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US EIA Warns of Lower Oil Demand From Tariffs and Trade Uncertainty

Conventional Energy, Energy Topics & Technology, Forecasts, Latest, Oil, US News / By

(Reuters) – Recent developments in global trade policy are set to lower global oil and fuel demand growth through 2026, the U.S. Energy Information Administration (EIA) said on Thursday in its monthly short-term energy outlook report. The U.S. Department of Energy’s statistical arm cut its annual U.S. and global oil demand growth forecasts for both …

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South Bow Recovers 700 Barrels after Keystone Oil Release; No Restart Timeline

Conventional Energy, Energy Topics & Technology, Latest, Oil, Pipelines, US News / By

(Reuters) – South Bow on Thursday said it had recovered about 700 barrels of oil from a leak on the Keystone Pipeline earlier this week in North Dakota, which has shut the key conduit for Canadian oil exports to the U.S. since Tuesday. South Bow, owner and operator of the 4,327-km (2,689-mile) pipeline, is still …

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Kazakhstan in Talks With Oil Producers About Output Cuts, Ifx Reports

CDN and International News, Conventional Energy, Energy Topics & Technology, Latest, Oil, OPEC / By

(Reuters) – Kazakhstan has been in talks with oil producers about reducing output, which has been above the country’s OPEC+ quota, Interfax news agency reported on Thursday citing the energy ministry. Kazakhstan has been pumping oil above the limit agreed by the Organization of the Petroleum Exporting Countries and its allies led by Russia for …

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‘Store, Baby, Store’ – Texas Is Ground Zero for the US Battery Boom

Batteries, Electricity Grid, Energy Topics & Technology, Latest, US News / By

Texas installed 4 gigawatts of battery capacity last year, surpassing California’s pace for the first time. Big batteries in Texas are addressing issues on the electric grid, storing excess wind and solar power and meeting surging demand from new residents and electric vehicles. The growth of battery storage in Texas is threatened by tariffs on …

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Google Deploys AI to Speed up Connections at PJM, Largest US Power Grid

Conventional Energy, Electricity Grid, Energy Topics & Technology, Latest, US News / By

Summary • Electricity customers hope to cut wait times to connect to grid • The first time AI will be used to manage grid connections • US power demand jumps as Big Tech rolls out data centers for AI (Reuters) – Alphabet Inc’s Google unit is partnering with the largest electrical grid operator in North …

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Takeaways from AP and Lee’s Report on a Pipeline Company’s Lawsuits against Midwest Farmers

Carbon Capture, Energy Topics & Technology, Latest, Pipelines, US News / By

MANSFIELD, S.D. (AP) — The company behind a proposed pipeline that would transport carbon dioxide emissions from ethanol plants across five Midwest states and store it underground in North Dakota filed hundreds of lawsuits against landowners in recent years, an analysis by Lee Enterprises and The Associated Press found. This litigation was concentrated in South …

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A Pipeline Company Filed Hundreds of Lawsuits Against Landowners. Now its Project is Threatened

Carbon Capture, CDN and International News, Conventional Energy, Energy Topics & Technology, Latest, Pipelines, US News / By

MANSFIELD, S.D. (AP) — Jared Bossly was planting soybeans one spring night in 2023 on his 2,000-acre farm in South Dakota when he spotted a sheriff’s vehicle parked at the corner of his property. He had a hunch it wasn’t a social visit. “I’m like, ‘Well, I doubt he’s just being a friendly neighbor, giving …

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US Refiners UNLIKELY to Spend Big to Process More Domestic Oil

Conventional Energy, Energy Topics & Technology, Latest, Oil, Refineries, US News / By

*Light US crude requires a different configuration at refineries *Changing refinery setup can be a lengthy and expensive process *Running different crude types impacts refinery yields, margin By Arathy Somasekhar U.S. refiners are not planning to make big-ticket investments to process more domestic crude and less oil from top suppliers Canada and Mexico, industry sources …

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US Crude Oil and Refined Product Inventory Update – William Lacey

Conventional Energy, Energy Commentary, Energy Storage, Energy Topics & Technology, Latest, Oil, US News / By

Oh…Happy Liberation Week! I think I finally understand what Liberation Day stood for. The liberation of all of my savings from me. Hooray! I didn’t want it anyway… Now, on to our regularly scheduled programming. Yesterday the API reported that crude oil and refined products both saw a net draw on stock levels, showing a …

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US Crude Stockpiles Rise as Exports Hit Jan Lows, EIA Data Shows

Conventional Energy, Energy Storage, Energy Topics & Technology, Latest, Oil, US News / By

(Reuters) – U.S. crude oil stockpiles rose last week as imports increased and exports fell to their lowest since January, while gasoline and distillate inventories drew down, the Energy Information Administration said on Wednesday. Crude inventories rose by 2.6 million barrels to 442.3 million barrels in the week ended April 4, the EIA said, compared …

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