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HomeUS Energy News

US Energy News

Octopus
Press

Octopus dives into US solar power market

June 20, 2024 Mariel Alumit

Octopus Energy, the UK’s largest electricity supplier, has marked its debut in the US renewables market with the acquisition of two solar farms. This move is part of Octopus Energy’s ambitious plan to invest $2 […]

Offshore wind
Electrical Generation / Utilities

Offshore wind energy will come at a high cost to Northeast taxpayers

June 19, 2024 Mariel Alumit

As a renewable energy source, offshore wind appears to be free. In reality, it is among the most expensive electricity options available, and the current plans to develop giant wind farms off the U.S. East […]

Trump
Crude Oil News

Trump Says He’ll Restart Oil Drilling in Alaska Wildlife Refuge

June 19, 2024 Mariel Alumit

ENB Pub Note: I do not mind drilling for oil and gas in Alaska’s wildlife areas. Our oil and gas companies are the best in the world and can minimize environmental impact. Our wind installations, […]

Data centers
AI

Data centers offer energy peril and promise, with the Midwest increasingly in the crosshairs

June 18, 2024 Mariel Alumit

Southeastern Wisconsin and the Chicago area are emerging as major players in the national data center explosion, most notably with Microsoft’s $3.3 billion planned data complex near Racine, Wisconsin. Clean energy advocates in the region […]

nuclear power
Energy Crisis

Senate set to send nuclear power boost to Biden’s desk

June 18, 2024 Mariel Alumit

The bipartisan bill is seen as a win for the nuclear power industry — making it quicker and less expensive to build them. The legislation seeks to reduce fees for companies that are proposing to build nuclear reactors and […]

Biden
Crude Oil News

Biden prepared to use oil reserves again to lower gas prices

June 18, 2024 Mariel Alumit

President Joe Biden is prepared to release more oil from the country’s strategic reserves if gas prices increase during the summer. This is the latest plan by the Biden administration to counter higher prices at the pumps and […]

Joe Biden
Crude Oil News

Joe Biden Plans to Use Oil Reserves to Artificially Lower Gas Prices Before the November Election

June 18, 2024 Mariel Alumit

Joe Biden plans to deplete the U.S. oil reserves to artificially lower gas prices just months before the presidential election. When Biden took office in January 2021, the nationwide average gas price was $2.39 per […]

refinery capacity
Diesel

U.S. refinery capacity increased 2% in 2023

June 18, 2024 Mariel Alumit

Operable atmospheric crude oil distillation capacity, our primary measure of refinery capacity in the United States, increased by 2%, or 324,000 barrels per day (b/d), in 2023, according to our recently published Refinery Capacity Report. Every […]

US
Crude Oil News

Three states sue US to block $7bn decommissioning payments rule

June 18, 2024 Mariel Alumit

Louisiana, Texas, and Mississippi have sued the US government to block the proposed rule set forth by the Biden administration requiring the offshore oil and gas industry to provide nearly $7bn in financial assurances to […]

oil and gas
Crude Oil News

US drillers cut oil and gas rig count to lowest since January 2022 -Baker Hughes

June 17, 2024 Mariel Alumit

June 14 (Reuters) – U.S. energy firms this week cut the number of oil and natural gas rigs operating to the lowest since January 2022, energy services firm Baker Hughes (BKR.O), said in its closely followed report […]

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