Electric Utilities Want Faster Rate Increases
The U.S. Energy Information Administration (EIA) reports electric utilities are seeking to cover the investments needed to maintain and expand their systems. They write:
Utility...
OPEC+ Has Yet to Realize It’s inside a Warming Kettle
Javier Blas of Bloomberg reports that the late Robert Mabro, one of the savviest oil-market observers, liked to say the cartel only got the job...
California’s Crushing Electric Bills
Liam Denning of Bloomberg reports that California must overhaul how it pays for the mounting costs of its efforts to address climate change. Denning...
North America’s LNG Export Capacity on Track to More than Double
The U.S. Energy Information Administration reports that North America’s LNG export capacity is on track to more than double by 2028. They write:
North America’s...
China’s Shipbuilding Goes After LNG Tankers
By Adin @Adobe Stock
Oliver Telling, Shotaro Tani, and Chan Ho-him of the Financial Times report that growing demand is forcing shipowners to turn to...
Global Off-Shore Wind Forecast
Petra Manuel and Kartik Selvaraju of RystadEnergy report that global offshore wind installations are to surpass 520 GW by 2040. They write:
Global offshore wind...
U.S. Experiences a Surge in Demand for Used Cooking Oil
Shariq Khan and Chen Aizhu of Reuters report that demand for used cooking oil (UCO) from U.S. renewable diesel producers has grown much faster...
California’s Solar Incentives Shift Costs to Non-Solar Households
The Public Advocates Office reports that California’s main rooftop solar incentive program (Net Energy Metering) will cost customers without solar an estimated $8.5 billion...
Well Productivity Is Contributing to Permian Production Gains
The U.S. Energy Information Administration reports that Permian production forecast growth is driven by well productivity and pipeline capacity. They write:
In our latest Short-Term Energy...
Natural-Gas Producers Are Choking Back Output
Ryan Dezember of The Wall Street Journal reports that prices have tumbled 30% from the recent peak in mid-June as high inventories have upended...