Tag Archives: United States of America

The Biden administration on Monday reversed a Trump administration plan that would have allowed the government to lease more than two-thirds of the country’s largest swath of public land in Alaska to oil and gas drilling. This rollback of the Trump-era plan will remove nearly 7 million acres from possible …

According to the U.S. Energy Information Administration (EIA) report, weekly LNG exports have increased by six vessels from last week, with Henry Hub prices also going up. In the latest Short-Term Energy Outlook report for the week between 14 April and 20 April, EIA says 26 vessels departed the United …

U.S. Shale production in the seven most prolific shale basins is set to increase 132,000 bpd in May to 8.649 million bpd, according to the Energy Information Administration’s latest Drilling Productivity Report published on Monday. It would be the largest monthly production increase since March 2020, according to EIA data. …

The U.S. Energy Information Administration (EIA) lowered its 2022 Brent spot average price forecast in its April Short Term Energy Outlook (STEO) report, which was released recently. According to the latest STEO, the EIA now sees Brent spot prices averaging $103.37 per barrel this year, which marks a near $2 …

The U.S. government, under pressure to lower gas prices, announced on April 15 that it will resume the sale of leases for oil and gas drilling on federal lands while imposing new conditions, including the first hike in royalties in more than 100 years. Shortly after coming to office in …

Power generation from wind turbines was the second-largest source of electricity in the United States on March 29, behind only natural gas and surpassing both coal and nuclear power generation for the first time on record, the U.S. Energy Information Administration (EIA) said on Thursday. On March 29, wind turbines …

U.S. natural gas production will decline by 5 percent by 2050, and consumption will shed 4 percent if no new interstate pipelines are built, the Energy Information Administration said in its latest Annual Energy Outlook. This, in turn, will lead to higher gas prices, the authority also said, and this …

U.S. natural gas production will decline by 5 percent by 2050, and consumption will shed 4 percent if no new interstate pipelines are built, the Energy Information Administration said in its latest Annual Energy Outlook. This, in turn, will lead to higher gas prices, the authority also said, and this …

At least 45% of U.S. coal power is set to disappear by the end of the decade, a figure that will likely rise as more utilities conclude their coal-fired plants no longer make financial sense to operate, according to the Institute for Energy Economics and Financial Analysis. Electricity producers have …

Oil prices dropped sharply on Thursday after reports that U.S. President Joe Biden is considering the release of up to 180 million barrels from the country’s strategic petroleum reserve (SPR). Biden is set to give remarks later on Thursday, with multiple outlets reporting that the plan to cool soaring crude …