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HomeUS Energy News

US Energy News

Commercial Truck
Electric Vehicles

Cost of Electrifying Commercial Truck Fleet is $1 Trillion

April 2, 2024 Mariel Alumit

In infrastructure alone, full electrification of the U.S. commercial truck fleet would require nearly $1 trillion according to a new report from Roland Berger released on March 19 by the Clean Freight Coalition. The study forecasts an infrastructure […]

Berkeley
Natural Gas

Berkeley to Junk Ban on Natural Gas Piping after Losing Suit

April 2, 2024 Mariel Alumit

The California Restaurant Association (CRA) said the Berkeley city government has agreed to repeal its ban on natural gas infrastructure in new buildings to settle a lawsuit filed by the group. The CRA had in […]

nuclear reactors
Exploration and Production

U.S. shale drillers to reduce Permian drilling emissions, increase reliability with nuclear reactors

April 2, 2024 Mariel Alumit

(Bloomberg) – U.S. oil and gas companies including Diamondback Energy Inc. are considering small nuclear reactors to power drilling operations in Texas’s Permian basin, a move aimed at cutting carbon emissions and ensuring reliable access […]

liquefied natural gas
EIA News

The United States was the world’s largest liquefied natural gas exporter in 2023

April 2, 2024 Mariel Alumit

The United States exported more liquefied natural gas (LNG) than any other country in 2023. U.S. LNG exports averaged 11.9 billion cubic feet per day (Bcf/d)—a 12% increase (1.3 Bcf/d) compared with 2022, according to […]

Texas
Offshore

Gulf’s next wind auction puts focus on Louisiana after Texas shuns renewables

April 1, 2024 Mariel Alumit

Political winds, rather than the strength of actual air currents, are steering offshore wind energy development from Texas to Louisiana. After the Gulf of Mexico’s first-ever offshore wind lease auction drew zero bids for sites […]

Kimmeridge
Crude Oil News

Kimmeridge Issues Open Letter to SilverBow Shareholders

April 1, 2024 Mariel Alumit

Remains ready to engage in good faith negotiations with SilverBow towards value-enhancing combination Publishes comprehensive financial and operational data on KTG to support shareholders in analyzing Kimmeridge’s proposal SilverBow made no contact with Kimmeridge before rejecting the March 13 proposal, […]

Oil
Crude Oil News

Oil up 1%, US WTI at 5-month closing high, market seen tight

April 1, 2024 Mariel Alumit

NEW YORK, April 1 (Reuters) – Crude prices edged up about 1% on Monday with U.S. futures closing at a five-month high, on expectations that economic growth in the U.S. and China will boost demand, […]

Yellen
Energy Policy

Yellen challenges clean energy subsidies for market fairness

April 1, 2024 Mariel Alumit

On March 27, 2024, U.S. Treasury Secretary Janet Yellen announced a plan to contest certain clean energy subsidies. She argues that these subsidies create an uneven marketplace, which negatively impacts U.S. industries and their international […]

Biofuels Industry
Biofuel

USA Biofuels Industry is Booming

April 1, 2024 Mariel Alumit

The biofuels industry in the U.S. is booming. That’s what Rystad Energy stated in a release sent to Rigzone recently, adding that a “fresh surge in production is just around the corner thanks to increased […]

electricity
Coal

Good news and bad news on Pa. electricity includes reduced CO2 emissions but high costs for residents

April 1, 2024 Mariel Alumit

There’s the good news regarding the state’s electricity generation for 2023. Electricity was cleaner and local electricity was more reliable. Pennsylvania reduced its carbon dioxide emissions by 10%, the largest year-over-year decline since 1990, largely […]

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