Daily Standup Top Stories Winter squeeze: Average energy bills could jump to £1,714 August 19, 2024 Mariel Alumit Energy bills across Britain might increase by 9% this winter, reaching an average of £1,714 a year for the typical household‘s gas and electricity. Consultancy Cornwall Insight has released its final forecast for the energy […] House Hearing Reveals […]
Continue ReadingDaily Standup Top Stories Senator Ted Cruz Introduces Bill to Repeal Biden’s Natural Gas Tax June 5, 2024 Mariel Alumit U.S. Senator Ted Cruz introduced legislation to repeal the natural gas tax included in the Biden administration’s Inflation Reduction Act, a release posted on Cruz’s website recently announced. Rigzone asked the Cruz camp what effect […] China […]
Continue ReadingDaily Standup Top Stories U.S. House Passes Bill Banning Federal Reserve From Issuing a CBDC June 3, 2024 Mariel Alumit The U.S. House of Representatives voted largely along party lines to prevent the Federal Reserve from issuing a central bank digital currency. The CBDC Anti-Surveillance State Act, introduced by Majority Whip Tom Emmer (R-Minn.), seeks […] Saudi […]
Continue ReadingDaily Standup Top Stories What’s Going on with Electric Vehicles? May 21, 2024 Mariel Alumit 2024 has not been kind to the electric vehicle, particularly in the United States. Sales are down, Tesla laid off staff, and EVs have been caught in the political crosshairs. The future of transportation may […] Oil falls 1% as US inflation […]
Continue ReadingDaily Standup Top Stories Replacing a Talen Energy coal-fired power plant with battery storage is infeasible: PJM May 6, 2024 Mariel Alumit An 800-MW, four-hour battery is “not a realistic option” for replacing Talen Energy’s 1,280-MW, coal-fired Brandon Shores power plant near Baltimore, according to the PJM Interconnection. The Sierra Club’s proposed battery storage solution to […]
Continue ReadingDaily Standup Top Stories California Considers Suing Exxon Over Plastic Pollution April 23, 2024 Mariel Alumit California is close to completing a two-year investigation into Exxon on allegations of plastic pollution. After that, the state will decide whether to sue the supermajor for polluting or not. That’s what California’s Attorney General […] Oil rises as dollar slips, […]
Continue ReadingDaily Standup Top Stories Oil Demand Outpaces Expectations, Testing Calculus on Peak Crude March 25, 2024 Mariel Alumit The world is using more oil than ever and demand is outpacing expectations again this year, raising questions about how soon global consumption will peak. The unabated thirst for crude contributed to an increasingly confident […] Don’t let California […]
Continue ReadingDaily Standup Top Stories Big Tech’s Latest Obsession Is Finding Enough Energy March 24, 2024 Stu Turley HOUSTON—Every March, thousands of executives take over a downtown hotel here to reach oil and gas deals and haggle over plans to tackle climate change. This year, the dominant theme of the energy industry’s flagship […] Sunday’s Energy Absurdity: When […]
Continue ReadingDaily Standup Top Stories Energy Giants Create Global Synthetic Natural Gas Coalition March 20, 2024 Mariel Alumit Supermajor TotalEnergies, another French energy giant, Engie, and U.S. Sempra Infrastructure have announced plans to create a global coalition to support the production and use of e-natural gas (e-NG), a synthetic natural gas produced from renewable hydrogen […] Deutschland: How Germany Is […]
Continue ReadingDaily Standup Top Stories CERAWEEK-BIG OIL EXECUTIVES PUSH BACK AGAINST CALLS FOR FAST ENERGY TRANSITION March 19, 2024 Mariel Alumit HOUSTON, March 18 (Reuters) – Top oil executives took to the stage of a major energy conference on Monday to vocally oppose calls for a quick move away from fossil fuels, saying society would pay a steep cost […] Up […]
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