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HomeUS Energy News

US Energy News

Fossil

U.S. natgas eases on lower European prices ahead of storage report

October 28, 2021 Mariel Alumit

(Reuters) – U.S. natural gas futures eased on Thursday on rising output, forecasts for less demand over the next two weeks than previously expected and lower global gas prices after Russia said it would send […]

Commodities

U.S. consumers expected to spend more for heating oil this upcoming winter

October 27, 2021 Mariel Alumit

Source: U.S. Energy Information Administration, Short-Term Energy Outlook, Winter Fuels Outlook, October 2021 In our latest Winter Fuels Outlook, we expect higher heating oil prices and a slightly colder winter compared with last year will contribute to households across […]

Coal Production in US -EnergyNewsBeat
Coal

Coal Piles at 24-Year Low at U.S. Utilities on Demand Surge

October 26, 2021 Mariel Alumit

Coal stockpiles at U.S. power plants plunged to the lowest in at least 24 years as electricity generators burn the fuel faster than miners can dig it out of the ground. Inventories fell to 84.3 […]

U.S. coal exports
EIA News

EIA projects global conventional vehicle fleet will peak in 2038

October 26, 2021 Mariel Alumit

Source: U.S. Energy Information Administration, International Energy Outlook 2021 Reference case In our International Energy Outlook 2021, we estimate the global light-duty vehicle (LDV) fleet contained 1.31 billion vehicles in 2020, and we project this fleet will grow to […]

Cushing Oklahoma - ENB
Commodities

Want an 11% Yield? Give Oil a Try

October 22, 2021 Mariel Alumit

Time will tell which one is out of sync. Is it a forward oil curve that yields 11% on an annualized basis for investors, or is it a headline price of West Texas Intermediate crude […]

EIA News

U.S. consumers likely to pay more for propane heating during the upcoming winter

October 22, 2021 Mariel Alumit

Source: U.S. Energy Information Administration, Short-Term Energy Outlook: Winter Fuels Outlook In our Winter Fuels Outlook, to be released later today, we forecast that U.S. households will spend more money on energy this winter than last winter, especially […]

Pumpjack - Midland Texas
Exploration and Production

EXCLUSIVE U.S. slows down oil and gas mergers-sources

October 21, 2021 Mariel Alumit

 U.S. antitrust regulators have extended the approval process for at least five oil and gas mergers and acquisitions in the last three months, as President Joe Biden’s administration scrutinizes deals in a bid to tackle […]

Coal
Finance

Energy Crisis 2021: How Bad Is It, And How Long Will It Last? – Got any solutions?

October 21, 2021 Mariel Alumit

Crude oil is up 65% this year to $83 per barrel. Gasoline, above $3 per gallon in most of the country, is more costly than any time since 2014, with inventories at the lowest level […]

CCUS

EIA projects that energy-related carbon dioxide emissions will rise over the next 30 years

October 21, 2021 Mariel Alumit

Source: U.S. Energy Information Administration, International Energy Outlook 2021 In our International Energy Outlook 2021, we project that global energy-related carbon dioxide (CO2) emissions will increase for countries both inside and outside of the Organization for Economic Cooperation […]

LNG Ship -3 -ENB
EIA News

EIA projects non-OECD Asia to become the largest importers of natural gas by 2050

October 20, 2021 Mariel Alumit

Source: U.S. Energy Information Administration, International Energy Outlook 2021 In our International Energy Outlook 2021 (IEO2021), we project that non-OECD countries in Asia will collectively become the largest importers of natural gas by 2050. In 2020, the countries of […]

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