By Lori Aniti This article was published by the US Energy Information Administration on May 27, 2021. Annual spending on electricity distribution systems by major U.S. utilities continues to increase. Utilities spent $57.4 billion on [Read more]
By Steve Hanson and Emily Geary This article was published by the US Energy Information Administration on April 22, 2020. According to the North Dakota Oil & Gas Division’s February 2020 Director’s Cut & Monthly [Read more]
By Vikram Linga This article was published by the US Energy Information Administration on Jan. 30, 2020. In the latest long-term projections, the U.S Energy Information Administration (EIA) projects electricity generation from renewable sources such [Read more]
By Tyler Hodge This article was published by the US Energy Information Administration on Jan. 16, 2020. In its latest Short-Term Energy Outlook (STEO), released on January 14, the U.S. Energy Information Administration (EIA) forecasts [Read more]
As the use of natural gas fired power plants rises, a number of coal-fired power plants have been retired. ELP.com photo. Natural gas prices drop below coal prices, boosting gas use at natural gas fired [Read more]
Hedge fund managers are increasingly betting Saudi Arabia and its allies cannot or will not replace all the crude lost from the market when U.S. sanctions on Iranian oil go into effect fully from November. [Read more]
If the United States chooses to escalate the trade dispute rapidly while China elects to ride out the attack and wait for the costs to rebound on the U.S. and global economies, the damage to [Read more]
China opted to not include US LNG on its list of products from the United States that will face hefty import duties beginning on Friday, but Beijing may use LNG sales later should the trade [Read more]
According to the United States Energy Information Administration, US oil production reached a record high of 10.47 million barrels per day in March. Anadarko photo. US oil production up 215,000 b/d in March Data from [Read more]
China says it will import record volumes of US crude and will probably import more commodities from the United States in an effort to stave off a trade war between the world’s two top economies. [Read more]
Senior market analyst, John Kemp says the impact of oil prices on the U.S. trade deficit and the exchange rate is becoming much less significant than before. Statoil photo. Higher oil prices will help US producers, [Read more]
TransCanada could begin clearing land in Montana this fall, as part of the initial steps in construction of its highly contentious Keystone XL pipeline. Canadian Press photo by Alex Panetta. TransCanada expects construction of Keystone [Read more]
Exascale supercomputer will provide 50 to 100 times greater performance than current fastest US supercomputer US Secretary of Energy Rick Perry announced a Request for Proposals (RFP), potentially worth up to $1.8 billion, for the development [Read more]
Trade tensions between the United States and China are creating uncertainty for businesses, and could threaten their global supply chains and future investment plans. By John Kemp LONDON, April 10 (Reuters) – Trade tensions between [Read more]
Investors and traders are probably underestimating the difficulty of the negotiations and the risk the United States and China could drift into a damaging trade war by accident. Getty Images photo by Chip Somodevilla. Game of [Read more]
President Donald Trump has insisted a trade war is winnable and pushed his officials to increase the scope of the target list and China has appeared anxious to avert a trade conflict but threatened a [Read more]
The US LNG industry is concerned the Trump tariffs and a possible trade war with China could make American projects less attractive. Cheniere Energy photo. Trump tariffs could curb new US LNG developments According to [Read more]
US domestic market can only absorb 1/4 of extra 4 million b/d of US light crude expected to enter market in 2023 As tight-oil production continues to grow, the US is positioning itself as a [Read more]
Heavy oil traditionally trades at a discount…as demand rises, discount should start disappearing Commentary from Oilprice.com Across the world’s big energy markets, the energy war rages on. OPEC and U.S. producers have been competing for [Read more]
Citing an early exit from some projects with Rosneft due to 2014 sanctions imposed on Russia by the US and European Union, Exxon recorded a $200 million after-tax loss in the final quarter of 2017. Sputnik [Read more]
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