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HomeUS Energy News

US Energy News

Oil
Crude Oil News

Oil settles flat, economic headwinds counter potential supply threats

April 16, 2024 Mariel Alumit

HOUSTON, April 16 (Reuters) – Oil prices settled flat to marginally lower on Tuesday after economic headwinds pressured investor sentiment, curbing gains from geopolitical tensions with eyes on Israel and its pending response to Iran’s […]

Wisconsin
Coal

States are acting to prevent their own electricity crisis

April 16, 2024 Stu Turley

The Wall Street Journal editorial board warned recently that the Biden Administration’s climate agenda is forcing the retirement of fossil-fueled power plants that supply almost 60 percent of U.S. electricity.  These power plants are essential to satisfy America’s rapidly […]

Freeport LNG
Exports

Freeport LNG Plant Runs Near Zero Consumption for Fifth Day

April 16, 2024 Mariel Alumit

(Reuters) — Freeport LNG’s liquefaction plant remains mostly offline for a fifth straight day, with gas utilization rates at 125 million cubic feet per day (MMcf/d), or 5% of its fully operational use, data from […]

United States
EIA News

The United States exported a record volume of natural gas in 2023

April 16, 2024 Mariel Alumit

The United States exported 10% more natural gas in 2023 than in 2022, a record of 20.9 billion cubic feet per day (Bcf/d), according to our Natural Gas Monthly. U.S. liquefied natural gas (LNG) exports accounted […]

Virginia
Energy Storage

Dominion battery pilot to provide hands-on training at historically Black university in Virginia

April 16, 2024 Mariel Alumit

  At 1.5 megawatts, the battery destined for a college campus near Petersburg, Virginia, might not be the mightiest in Dominion Energy’s growing storage fleet. But don’t underestimate its power and reach. In addition to […]

Illinois
EnergyNews

Illinois gives $1.6 million boost to justice-focused community solar projects

April 16, 2024 Mariel Alumit

  Thanks to a new infusion of state funding, three projects benefiting traditionally under-resourced Black, Brown and Indigenous communities in the greater Chicago area have taken one important step closer to fruition. Last week, the […]

AI
Energy Crisis

Power grids are facing more demand than ever. Policy needs to catch up.

April 15, 2024 Mariel Alumit

Todd Snitchler is the president and CEO of the Electric Power Supply Association, which represents U.S. competitive power suppliers. For the first time in decades, power demand is growing rapidly across nearly every part of the country […]

EQT
Finance

EQT Announces Non-Operated Asset Transaction with Equinor

April 15, 2024 Mariel Alumit

PITTSBURGH , April 15, 2024 /PRNewswire/ — EQT Corporation (NYSE: EQT) (“EQT”) announced it has entered into an agreement with Equinor USA Onshore Properties Inc. and their affiliates to sell an undivided 40% interest in its non-operated natural gas assets in Northeast Pennsylvania, […]

Iran
Crude Oil News

Iran drone attack on Israel raises regional concerns for oil market

April 15, 2024 Mariel Alumit

Iran launched a barrage of drones at Israel, officials said April 13, in a significant escalation of tensions in the oil and gas rich Middle East, after earlier impounding an Israeli-linked cargo vessel near the […]

Gasoline Prices
Finance

Investors Bet On Further Rise In US Gasoline Prices

April 14, 2024 Stu Turley

By John Kemp, senior energy analyst at Reuters Portfolio investors have amassed one of the largest bullish positions in U.S. gasoline futures and options since before the coronavirus pandemic, anticipating that prices will continue climbing over […]

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