Day: March 21, 2025

Fed’s Operating Losses Declined to $78 Billion in 2024, “Unrealized Losses” Rose to $1.06 Trillion

Energy News Beat QE has produced years of hangover. By Wolf Richter for WOLF STREET. The Fed disclosed two types of losses in its audited annual report today: An operating loss of $77.6 billion for the year 2024, substantially less bad than its operating loss in 2023 of $114 billion. And cumulative “unrealized losses” of $1.06 trillion at […]

The Guardian’s Cyclone Alarmism Collides With Real-World Data

Energy News Beat ENB Pub Note: Because Energy Policies are based upon elected officials having to pay attention to lobbies with money, they have paid attention in the past. We are seeing a trend that the money is drying up, and it could lend itself to more realistic energy policies. The world will broken into […]

China Is No Climate Savior

Energy News Beat The numbers don’t lie: Beijing will not drive a global energy transition. ​Analysis China Is No Climate Savior By Seaver Wang, the co-director of climate and energy at the Breakthrough Institute, and Vijaya Ramachandran, the director of energy and development at the Breakthrough Institute. Since taking office, U.S. President Donald Trump has […]

The UK’s Heathrow Power Outage sheds light on Net Zero Policies

Energy News Beat Net Zero has forced global financial and companies to become carbon-neutral. But the why is only one question that we will tackle on another day. Today, let’s look at the energy policies that countries force upon critical infrastructure in the name of Net Zero and only cause harm to people and even […]

Atlantic LNG shipping rates rise to $31,000 per day

Energy News Beat Spark’s data lead, Qasim Afghan, told LNG Prime on Friday that global LNG freight rates rose again this week to reach the highest rates of 2025 so far. “Spark30S (Atlantic) freight rates increased by $5,250 to $31,000 per day, whilst Spark25S (Pacific) rates experienced its largest week-on-week rise in seven months, rising by […]

America Should Lead the Fight Against Global Energy Poverty

Energy News Beat ENB Pub Note: Gabriel Collins, Baker Botts fellow, has excellent points in this article about building U.S. energy as an export. We may see some of this play out with President Trump talking about taking over some of the utilities in Ukraine and owning and operating the nuclear power plant. Energy as […]

EPA Reversing Biden’s Impossible Power Plant Rules, Averting Blackouts And Higher Rates

Energy News Beat EPA rolled back Biden’s emissions rules, avoiding blackouts and billions in costs as coal, gas plants faced strict compliance or closure by 2039. ​ Last week, the Environmental Protection Agency announced it would roll back the Biden administration’s greenhouse gas emissions standards on power plants. [emphasis, links added] That’s great news for […]

Shell’s LNG Canada set to receive LNG cargo as part of commissioning activities

Energy News Beat “The vessel Maran Gas Roxana is travelling to the LNG Canada facility in Kitimat to deliver a cargo of liquefied natural gas (LNG) for equipment testing,” the spokesman said. He said the delivery is expected in early April. The delivery is “critical to our safe start-up and commissioning process now underway, and […]

US LNG export terminals ship 26 cargoes

Energy News Beat EIA said in its weekly report, citing shipping data provided by Bloomberg Finance, that the total capacity of these 29 LNG vessels is 98 Bcf. This compares to 29 shipments and 110 Bcf in the week ending March 12. According to data from S&P Global Commodity Insights, average natural gas deliveries to US LNG […]

The End of USAID Is an Opportunity for Africa

Energy News Beat ENB Pub Note: Ebenezer Obadare is spot on in this article. In my interviews with NJ Ayuk, Executive Chairman at the African Energy Chamber, he said that aid for Africa or handouts do not accomplish energy or economic growth. So, by exposing the corruption in USAID, it has given Africa a new […]