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U.S
EnergyNews

U.S. natgas jumps 6% to one-month high on rising demand, output decline

February 27, 2023 Mariel Alumit

  ​U.S. natural gas futures jumped about 6% to a one-month high on Monday on forecasts for more demand this week than previously expected and a drop in gas output so far this month. In addition […]

U.S
Crude Oil News

Oil flat on week as U.S. inventories rise but Russia cuts supply

February 25, 2023 Mariel Alumit

​ Brent crude futures settled at $83.16 a barrel, up 95 cents, or 1.2%. West Texas Intermediate U.S. crude futures (WTI) settled at $76.32 a barrel, rising 93 cents, or 1.2%. Earlier, both fell by […]

U.S
EnergyNews

U.S. natgas gains 5% on technical buying ahead of storage report

February 24, 2023 Mariel Alumit

U.S. natural gas futures rose more than 5% on Thursday on a technical rebound and forecasts for slightly colder weather over the next two weeks. Front-month gas futures for March delivery on the New York […]

EnergyNews

Highly Paid Oil Rig Worker Merits Overtime, U.S. Supreme Court Says

February 23, 2023 Mariel Alumit

​ Feb 22 (Reuters) – An oil rig supervisor who earned more than $200,000 a year working for Houston-based Helix Energy Solutions Group Inc (HLX.N) is entitled to overtime pay, the U.S. Supreme Court ruled on […]

U.S
EnergyNews

Column: U.S. Gas Prices Near Record Low Amid Over-Production – John Kemp

February 23, 2023 Mariel Alumit

​ LONDON, Feb 22 (Reuters) – U.S. gas prices have slumped close to their lowest level on record, after adjusting for inflation, as traders respond to signs of a persistent production surplus in the domestic […]

U.S
EnergyNews

FACTBOX: Potential Winners and Losers from the New U.S. EV Charging Standards

February 21, 2023 Mariel Alumit

​ President Joe Biden previously committed to building a U.S. network of 500,000 EV chargers by 2030, and has now set the standards to disburse $7.5 billion in federal funds to support that effort. Today, […]

U.S
Crude Oil News

“How Fracking Has Contributed To U.S. CO2 Emission Reductions”

February 20, 2023 Mariel Alumit

Since 2008, an outstanding achievement in U.S. energy has occurred with barely a whisper from the news media. Electricity prices have plateaued to a very small annual growth rate, while at the same time U.S. […]

U.S
Downstream

EIA forecasts U.S. refinery utilization to average more than 90% in 2023 and 2024

February 13, 2023 Mariel Alumit

February 13, 2023 Data source: U.S. Energy Information Administration, Short-Term Energy Outlook, February 2023 In our February Short-Term Energy Outlook (STEO), we forecast that U.S. refinery utilization will remain similar to 2022 at above 90% […]

Geopolitical

US Military Recovery Of Unidentified Object Downed Over Alaska Faces Severe Conditions

February 13, 2023 Mariel Alumit

Authored by Jack Phillips via The Epoch Times, The U.S. recovery effort of an object that was shot down over Alaska last week faces severe weather conditions, according to weather forecasts. The object was shot […]

LNG
Energy Regulations

U.S. energy regulators questioned on oversight of Freeport, Texas, LNG plant

February 13, 2023 Mariel Alumit

The second-largest U.S. liquefied natural gas (LNG) export facility was knocked offline by a fiery blast last June and operations halted while regulators review operations and staffing. When fully running, Freeport LNG processes about 2 […]

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