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HomeUS Energy News

US Energy News

speed
Climate Crisis

This high speed train could be the first to be powered entirely by renewable energy

July 12, 2023 Mariel Alumit

California’s long-awaited high speed train will be solar powered, according to the California High-Speed Rail Authority. It’s been a rocky road so far for the California High-Speed Rail Authority’s promising new project. This high speed […]

ENERGY
Biofuel

SHORT-TERM ENERGY OUTLOOK

July 12, 2023 Mariel Alumit

Forecast overview U.S. economy. Our forecast assumes U.S. GDP growth of 1.5% in 2023 and 1.3% in 2024, which is revised up from last month’s forecast of 1.3% in 2023 and 1.0% in 2024. The upward […]

Texas
Energy Transition

Texas to receive $60 million from U.S. Department of Energy to strengthen electric grid

July 11, 2023 Mariel Alumit

The Texas Division of Emergency Management will receive $60.6 million from the U.S. Department of Energy to strengthen the state’s power grid infrastructure in preparation for future extreme weather. The Energy Department announced Thursday that the grant […]

Price
Crude Oil News

Crude oil and natural gas proved reserves held by public companies fell slightly in 2022

July 11, 2023 Mariel Alumit

July 11, 2023 Data source: Evaluate Energy International proved crude oil and natural gas reserves held by 187 publicly traded global exploration and production (E&P) companies declined by 5.6 billion barrels of oil equivalent (BOE) […]

Billions
Grid

The Professor Helping Guide Billions in Climate Spending

July 11, 2023 Mariel Alumit

PRINCETON, N.J.—The federal government is spending billions, maybe trillions, of dollars to address climate change. A small group of researchers at Princeton University has played an outsized role in figuring out where that cash should […]

Texas
Electrical Generation / Utilities

Batteries And Renewables Are Saving Texas During The Heat Wave

July 11, 2023 Mariel Alumit

Texas, along with much of the South, has been subject to a relentless, prolonged heat wave for several weeks – the kind of climate-fueled extreme weather event that scientists have warned us will happen with […]

Energy
Exploration and Production

Ring Energy Announces Accretive All Cash Asset Acquisition Strategically Expanding Core Operating Area

July 11, 2023 Mariel Alumit

THE WOODLANDS, Texas, July 11, 2023 (GLOBE NEWSWIRE) — Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) today announced it has entered into an agreement to acquire the Central Basin Platform (“CBP”) assets […]

America’s Green Skills Gap Raises Concerns About Energy Transition
Energy Transition

America’s Green Skills Gap Raises Concerns About Energy Transition

July 9, 2023 Mariel Alumit

Green skills in the U.S. aren’t growing as fast as green jobs, pressuring companies to get creative to find the workers they need to carry out the energy transition and take advantage of the historic amount of […]

California
Energy Policy

War over new rooftop solar rules rages on – California’s regulations are at their finest.

July 9, 2023 Mariel Alumit

A conspiracy between big government and big utilities to protect big corporate profits? No, no, the regulator said. A violation of law requiring rooftop solar to keep growing rapidly in California? That isn’t the law […]

Crude Oil News

Who’s Still Buying Russian Fossil Fuels In 2023?

July 8, 2023 Mariel Alumit

While Russia’s revenues from fossil fuel exports have declined significantly since their peak in March of 2022, many countries are still importing millions of dollars a day worth of fossil fuels from Russia. Revenue from […]

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