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HomeUS Energy News

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Minnesota
Energy Regulations

In northern Minnesota, early adopters make the case for cold-climate heat pumps

August 17, 2023 Mariel Alumit

​Correction: Buildings account for about 40% of Minnesota’s total energy consumption. An earlier version of this story misattributed the figure to heating only. Michael Overend and Lucy Grina love to show visitors around their home, […]

Energy Regulations

Can cutting fees and red tape help lure solar companies back to this Virginia county?

August 17, 2023 Mariel Alumit

​ One by one, tiny solar companies abandoned their rooftop ambitions in Prince William, defeated by tangles of red tape in the booming Northern Virginia county. Undeterred, Ray Masavage, owner of CAVU Solar since 2018, […]

Biden
Energy Policy

Biden’s historic climate law has a problem

August 16, 2023 Mariel Alumit

The Inflation Reduction Act turns one year old this week. The law is President Joe Biden’s biggest climate achievement to date, with nearly $370 billion available for clean energy and climate programs. But just how much that investment will […]

policies
Energy Policy

Wake up, America: Our climate policies are a catastrophe in the making

August 16, 2023 Mariel Alumit

In a recent Senate hearing, Sen. John Kennedy (R-LA) managed to extract from the deputy energy secretary three critical admissions concerning emissions. One, the United States is currently responsible for only 13% of global carbon emissions, and we cannot […]

Permian
Crude Oil News

Natural Gas Drives Permian Pipeline Growth

August 16, 2023 Mariel Alumit

Summary As oil production in the Permian has increased, natural gas production has also seen significant growth, creating opportunities for midstream companies. Permian pipeline operators are expanding existing natural gas pipes, while one new build […]

Energy
Investments

Pipeline Company Energy Transfer to Buy Crestwood in $7.1 Billion Deal

August 16, 2023 Mariel Alumit

(Bloomberg) — Billionaire Kelcy Warren’s Energy Transfer LP will buy Crestwood Equity Partners LP in a $7.1 billion all-equity deal that will create a major expansion of its pipeline networks across the US. The deal […]

Inflation
Energy Policy

One Year Later, Inflation Reduction Act Implementation Remains A Mess

August 16, 2023 Mariel Alumit

Today marks the one-year anniversary of President Biden signing the Inflation Reduction Act (IRA) into law. Despite the misleading name—the law was never about reducing inflation—the IRA is a quintessential example of Democrats’ vision for […]

Price
EIA News

Summer Midwest distillate inventories rise amid high production and transit constraints

August 16, 2023 Mariel Alumit

 August 16, 2023 Data source: U.S. Energy Information Administration, Weekly Petroleum Status Report Midwest distillate inventories increased rapidly in June and early July due to increased regional refinery production and limitations on moving […]

Crude Oil News

WTI Holds Losses Despite Bigger Than Expected Crude Draw

August 15, 2023 Mariel Alumit

Oil prices fell again today – to two-week lows – as dismal data out of China raised doubt on demand forecasts. “Oil markets are suffering from economic growth concerns,” said Giovanni Staunovo, an analyst at […]

Price
EIA News

U.S. natural gas pipeline exports to Mexico set a monthly high in June 2023

August 15, 2023 Mariel Alumit

 August 15, 2023 Data source: Wood Mackenzie U.S. natural gas pipeline exports to Mexico averaged a record 6.8 billion cubic feet per day (Bcf/d) for June 2023, which is 0.1 Bcf/d greater than […]

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