The U.S. Energy Department has been issuing emergency orders to address potential grid shortfall issues amid surging power demand in the summer season. The latest order, issued on June 24, authorizes Duke Energy Carolina to temporarily utilize certain electric generating units within its service territory in North Carolina and South Carolina to operate at their…...
Qatar exported around 9.3 billion cubic feet per day (Bcf/d) of liquefied natural gas (LNG) through the Strait of Hormuz during 2024, according to a June 24 report published by the U.S. Energy Information Administration. The strait remains a key supply route for global LNG, as well as oil and petroleum products. During 2024, around…...
U.S. residential customers are expected to receive an average monthly electricity bill of $178 for the summer 2025 period, up by $5 compared to the same period last year, according to a June 23 report published by the U.S. Energy Information Administration. The agency expects a slight decline in usage due to cooler projected summer…...
