U.S. propane consumption hit a record high of 1.48 million barrels per day (b/d) during January 2025, according to an April 7 report published by the U.S. Energy Information Administration. Propane consumption during January 2025 was the highest monthly amount since February 2007 and the highest January consumption on record. The increase in propane consumption…...
PJM Interconnection LLC, which operates the grid across 13 states and the District of Columbia, has proposed a price cap and floor for its upcoming capacity market auctions for the 2026/2027 and 2027/2028 delivery years. Though intended as a temporary measure to restore stability to the…Read the full report…...
PJM Interconnection LLC, which operates the grid across 13 states and the District of Columbia, has proposed a price cap and floor for its upcoming capacity market auctions for the 2026/2027 and 2027/2028 delivery years. Though intended as a temporary measure to restore stability to the capacity market, the move has raised concerns about market distortion by artificially inflating prices and stifling investment signals.
The U.S. Energy Department on April 1 announced the repeal of a policy statement issued under the Biden administration that required authorized liquefied natural gas exporters to meet specific criteria before the agency would consider extending the commencement date for an approved project. The move aligns with the Trump administration’s efforts to expand U.S. oil…...
U.S. natural gas usage averaged a record 90.3 billion cubic feet per day (Bcf/d) during 2024, up one percent or 0.9 Bcf/d compared to 2023, according to a March 31 report published by the U.S. Energy Information Administration. U.S. natural gas consumption achieved new winter and summer monthly highs in January and July 2024. During…...
The U.S. Interior Department on March 27 announced the distribution of around $353.6 million in energy revenues to the four Gulf of America gas and oil producing states. The funds, distributed yearly, are generated from offshore gas and oil production and are allocated to support coastal protection, infrastructure projects and restoration. The Gulf of Mexico…...
The U.S. exported 11.9 billion cubic feet per day (Bcf/d) of liquefied natural gas (LNG) during 2024, according to a March 27 report published by the U.S. Energy Information Administration. The U.S. remains the world’s top LNG exporter, with export volumes in 2023 at a similar level. LNG exports from other major exporting countries –…...
The U.S. Interior Department is taking actions to expand energy development opportunities in Alaska’s federal lands including the Arctic National Wildlife Refuge and the National Petroleum Reserve-Alaska. President Trump signed an executive order in January, titled Unleashing Alaska’s Extraordinary Resource Potential, to maximize the development and production of natural resources located on both federal and…...
The Trump administration is advancing a sweeping agenda to overhaul U.S. energy and environmental policy, prioritizing…Read the full report …...
The Trump administration is advancing a sweeping agenda to overhaul U.S. energy and environmental policy, prioritizing deregulation and energy independence.
The U.S. Energy Department on March 19 authorized Venture Global’s proposals to export liquefied natural gas from its CP2 LNG project in Louisiana that had previously faced significant delays under the Biden Administration. The approval follows President Donald Trump’s energy dominance agenda, which seeks to significantly expand U.S. oil and gas production and exports. The…...
