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HomeUS Energy News

US Energy News

gas
EIA News

The number of operating U.S. natural gas rigs has declined 24% since start of 2023

October 25, 2023 Mariel Alumit

October 25, 2023 Data source: Baker Hughes Company On October 20, the Baker Hughes Company reported 118 natural gas-directed rigs were active in the United States, a decrease of 38 rigs since the start of […]

Exploration and Production

US energy M&A slows in Q3, but October’s mega deals to spark activity – Enverus

October 24, 2023 Mariel Alumit

Nasdaq Blockbuster takeovers by U.S. oil and gas majors Exxon and Chevron this month may spark further consolidation in the energy industry after a quieter third quarter for mergers and acquisitions in the sector, analytics […]

California
Electric Vehicles

California hits pause on GM Cruise self-driving cars due to safety concerns

October 24, 2023 Mariel Alumit

News|Technology The United States state of California has suspended testing of Cruise self-driving cars developed by General Motors (GM), citing safety concerns after a series of accidents and mishaps. California’s Department of Motor Vehicles (DMV) […]

No Picture
EIA News

Market prices for Renewable Fuel Standard credits are falling

October 24, 2023

 October 24, 2023 Data source: Oil Price Information Service and U.S. Bureau of Labor Statistics, Consumer Price Index The prices of ethanol (D6) and biomass-based diesel (D4) renewable identification number (RIN) credits—the compliance […]

Biofuel

Market prices for Renewable Fuel Standard credits are falling

October 24, 2023 Mariel Alumit

October 24, 2023 Data source: Oil Price Information Service and U.S. Bureau of Labor Statistics, Consumer Price Index The prices of ethanol (D6) and biomass-based diesel (D4) renewable identification number (RIN) credits—the compliance mechanism used […]

Invenergy
Energy Crisis

Invenergy’s 5-GW Grain Belt transmission project faces continued opposition at FERC

October 24, 2023 Mariel Alumit

Dive Brief: The Missouri Landowners Alliance on Friday urged the Federal Energy Regulatory Commission to require Invenergy to re-apply for permission to offer capacity on the $7 billion, 5-GW Grain Belt Express transmission project at negotiated rates. […]

Crude Oil News

Chevron to increase Guyana, Bakken shale production with $53 billion Hess acquisition

October 24, 2023 Mariel Alumit

World Oil (WO) — Chevron Corporation has entered into a definitive agreement with Hess Corporation to acquire all of the outstanding shares of Hess in an all-stock transaction valued at $53 billion, or $171 per […]

Embargo
Energy Crisis

The Embargo at 50: Regulatory Causality vs. Anti-Oil Narrative

October 23, 2023 Mariel Alumit

The terms “Oil Embargo” and “Energy Crisis” have been embedded in the nation’s history for a half-century. But that crisis was the result of government intervention, not market failure. Specifically, the age-old sin of government price controls […]

Microgrid
Energy Crisis

Delaying the Energy Transition: DER, Microgrid Developers Forced to Wait for Transformers, Interconnection, IRA Clarification

October 23, 2023 Mariel Alumit

Distributed energy resource (DER) and microgrid developers are grappling with long utility interconnection queues and transformer shortages, which are slowing their projects and increasing costs. In addition, nonprofit organizations are waiting for clarification about provisions […]

Ohio
Electrical Generation / Utilities

Utility refunds top priorities list for new Ohio consumers’ counsel

October 23, 2023 Mariel Alumit

​ Refunds for unlawful utility charges are a top priority for Maureen Willis, the veteran litigator who became Ohio’s new consumers’ counsel this month. The Office of the Ohio Consumers’ Counsel is a state-funded agency […]

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