U.S. crude oil and natural gas production growth is projected to remain relatively high through 2030, according to a July 11 report by the U.S. Energy Information Administration. This growth is largely driven by rising exports of petroleum products and liquefied natural gas (LNG). Advances in drilling technologies, particularly horizontal drilling and hydraulic fracturing, have…...
California is projected to lose 17 percent of its oil refinery capacity within the next 12 months due to the planned shutdown of two refineries, according to a July 10 report published by the U.S. Energy Information Administration. If these closures proceed as expected, they could lead to increased fuel price volatility across the West…...
The U.S. Interior Department on July 7 proposed key updates to Bureau of Land Management (BLM) oil and gas regulations aimed at streamlining the process for operators to commingle production from multiple leases. These changes would carry out the One Big Beautiful Bill’s directive for the department to approve onshore commingling applications. Producing oil and…...
The U.S. imported around 17 percent of its domestic energy supply during 2024, according to a July 7 report published by the U.S. Energy Information Administration. This marks the lowest share since 1985 and half the record share set during 2006. The reduction in the share of imports over the past two decades is due…...
The Kansas Corporation Commission on July 7 approved two settlement agreements allowing Evergy Kansas Central to recover the costs of constructing two natural gas plants and a utility-scale solar facility. The projects aim to address rising electricity demand and improve grid reliability across the state. Evergy, which provides electric service in Kansas and Missouri, filed…...
The Public Service Company of New Mexico (PNM) has announced its commitment to the California Independent System Operator’s extended day-ahead market, or EDAM. PNM’s commitment, formalized with a signed agreement, initiates an important step in the governance of the Western Energy Markets. Although PNM will join EDAM in 2027, the governance change takes effect immediately…....
U.S. President Donald Trump on July 4 signed the One Big Beautiful Bill Act, a sweeping reconciliation measure that fundamentally reshapes federal energy policy. Backed by President Donald Trump and Republican leadership, the legislation takes down many of the clean energy incentives established under the Inflation Reduction Act while accelerating fossil fuel development on public…...
Across the country, new measures are reshaping the retail energy landscape, focusing on stronger consumer protections and stricter market rules. Recent laws and regulations address concerns related to…Read the full report…...
Across the country, new measures are reshaping the retail energy landscape, focusing on stronger consumer protections and stricter market rules. Recent laws and regulations address concerns related to contract renewals, supplier exits, and accountability in competitive electricity markets.
U.S. operable atmospheric distillation capacity, the key measure of refinery capacity, totalled 18.4 million barrels per calendar year (b/cd) on Jan. 1, 2025, flat compared to the previous year, according to a June 30 report published by the U.S. Energy Information Administration. In 2025, ExxonMobil, Valero, and Marathon—the three largest U.S. refiners—each reported calendar day…...
