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HomeUS Energy News

US Energy News

Finance

Russia, China completely abandon US dollar in bilateral trade, says Russian PM

December 22, 2023 Stu Turley

Russia and China have completely abandoned the use of Western currencies, including US Dollar, in their bilateral trade, said Russian Prime Minister Mikhail Mishustin on Tuesday (Dec 19). While speaking during a meeting with his […]

Critical Minerals

Judge orders removal of wind farm opposed by Osage Nation

December 22, 2023 Stu Turley

A judge has ordered the removal of a wind farm in Osage County and set a trial for damages in a win for the Osage Nation and its Mineral Council, which, along with the federal […]

U.S.
Climate Crisis

Biden Finally Picks A Side In The Big Clean Energy Fight Dividing Democrats

December 22, 2023 Stu Turley

The Biden administration sided with Senate climate hawks in one of the highest-stakes debates over the future of U.S. efforts to cut planet-heating emissions, announcing its long-awaited proposal on Friday for strict rules on production of […]

Energy
Carbon Tax

Decision looms on Duke Energy’s bid to use green tariffs to help comply with N.C. carbon law

December 22, 2023 Stu Turley

​ From corporate giants like Google to individual families, plenty of Duke Energy customers in North Carolina want to do their part in the transition to clean energy. But if the Charlotte-based utility’s proposed green […]

Crude Oil News

Hess and Oxy emerge as top winners in Gulf of Mexico oil lease sale

December 22, 2023 Stu Turley

World Oil (Bloomberg) — Hess Corp. was the high bidder in a U.S. auction for drilling rights in the Gulf of Mexico, which raised a total of $382 million from oil giants before the Biden […]

Electric Vehicles

New Registrations of Gasoline Vehicles Are Still Growing Despite the EV Push

December 22, 2023 Stu Turley

IER Key Takeaways 1: Despite enormous federal spending, subsidies, incentives, and regulations to drive internal combustion engines out of the market, electric vehicles make up just 1 percent of vehicles in operation in the United […]

Exports

US weekly LNG exports down to 22 cargoes

December 22, 2023 Stu Turley

US liquefied natural gas (LNG) exports decreased in the week ending December 20 compared to the week before, according to the Energy Information Administration. The agency said in its weekly natural gas report that 22 […]

Exxon
Crude Oil News

Exxon Mobil: Merger With Pioneer And Expected Rising Oil Prices (Rating Upgrade)

December 21, 2023 Mariel Alumit

Exxon Mobil is set to acquire Pioneer Natural Resources, which will increase its oil and gas sales and make it the largest player in the Permian Basin. The oil market balance is expected to be […]

energy
Political

Blue states are stripping rural counties of ability to prevent green energy takeover of their communities

December 21, 2023 Mariel Alumit

Several blue states have deprived rural counties of the ability to reject the massive green energy projects that corporations want to site in their communities, while green industrial interests and environmentalist groups have poured money […]

Bitcoin
Bitcoin

Bitcoin Miner Marathon Acquires 2 High-Capacity Mining Facilities for $178.6M

December 21, 2023 Mariel Alumit

On Tuesday, Marathon Digital Holdings, a leading bitcoin mining company listed on public markets, revealed its acquisition of two fully operational bitcoin mining facilities, representing a combined capacity of 390 megawatts (MW). For these facilities, […]

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