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HomeUS Energy News

US Energy News

crude oil
Crude Oil News

The Administration may release more crude oil from the SPR to lower gasoline prices before the election

April 19, 2024 Mariel Alumit

White House senior adviser John Podesta said Tuesday, April 16, 2024, that President Joe Biden will do anything to ensure affordable gasoline prices. When asked if the Administration was considering releasing more crude oil from the Strategic […]

U.S. hydropower
EIA News

U.S. hydropower generation expected to increase by 6% in 2024 following last year’s lows

April 19, 2024 Mariel Alumit

Last year, U.S. hydropower electricity generation fell to its lowest since 2001. This year, we expect hydropower to increase 6% and account for 250 billion kilowatthours of electricity generation in the power sector, based on forecasts […]

bp
Crude Oil News

bp focuses on Gulf of Mexico despite play-opening discoveries by peers in Guyana, Namibia

April 18, 2024 Mariel Alumit

(Bloomberg) – For a company that made its name with frontier oil discoveries from Iran to Alaska, bp Plc is notably absent from today’s hottest new oil plays. The company’s head of exploration and production […]

natural gas
Electrical Generation / Utilities

Georgia Power receives approval to add 1.4 GW of natural gas generation

April 18, 2024 Mariel Alumit

Dive Brief: Georgia Power, a subsidiary of Southern Company and Georgia’s main utility, received approval on Tuesday from the Georgia Public Service Commission on an integrated resource plan update which proposed 1,400 MW of new gas and […]

energy
Energy Policy

Unlocking America’s energy potential by reversing Biden’s LNG export ban

April 18, 2024 Mariel Alumit

When energy security and economic prosperity hang in the balance, the importance of prioritizing American energy production cannot be overstated. That is why it is imperative to reverse President Biden’s ban on future liquefied natural […]

Nuclear Plant
Legal

Owner Of New York City’s Defunct Nuclear Plant Sues The State

April 18, 2024 Mariel Alumit

The company that owns the shuttered nuclear plant that once provided the bulk of New York City’s zero-carbon electricity is suing the state over a law passed last year specifically to block the Indian Point […]

Alaska House
Carbon Capture

Alaska House, seeking to boost oil and gas business, approves carbon storage bill

April 18, 2024 Mariel Alumit

The Alaska House of Representatives voted Wednesday to allow companies to collect carbon dioxide and inject it deep underground. Supporters said they believe it will boost the state’s oil, coal and gas industries. Legislators passed House Bill […]

natural gas
EIA News

U.S. natural gas trade will continue to grow with the startup of new LNG export projects

April 18, 2024 Mariel Alumit

In our recently released Short-Term Energy Outlook (STEO), we forecast that U.S. liquefied natural gas (LNG) exports will continue to lead growth in U.S. natural gas trade as three LNG export projects currently under construction start operations and ramp […]

Duke Energy
Electrical Generation / Utilities

Critics: Duke Energy’s new N.C. green tariff proposal still falls short

April 18, 2024 Mariel Alumit

​ After blowback and months of deliberation over its green tariff proposal, Duke Energy is now suggesting a new twist meant to speed the addition of carbon-free electrons to North Carolina’s grid. The utility’s proposed […]

carbon dioxide pipelines and sequestration
CCUS

Illinois bills seek to regulate carbon dioxide pipelines and sequestration 

April 17, 2024 Mariel Alumit

  Carbon dioxide pipeline and sequestration projects would face significant new scrutiny and regulations under proposed legislation introduced this week in Illinois. Advocates who helped draft the proposal (SB 3930, HB 5814) say it is […]

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