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HomeUS Energy News

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production
Crude Oil News

Permian production forecast growth driven by well productivity, pipeline capacity

August 22, 2024 Mariel Alumit

In our latest Short-Term Energy Outlook (STEO), we forecast that crude oil production in the United States will grow to an average of 13.7 million barrels per day (b/d) and marketed natural gas production will grow to an average […]

offshore wind
Offshore

US starts work on second Central Atlantic offshore wind auction

August 22, 2024 Mariel Alumit

The US Bureau of Ocean Energy Management (BOEM) has announced that it will be publishing a call for a second regional offshore wind energy sale in the Central Atlantic. This call invites public feedback on […]

Crude Oil News

Ovintiv Explores Sale of Oil Operations in Uinta Basin

August 21, 2024 Stu Turley

Uinta assets could be valued at as much as $2 billion in sale Value of oil and gas deals has roughly doubled this year Ovintiv Inc. is considering a possible sale of its operations in the […]

Texas
AI

Texas Faces Growing Electricity Needs

August 21, 2024 Mariel Alumit

Texas set an unofficial record for electricity use on Tuesday, driven by increased air conditioning demand during the August heatwave. ERCOT, the state’s grid operator, has not issued calls for energy conservation this year despite […]

Electric Vehicles

DAVID BLACKMON: Biden Exits As His Energy Policies Crumble All Around Him

August 21, 2024 Stu Turley

In his farewell speech to the Democratic National Convention Monday evening, lame duck President Joe Biden tripled down yet again on the false claim that former President Donald Trump is calling for a national “bloodbath” if he doesn’t get […]

Ford
Earnings

Ford Scraps Electric SUV in $1.9 Billion Hit to EV Ambitions

August 21, 2024 Stu Turley

Carmaker cancels fully electric three-row utility vehicle Spending on EVs will drop to about 30% of capex, from 40% Ford Motor Co. is recalibrating its electrification strategy yet again, canceling plans for a fully electric sport […]

Cheniere’s Corpus Christi
Exports

Cheniere’s Corpus Christi LNG expansion project 64 percent complete

August 21, 2024 Mariel Alumit

Cheniere’s Corpus Christi liquefaction plant now has three operational trains with each having a capacity of about 5 mtpa. In June 2022, Cheniere took a final investment decision on the Corpus Christi Stage 3 expansion project worth about $8 billion […]

Harris
Climate Crisis

Down Payment: Anti-Fossil-Fuel Crusaders Gave $55M To Support Harris Campaign

August 21, 2024 Mariel Alumit

Climate activist groups are putting up $55 million in support of Democratic VP Harris’ presidential campaign. Climate activist groups are putting up $55 million in support of Democratic Vice President Kamala Harris’ presidential campaign. [emphasis, […]

EV Charging Stations
Climate Crisis

Fact Check: Biden Claims Credit For 500,000 EV Charging Stations—Only 8 Were Built

August 21, 2024 Mariel Alumit

ENB Pub Note: The image created for this article is from X and was generated by Grok. It is more real than the charging stations created by the Biden / Harris administration.  A barking Joe […]

Ohio
Coal

Ohio coal plant subsidies still a bad deal for ratepayers despite growing generation demand, experts say

August 21, 2024 Mariel Alumit

  The pair of 1950s-era coal plants bailed out under Ohio’s House Bill 6 law are likely to remain unprofitable even after a surge in grid operator payments to generators, experts say. The PJM Interconnection […]

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