The New York State Department of Environmental Conservation on April 29 proposed regulations to advance the state’s portion of the 30 percent emissions cap reduction from 2021 to 2030, under the Regional Greenhouse Gas Initiative, or RGGI, which established the nation’s first regional program to cap and reduce power sector emissions. Following the program update,…...
Natural gas markets have a tendency to react to regional factors while crude oil markets respond swiftly and most times drastically to world events, according to a April 29 report from the U.S. Energy Information Administration. The correlation of daily price movements across the West Texas Intermediate, or WTI, and Brent are typically above 0.90…....
U.S. petroleum consumption dropped to its lowest level in nearly three decades due to the travel restrictions in place to curb the spread of COVID-19, as well as the economic downturn resulting from the pandemic, according to an April 23 report from the Energy Information Administration. The U.S. demand averaged 14.1 million barrels per day…...
The U.S. Energy Department on April 23 released a report by the Nuclear Fuel Working Group, which outlines a strategy for the U.S. to regain its global leadership in nuclear energy and technology. The report recommends potential actions to enhance the positive attributes of nuclear power, restore the viability of the nuclear-fuel cycle, strengthen U.S…....
