Author: Erick Parel

A Big Coal Plant Was Just Imploded to Make Way for an AI Data Center – WSJ

Energy News Beat ENB Pub Note: Interesting article from the WSJ. They bring up some interesting points and confirm my bullish sentiment on natural gas. But what is missing is the bigger question of microgrids and how much natural gas will be diverted to the data centers over the normal grid production. Much like the […]

As Life Happens, “Locked-in” Homeowners Pay Off Below-4% Mortgages: Share Drops to 54%, Lowest since Q4 2020

Energy News Beat Conversely, the share of 6%-plus mortgages outstanding surges to the highest since 2016. By Wolf Richter for WOLF STREET. The 30-year mortgage with a fixed rate of 3% for the duration of 30 years was as close to free money in an inflationary world as regular folks can get, and it would make sense to […]

Not Another Free Lunch: Don’t Let Fannie and Freddie Turn Back into GSEs

Energy News Beat The narrative is that an exit from the current conservatorship would turn Fannie and Freddie into “private” companies. It is not the case. To be a GSE means that you have private shareholders and a free government guarantee of your obligations: “The risk is 99% public and the profit is 100% private.” […]

Underlying Labor Market Dynamics Still Tight Despite Highest Gov Layoffs & Discharges since Census Wind-Down of 2020

Energy News Beat Hiring Begins to Shift to Private-Sector where Hiring Jumped, while Hiring by Governments Slumped. By Wolf Richter for WOLF STREET. The circular relationship between quits, job openings, hires, and fires – the data released today – shows the churn in the labor market, in addition to growth aspects. And now it also begins to show a […]

Repealing EPA’s 2009 Endangerment Finding Could End Costly Climate Regs, Energy Mandates

Energy News Beat ENB Pub Note: As a fundamental question to our readers: It would be great to get your opinion on repealing the Endangerment Finding of CO2 and it’s potential impact around the world for Carbon Capture or Carbon Tax markets. We have been tracking Carbon Taxing and their funds do not change behavior […]

The United States remained the world’s largest liquefied natural gas exporter in 2024

Energy News Beat Data source: U.S. Energy Information Administration, Natural Gas Monthly; Cedigaz The United States exported 11.9 billion cubic feet per day (Bcf/d) of liquefied natural gas (LNG) in 2024, remaining the world’s largest LNG exporter. LNG exports from Australia and Qatar—the world’s two next-largest LNG exporters—have remained relatively stable over the last five years (2020–24); their exports […]

Williams launches Transco pipeline expansions

Energy News Beat Williams announced on Tuesday the commissioning of the Southeast Energy Connector in Alabama and the Texas to Louisiana Energy Pathway along the Gulf Coast. The Texas to Louisiana Energy Pathway project expands Transco’s capacity in Texas and Louisiana by 364 million cubic feet per day (MMcf/d) to support “reliability and diversification of […]

New Natural Gas Pipes and LNG Terminals Shake Up Texas/Louisiana Gulf Coast – RBN Energy

Energy News Beat ENB Pub Note: Excellent Article from RBN Energy – I recommend following them and checking out their articles: In Texas and Louisian Gulf Coast, we need the six new pipelines for LNG and Natural Gas takeaway. Without the pipelines, it would be tough to maintain the demand for gas flow for AI, […]

Is Coal Dead? Surging Demand, Trump’s Recent Push, and China’s Dominance Say Otherwise

Energy News Beat Coal’s ‘death’ was exaggerated as demand surges, Trump backs ‘clean coal,’ and China dominates, while UK clings to net zero despite energy realities. ​ The death of coal, held to be the eldest and ugliest of the three fossil fuel siblings, has long been exaggerated Mark Twain-style. [emphasis, links added] While oil […]

New House Bill Axes Renewable Fuel Standard Over Eco Harm And Higher Gas Prices

Energy News Beat Rep. Scott Perry’s bill aims to abolish the RFS, arguing it harms the environment, raises gas prices, and doesn’t reduce our reliance on foreign oil. ​ Rep. Scott Perry (R-PA) on Friday proposed legislation that would abolish the renewable fuel standard (RFS), believing it has only harmed the environment and raised gas […]