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HomeUS

US

US
Press

EU, US draft strict conditions for launch of Galileo satellites from American soil

March 1, 2024 Stu Turley

  Brussels and Washington are close to greenlighting the launch of European navigation satellites from US territory this year to avoid service disruption, after two years of delay, Euractiv has learnt. The bloc’s member states’ […]

Coal

Daily Energy Standup Episode #318 – Surging LNG Demand, Wyoming’s Wind Boom, and Market Uncertainties

February 28, 2024 Andy Del Prado

Daily Standup Top Stories U.S. Electricity Generation by Source in 2023: Natural Gas, Coal, Nuclear, Wind, Hydro, Solar, Geothermal, Biomass, Petroleum February 27, 2024 Mariel Alumit By Wolf Richter for WOLF STREET. Electricity generation, as measured in gigawatt-hours, has […]

Woodside
Exports

LNG Demand Will Surge 50% in Next Decade, Woodside CEO Says

February 27, 2024 Stu Turley

Woodside Energy Group Ltd., Australia’s top liquefied natural gas exporter, expects consumption of the fuel to rise 50% over the next decade, pushing the supplier to consider further expansions. “We’re seeing signs of that demand […]

Energy Fuels
Rare Earth Minerals

Energy Fuels gearing up two more US uranium mines for production

February 26, 2024 Stu Turley

  Energy Fuels (NYSE: UUUU; TSX: EFR) is gearing up two more mines in Colorado and Wyoming for expected production within one year. If market conditions remain robust, the Whirlwind and Nichols Ranch mines could […]

LNG
Exports

US weekly LNG exports reach 26 cargoes

February 23, 2024 Mariel Alumit

US liquefaction plants shipped 26 liquefied natural gas (LNG) cargoes in the week ending February 21, while natural gas deliveries to these terminals decreased compared to the week before. The US EIA said in its […]

US Debt-Servicing Costs Skyrocket: $1.4 Trillion In Interest Payments On Deck
Finance

Soaring debt pushing wealthy nations to ‘fiscal death’ – economist

February 11, 2024 Mariel Alumit

Major economies that fail to address their mounting debt issues will die a “fiscal death,” the head of investment and wealth advisory Laffer Tengler Investments, Arthur Laffer, has warned. In an interview with CNBC this […]

US Exported
Commodities

The $2 Trillion in Goods the US Exported in 2023: Led by Energy Products, Capital Goods, Pharmaceuticals, and Automotive

February 10, 2024 Mariel Alumit

The biggest export group — crude oil, petroleum products, natural gas, petrochemicals — retraced part of the 50% spike as prices dropped.  By Wolf Richter for WOLF STREET. The huge US trade deficit improved – or got less […]

LNG
Exports

US weekly LNG exports reach 24 shipments

February 9, 2024 Mariel Alumit

US liquefaction plants shipped 24 liquefied natural gas (LNG) cargoes in the week ending February 7, while natural gas deliveries to these terminals decreased by 4.9 percent compared to the week before. The EIA said […]

US Trade Deficit
Finance

US Trade Deficit in 2023 Dropped 19%, as Goods Deficit with China Plunged 29%: Imports & Exports of Goods & Services

February 8, 2024 Stu Turley

The much improved (or rather less horrible?) trade deficit was one of the reasons GDP was much stronger than expected. By Wolf Richter for WOLF STREET. The US trade deficit in goods and services in the year 2023 […]

CRE
Finance

US Office CRE Mess Is Spread Far and Wide across Investors & Banks Globally. US Banks Eat only a Portion of the Losses

February 5, 2024 Stu Turley

Japanese, Canadian, and European banks started to confess. And for over a year, huge losses have hit investors, not banks. By Wolf Richter for WOLF STREET. What’s amazing about the mess of the office sector of commercial real […]

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