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US Natural Gas Prices Rise 1% to 8-Week High on Higher LNG Feedgas, Lower Output

Conventional Energy, Latest, Natural Gas, US News / By

(Reuters) – U.S. natural gas futures edged up about 1% to an eight-week high on Friday as the amount of gas flowing to liquefied natural gas (LNG) export plants rises and producers continue to curtail output. That small price gain occurred despite bearish forecasts for cooler weather over the next two weeks than previously expected, …

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Trump’s Big Energy Plan Is… Recession?

Conventional Energy, Energy Topics & Technology, Gasoline, Latest, Natural Gas, Oil, US News / By

Sharp declines in gasoline prices tend to come with economic downturns or other nasty market shocks, not by presidential decree. By Liam Denning Liam Denning is a Bloomberg Opinion columnist covering energy. A former banker, he edited the Wall Street Journal’s Heard on the Street column and wrote the Financial Times’s Lex column. Former President …

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U.S. Imposes Sanctions on Companies, Vessels Linked to Arctic LNG 2

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(Reuters) – The U.S. on Thursday imposed sanctions on two companies and two vessels linked to Russia’s Arctic LNG 2 project, Washington’s latest step to add costs on Moscow for its invasion of Ukraine. The Arctic 2 project, 60% owned by Russia’s Novatek  had been due to become Russia’s largest liquefied natural gas plant with eventual output …

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High Fossil Fuel Use Highlights U.S. Power Transition Challenge

Conventional Energy, Hydro, Latest, Natural Gas, Nuclear, Oil, Renewable Energy, Solar, US News, Wind / By

(Reuters) – Fossil fuels continue to rule the roost in the United States’ power sector, despite clean energy sources being rolled out at the fastest pace in history. For the past decade, U.S. power generators have prioritized clean power sources over fossil fuels, and since 2014 they have lifted clean electricity generation capacity by over …

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COMMENTARY: Chop the Trees, Ration the Cars and Ditch the EV Targets – Irina Slav

Latest, US News / By

More From Irina Slav That we live in strange times has, I believe, been established beyond the shadow of a doubt. What was once hard fact is now open to interpretation if not outright rejected as fact, which is how we get statements, made in all seriousness, that some trees may benefit from carbon dioxide. …

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COMMENTARY: Chop the Trees, Ration the Cars and Ditch the EV Targets – Irina Slav

Latest, US News / By

More From Irina Slav That we live in strange times has, I believe, been established beyond the shadow of a doubt. What was once hard fact is now open to interpretation if not outright rejected as fact, which is how we get statements, made in all seriousness, that some trees may benefit from carbon dioxide. …

COMMENTARY: Chop the Trees, Ration the Cars and Ditch the EV Targets – Irina Slav Read More »

US Natgas Prices Jump 6% to 7-Week High on Small Storage Build, Rising LNG Feedgas

Conventional Energy, Latest, Natural Gas, US News / By

U.S. natural gas futures jumped about 6% to a seven-week high on Thursday on a smaller-than-expected storage build, rising gas flows to liquefied natural gas export plants and a continued decline in output so far this month. That price spike came despite forecasts for less hot weather over the next two weeks than previously expected, …

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Texas Matterhorn Natgas Pipe Moving Some Gas, Say Permian Resources Executives

Conventional Energy, Latest, Natural Gas, US News / By

(Reuters) – The Matterhorn natural gas pipeline in Texas was moving small amounts of gas from the Permian basin in West Texas toward the Gulf Coast, executives at U.S. energy company Permian Resources said at the Barclays CEO Energy-Power Conference earlier this week. The Matterhorn is the biggest gas pipe under construction that is capable …

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US Crude and Distillates Inventories Fall, Gasoline Stocks Rise, EIA Says

Conventional Energy, Latest, Oil, US News / By

(Reuters) – U.S. crude stocks and distillate inventories fell while gasoline stocks rose in the week ending August 30, the Energy Information Administration (EIA) said on Thursday. Crude inventories fell by 6.9 million barrels to 418.3 million barrels in the week, the EIA said, compared with analysts’ expectations in a Reuters poll for a 993,000-barrel …

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