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HomeUS Energy News

US Energy News

UBS
Crude Oil News

UBS: Francine May Have Disrupted 1.5 Million Barrels of U.S. Crude

September 12, 2024 Mariel Alumit

Analysts at Wall Street bank UBS estimate that hurricane Francine may have disrupted up to 1.5 million barrels of U.S. crude production. The Weather Channel expects Hurricane Francine to “continue to weaken as it tracks […]

Electric Vehicles

GM in Talks to Buy Chinese Batteries Made in US by Japan’s TDK

September 12, 2024 Stu Turley

Deal to license CATL technology similar to Ford, Tesla accords Pact comes as US policymakers scrutinize China ties on EVs General Motors Co. is in discussions to buy electric vehicle batteries that would use technology from […]

Texas LNG
LNG

Glenfarne’s Texas LNG seals new offtake deal

September 12, 2024 Mariel Alumit

According to a statement by Glenfarne, Texas LNG entered into the deal with a “highly experienced, investment-grade, global LNG player” for a long-term LNG sale and purchase agreement. Glefarne did not reveal the name of […]

California
Electrical Generation / Utilities

California could cut utility bills with distributed energy. Why isn’t it?

September 12, 2024 Mariel Alumit

  California policymakers are searching for ways to rein in the cost of expanding the state’s power grid, which is necessary to combat climate change. Experts warn they’re missing an opportunity that’s right in front […]

Oil
Crude Oil News

Oil Moves Lower as EIA Confirms Small Crude, Gasoline Build

September 11, 2024 Stu Turley

Crude oil prices went down today after the Energy Information Administration reported an estimated inventory build of 800,000 barrels for the week to September 6. This compared with a draw of 6.9 million barrels for the previous week, which […]

Cheniere’s Sabine Pass
Exports

Cheniere’s Sabine Pass LNG terminal prepares for Tropical Storm Francine

September 11, 2024 Mariel Alumit

According to the US National Hurricane Center, Tropical Storm Francine is expected to strengthen into a Category 1 hurricane Tuesday and make landfall Wednesday over Louisiana. “Cheniere continues to monitor TS Francine’s progress,” a spokesman […]

Eagle LNG
Exports

Eagle LNG gets more time to build Jacksonville terminal

September 11, 2024 Mariel Alumit

Back in September 2019, the FERC granted a five-year authorization to Eagle LNG Partners Jacksonville to site, construct, and operate the LNG terminal on the St. Johns River in Jacksonville. However, Eagle LNG requested in […]

Energy Experts
Climate Crisis

Energy Experts Say Kamala’s Energy Plan Is ‘Gibberish Designed To Muddy A Record’

September 11, 2024 Stu Turley

Harris’s energy stance uses vague, euphemistic language, revealing she hasn’t really changed her views, energy experts claim. ​The Harris campaign unveiled an explanation of her positions on energy issues on Monday, and the euphemistic language […]

Electric Vehicles

Energy notes from the edge: EV industry on limp-home mode; Greenpeace’s firehose used against them and they’re not happy

September 10, 2024 Mariel Alumit

Summer was pretty quiet, thankfully, but time for a jolt to get reengaged. There’s no better way than getting yelled at, so today let’s talk about a surefire recipe – Electric Vehicles. Those that love […]

Permian Basin
Crude Oil News

Permian Basin Gas Pipeline Capacity Set to Increase with New Projects

September 10, 2024 Mariel Alumit

Natural gas pipeline capacity in the Permian Basin is gearing up for significant gains with the upcoming launch of the Matterhorn Express Pipeline. The 2.5 billion cubic feet per day (Bcf/d) pipeline, expected to begin […]

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