada’s grid reliability, finds that much of the central and eastern U.S. could experience blackouts should a significant and […]

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