Introduction Since last summer Exxon Mobil (NYSE:XOM) has rocketed higher, gaining about 30% over this period. 30% growth in essentially 8 months is very unusual for a big-cap, value stock like XOM. Admittedly a good bit […]
April 5, 2023 Data source: U.S. Energy Information Administration, Short-Term Energy Outlook Our Short-Term Energy Outlook (STEO) publication provides near-term energy data, analysis, and forecasts. Each month, the STEO provides forecasts from the time of […]
A new federal report disputes the claim that the United States will reach net-zero carbon emissions from power generation anytime soon. While the share of energy that comes from wind and solar will increase, the […]
The oil and gas rig count, an early indicator of future output, rose eight to 754 in the week to March 17. , , Baker Hughes said that puts the total rig count up 91 […]
Dive Brief: Consumers paid 14.3% more for electricity last year on average, than in 2021, more than double the overall 6.5% rise in prices, according to Consumer Price Increase data released Jan. 12 by the U.S. Bureau of […]
NEW YORK, Feb 16 (Reuters) – At least three proposed U.S. liquefied natural gas (LNG) export plants have likely found enough customers to receive financial approvals this year, according to Reuters calculations, developments that would […]
That put the gas contract on track to drop over 63% over the past seven weeks, its biggest seven-week collapse in history after weather in the U.S. Lower 48 states was the second warmest on […]
Oil futures gained slightly on Thursday, even in the face of recession fears as a sharp decline in U.S. retail sales and manufacturing output muddied the outlook for demand, while industry data showing a surprise […]
January 18, 2023 Data source: U.S. Energy Information Administration, Short-Term Energy Outlook (STEO) In our January Short-Term Energy Outlook (STEO), we forecast the natural gas spot price at the U.S. benchmark Henry Hub will average […]
U.S. natural gas production will rise to a record high in 2023, while demand will fall, the U.S. Energy Information Administration (EIA) said in its Short Term Energy Outlook (STEO) on Tuesday. EIA projected […]
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