The U.S. Energy Department on May 20 finalized its 2024 study of liquefied natural gas exports, releasing its response to comments and concluding that the complete record from the study supports the view that exporting LNG from the U.S. is in the public interest. This action marks an important step towards resuming consideration of applications…...
Utility regulators in several U.S. states are stepping up efforts to plan for the future of natural gas as decarbonization and electrification efforts take hold. New initiatives are exploring…Read the full report …...
Utility regulators in several U.S. states are stepping up efforts to plan for the future of natural gas as decarbonization and electrification efforts take hold. New initiatives are exploring regulatory strategies to assess long-term gas system needs, manage stranded asset risks, and align utility planning with state climate targets.
Recent developments in global trade policy and oil production are expected to lead to lower Brent crude oil prices during the remainder of 2025 and 2026 than previously forecast, according to the U.S. Energy Information Administration’s May Short-Term Energy Outlook. The agency also forecasts natural gas prices to rise during 2025 and 2026, following historic…...
The U.S. Interior Department has announced plans to revise the Bureau of Ocean Management’s risk management and financial assurance regulations and develop a new rule that is in line with the Trump administration’s 2020 proposed regulatory guidelines. The amended measure, based on the 2020 proposed rule, would significantly reduce expenditures and red tape associated with…...
The U.S. Energy Department on May 2 announced the withdrawal of the classification of miscellaneous gas products as covered consumer products under the Energy Policy and Conservation Act. The withdrawal will exempt several miscellaneous gas products, a group that includes outdoor heaters and decorative hearths, from an array of redundant rules on their production and…...
The Bureau of Land Management’s Montana-Dakotas State Office leased 11 parcels totaling 4,266.06 acres for just over $3.4 million in its quarterly oil and gas sale, according to an April 29 press release. The auction proceeds will be shared between the federal government and the states of North Dakota and Montana. The BLM conducts oil…...
Below seasonal normal temperatures across the U.S. during January and February led to higher natural gas consumption and higher gas withdrawals from U.S. natural gas storage sites than normal, according to an April 28 report published by the U.S. Energy Information Administration. At the end of March, U.S. underground storage in the Lower 48 states…...
The Trump administration has issued a series of executive orders aimed at revitalizing the U.S. fossil fuel industry, including removing barriers to coal mining and expanding oil and gas development on federal lands. The actions seek…Read the full report…...