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HomeUS Energy News

US Energy News

Crude Oil News

Why Iran’s current oil policies and sanctions are important to U.S. oil producers

July 26, 2021 Jay R. Young

Iran has successfully improved its relationship with China over the past several years. They are trading oil for goods and services. This has helped them get around the U.S.-led sanctions and also helped China buying […]

Exports

US Takes LNG Export Title From Australia

July 24, 2021 Tracey Woods

By Josyana Joshua (Bloomberg) Natural gas futures soared to $4 per million British thermal units in the U.S. for the first time since December 2018 as summer heat intensified concerns about tight supplies later this year. […]

Coal

Clean Energy Producers Are Eyeing Old Coal Plants—for the Wiring

July 24, 2021 Tracey Woods

As demand for clean energy surges, would-be developers are struggling to find enough transmission lines to carry power to the people. One increasingly popular solution: retired coal plants. Much as a special-purpose acquisition company offers […]

Commodities

Eric Nutall says: The Bull Market Will Last 4-6 Years – We agree – but will be 8 to 10 years

July 22, 2021 Stu Turley

Eric Nuttall, partner and senior portfolio manager at Ninepoint Partners, joins BNN Bloomberg to discuss his outlook for the oil sector. He says we are in a structural bull market for oil that will conclude […]

Commodities

Oil and Gas Volatility Is Short Term – The Oil Majors Fleeing The Market Will Change The World

July 22, 2021 Jay R. Young

The US oil price fell more than six percent on Monday, a day after Saudi Arabia and the UAE reaching an agreement to increase output.  With surging Covid cases threatening economic recovery, stock markets slumped. […]

M & A

Pipeline operator Kinder Morgan to buy Kinetrex Energy in green energy push

July 18, 2021 Tracey Woods

Pipeline operator Kinder Morgan Inc (KMI.N) said it would buy renewable natural gas developer Kinetrex Energy from an affiliate of Parallel49 Equity for $310 million, to expand into green energy amid investor pressure to tackle climate change. […]

U.S. coal exports
EIA News

Average U.S. construction costs for solar generation continued to fall in 2019

July 16, 2021 Andy Del Prado

Average U.S. construction costs for solar and wind generation continue to fall Source: U.S. Energy Information Administration, Electric Generator Construction Costs and Annual Electric Generator Inventory According to 2018 data from the U.S. Energy Information Administration (EIA) for newly […]

Power lines in Sacramento County -energynewsbeat
Electrical Generation / Utilities

A Growing Risk for Wide Area Blackouts

July 16, 2021 Stu Turley

The risk of wide-area blackouts is a critical issue that can be addressed with risk assessments and enhancements to the existing electric power grid. Read on to learn more about wide area blackout risk. To […]

Coal

In 2020, U.S. coal production fell to its lowest level since 1965

July 14, 2021 Andy Del Prado

In 2020, U.S. coal production fell to its lowest level since 1965 Source: U.S. Energy Information Administration, Annual Coal Report U.S. coal production totaled 535 million short tons (MMst) in 2020, a 24% decrease from the 706 […]

Crude Oil News

If Congress Does Not Pass “Clean Energy” Biden’s Climate Czar Will Act Alone

July 13, 2021 Jay R. Young

If you were to ask leading U.S. climate and energy policy experts which of the United States’ existing emissions requirements should be most stringent, they would probably respond that there is no single answer. Rather, […]

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