High jet fuel inventories in the U.S. West Coast have led to Los Angeles regional crack spreads to an average of 5 cents per gallon (gal) in August, according to an Sept. 18 report published by the U.S. Energy Information Administration. The crack spread in August was its lowest level in five years. The low…...
The heat content of dry natural gas delivered in Texas during 2023 was 1.7 percent below the national average, according to an Sept.17 report published by the U.S. Energy Information Administration. During 2023 the heat content of dry natural gas in Texas averaged 1,018 British thermal units per cubic foot (Btu/cf) compared to the national…...
The U.S.-India Strategic Clean Energy Partnership (SCEP) Ministerial, convened on Sep.16, reviewed progress in fostering clean energy innovation, enhancing energy security, and accelerating clean energy transitions. U.S. Energy Secretary Jennifer Granholm and Indian Minister of Petroleum and Natural Gas Hardeep Singh Puri highlighted efforts under the partnership’s technical pillars: Power & Energy Efficiency, Responsible Oil…...
The U.S. Energy Department on Sep.16 announced $90 million in funding to implement updated energy codes for residential and commercial buildings in several cities, states, and tribal nations. The awards will support 25 projects across several states to ensure buildings utilize the latest energy-saving technology. The funding is an allocation from the 2021 Infrastructure Investment…...
Twelve new fields are expected to start production in the U.S. Federal Offshore Gulf of Mexico (GOM) during 2024 and 2025, according to an Sept. 16 report published by the U.S. Energy Information Administration. In the absence of production from these new fields, the agency would expect GOM production to decline. Crude oil and natural…...
The U.S. Energy Department has announced $40 million to bolster solar manufacturing, expand photovoltaic recycling, and foster new markets for solar technologies. The investments include the selection of four projects to receive $16 million, including $8 million from the 2021 Infrastructure Investment and Jobs Act, to enhance the lifespan of PV solar systems. The chosen…...
The Minnesota Public Utilities Commission on Sept. 13 established a final gas integrated resource planning framework for three major gas utility companies in the state: Xcel Energy, CenterPoint Energy, and Minnesota Energy Resources Corp. The commission’s directive on gas resource planning will ensure that residents have a stable and affordable gas supply during uncertainty or…...
Recent developments in U.S. carbon markets highlight a changing landscape marked by fluctuating auction prices, new initiatives, and…Read the full report …...
Recent developments in U.S. carbon markets highlight a changing landscape marked by fluctuating auction prices, new initiatives, and regulatory reviews.
Several U.S. natural gas power plants are exploring options to incorporate hydrogen into their operations in response to emissions reduction policies, according to an Sept. 12 report published by the U.S. Energy Information Administration. Hydrogen combustion does not produce carbon dioxide emissions and has garnered interest as an effective tool to support the progress toward…...
Natural gas pipeline takeaway volume in the Permian Basin is expected to increase with the Matterhorn Express Pipeline projected to become operational this month, according to a Sept. 10 report by the U.S. Energy Information Administration. This pipeline has a capacity of 2.5 billion cubic feet per day (Bcf/d). Matterhorn will carry gas from the…...
The California Energy Commission on Sep.11 adopted the 2025 Building Energy Efficiency Standards for new and renovated buildings as well as certain existing buildings. The updates include requirements for heat pumps and electric-ready buildings and stricter ventilation standards for improving air quality. The commission estimates that the new building energy standard will lead to cost…...