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HomeUS Energy News

US Energy News

California
Electrical Generation / Utilities

California admits its reckless renewable energy dream is failing

December 21, 2023 Mariel Alumit

California’s dream of renewable green energy has left the state worse off, and even California Democrats have recognized just how deep the failure runs. California energy regulators on Thursday voted to extend the lifespan of the Diablo […]

Bird
Bankruptcy

Electric scooter company Bird files for bankruptcy

December 21, 2023 Mariel Alumit

Bird filed for Chapter 11 bankruptcy protection in Florida federal court Wednesday. In a release, Bird said it will use the bankruptcy proceeding to facilitate a sale of its assets, which it expects to complete […]

Offshore Oil
Crude Oil News

Biden’s 5-Year Offshore Oil and Gas Lease Plan Has the Fewest Sales Auctions Ever

December 21, 2023 Stu Turley

Key Takeaways 1. President Joe Biden has decided to have the fewest offshore oil and gas leases in history as he will only hold 3 over 5 years—far fewer than the 47 sales proposed by […]

shale
Crude Oil News

U.S. shale drillers to cut spending after 2023 oil production boom

December 21, 2023 Stu Turley

World Oil (Bloomberg) – Closely held operators, once the engine to the Permian’s shale growth coming out of the pandemic, are now expected to lead U.S. oil drillers into spending contraction next year. Private oil and […]

Offshore Wind
Energy Transition

Another Offshore Wind Farm Hits the Dust

December 20, 2023 Stu Turley

Key Takeaways 1: The developer of “Icebreaker,” a small project in Lake Erie, announced it is pulling stakes on its six-turbine project. 2: The project received a $50 million grant under President Obama, but the […]

whole-house
Energy Transition

Maine turns its heat pump focus to ‘whole-house’ systems that can all but eliminate fossil fuel use

December 20, 2023 Stu Turley

​ New state incentives are pushing Mainers to adopt “whole-house” heat pump systems, making efficient electricity the primary home heat source and discouraging the secondary use of oil or gas. Federal tax credits are still […]

Kodiak Gas Services
M & A

Kodiak Gas Services, Inc. to acquire CSI Compressco LP in an $854 million all-equity transaction

December 20, 2023 Stu Turley

All-equity acquisition to create the industry’s largest contract compression fleet of 4.3 million revenue-generating horsepower Deepens Kodiak’s position in key operating areas, including over 2.8 million horsepower in the Permian Basin Expected annual run-rate cost […]

Energy
EIA News

Today In Energy Announcement

December 19, 2023 Stu Turley

December 19, 2023 We are excited to announce changes to Today in Energy (TIE). Beginning on January 8, Today in Energy will encompass a broader range of analysis. Pieces previously published as This Week in […]

Workforce
Energy Policy

Energy Workforce: Biden’s Gulf of Mexico leasing auction “detrimental” to U.S. energy supply

December 19, 2023 Mariel Alumit

(WO) – Energy Workforce & Technology Council released the following statement rebuffing the newly finalized Department of Interior 2024–2029 National Outer Continental Shelf Oil and Gas Leasing Program. The program holds the fewest oil and gas […]

New York
Climate Crisis

Pragmatic Environmentalist of New York

December 19, 2023 Mariel Alumit

Note: For quite a while now I have put my Citizens Guide to the Climate Act article as the top post on the website because it summarizes the Climate Leadership & Community Protection Act (Climate Act). This post updates my […]

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