The US’ Inflation Reduction Act (IRA) has been the wonder of the world in terms of focusing dollars on clean energy projects. These ambitions may be undone, though, if the country cannot tackle its grid […]
August 31, 2023 Data source: U.S. Energy Information Administration, Gasoline and Diesel Fuel Update, and U.S. Bureau of Labor Statistics (BLS)Note: Weekly data reflect U.S. average regular gasoline retail price for all formulations. […]
Daily Standup Top Stories Cruise ship with thousands on board collides with oil tanker, leaving passengers injured August 30, 2023 Mariel Alumit A P&O cruise ship has collided with an oil tanker off the coast of […]
Super-strong oil and gas economies. The Permian basin of West Texas and Southern New Mexico is the premier oil and gas basin of the U.S., and one of the most prolific basins in the world. It […]
Opportunity cost is a central concept in economics. Economics is about the unseen versus the seen. Resources spent in one direction are not spent in another. The same goes for corporations as politically correct, economically […]
The low interest in the first-ever auction of offshore wind farm development rights in the Gulf of Mexico marks a potentially serious setback for U.S. President Joe Biden’s green energy agenda, and the U.S. offshore […]
Much of the national power grid is facing substantial reliability problems over the next decade, and as soon as this summer, without rapid investment in both electricity generation and transmission. The Australian Energy Market Operator […]
August 30, 2023 Data source: U.S. Energy Information Administration estimates based on trade press and data by the International Group of Liquefied Natural Gas Importers (GIIGNL) Note: Capacity additions include projects that came online in […]
A share of $9.7 billion in funding under the Inflation Reduction Act can help Ohio’s rural electric cooperatives save money while cutting greenhouse gas emissions. Buckeye Power, which provides generation and transmission services for […]
Daily Standup Top Stories Manufacturers Leaving China Find a Home With Indian Startups August 29, 2023 Mariel Alumit BENGALURU, India— In early 2020, as the pandemic was shutting down global commerce, a Pennsylvania company was having […]
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