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HomeUS Energy News

US Energy News

Legal

Colorado lawmakers adopt cuts, hard choices as state faces $170 million budget shortfall

March 27, 2024 Mariel Alumit

Between March 15 and March 21, the six members of the Joint Budget Committee — the group of lawmakers in charge of drafting Colorado’s spending plan — found themselves with a problem. With just over a […]

Electrical Generation / Utilities

Small nuclear reactors may be coming to Texas, boosted by interest from Gov. Abbott

March 27, 2024 Mariel Alumit

This is the last of a three-part series on emerging energy sources and Texas’ role in developing them. You can read part one, on hydrogen fuel, here, and part two, on geothermal energy, here. Gov. Greg Abbott took the stage at the […]

orphan oil and gas wells
Crude Oil News

List of orphan oil and gas wells swells to more than 1,000 in Colorado as small operators abandon the state

March 27, 2024 Mariel Alumit

The number of orphan wells in Colorado has topped 1,000 — a four-fold increase in four years — as the state takes over 358 wells from two defunct oil and gas companies this spring. The […]

Osaka Gas
Exports

Osaka Gas sees little impact from Freeport LNG’s partial shutdown

March 27, 2024 Mariel Alumit

Japan’s Osaka Gas 9532 expects to see little impact on its balance of supply and demand for liquefied natural gas (LNG) from a partial shutdown of U.S. Freeport LNG’s facilities, the president of the city gas provider […]

National Grid
Electrical Generation / Utilities

National Grid announces $4B plan to upgrade upstate New York power grid

March 27, 2024 Mariel Alumit

National Grid’s $4 billion “Upstate Upgrade” campaign is intended to improve resiliency and deliver renewable power to towns in Central, Eastern and Western New York such as South Oswego, Lighthouse Hill and Black River, the […]

Phillips 66
Big Oil Companies

Phillips 66 explores sale of pipeline stake worth over $1 billion, sources say

March 27, 2024 Mariel Alumit

March 26 (Reuters) – U.S. oil refiner Phillips 66 (PSX.N),  is exploring a sale of its 25% stake in the Rockies Express Pipeline that it hopes could be worth more than $1 billion, including debt, people […]

pump prices
Downstream

Pump-Prices To Hit $4 A Gallon As “Real Sleeper Risk” For Oil Market Looms

March 27, 2024 Mariel Alumit

US oil prices have recently jumped above the $80 a barrel mark – the highest level since late 2023, sending worrying signals to the Federal Reserve and overly anxious White House. The surge in WTI […]

Fishing
Climate Crisis

Fishing industry reels over Biden’s destructive wind farm plan: It’s ‘coming at us from every direction’

March 27, 2024 Mariel Alumit

Time is running out for fishermen and women in the Northeast who fear their industry is being put at risk by the Biden administration’s renewable energy agenda. “Ground fishermen, lobstermen, whatever you are, you’re under […]

Oil
Crude Oil News

Oil settles lower as markets weigh Russian supply woes

March 26, 2024 Mariel Alumit

March 26 (Reuters) – Oil prices settled lower on Tuesday as investors took a more mixed view toward the loss of Russian refinery capacity after recent Ukrainian attacks. Front-month Brent crude futures due to expire […]

hydropower
EIA News

Western U.S. hydropower generation fell to a 22-year low last year

March 26, 2024 Mariel Alumit

According to preliminary data from our Electricity Data Browser, the least hydropower was generated in the western United States during the 2022–23 water year (October 1 through September 30) since at least 2001. Western region hydropower generation dropped […]

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