Energy News Beat The world is experiencing a nuclear energy renaissance, with global capacity expanding and driving a significant increase in uranium demand. China and Russia have secured substantial uranium supplies, particularly from key producers like Kazakhstan, creating a challenge for the West. The United States and Europe are facing an aging nuclear infrastructure and […]
Energy News Beat The United States leads in LNG exports, but Qatar’s plans to double its output capacity by 2030 pose a major competitive threat. Investors are becoming hesitant to commit to long-term LNG deals due to concerns about future market oversupply and shifting demand. Europe’s LNG imports have declined, with increased imports from Russia […]
Energy News Beat In-brief analysis February 21, 2025 Average state tax rates for retail gasoline and diesel fuel nearly flat since July 2024 Data source: U.S. Energy Information Administration, federal and state motor fuel taxes As of January 1, 2025, state taxes and fees on gasoline and diesel fuel averaged $0.33 per gallon (gal) of gasoline and […]
Energy News Beat Exxon Mobil Corporation’s XOM acquisition of Pioneer Natural Resources was given the final approval by the U.S. regulatory body, the Federal Trade Commission (“FTC”), on Jan. 17, 2025. In the same round of consolidation surrounding the U.S. oil and gas sector, the $53 billion merger between Chevron Corporation CVX and Hess Corporation HES was also approved […]
Energy News Beat Data source: U.S. Energy Information Administration, Short-Term Energy Outlook, February 2025 Data values: Non-OPEC Petroleum and Other Liquids Production Note: The OPEC and OPEC+ data series reflect those countries participating in the OPEC+ agreement. OPEC members Iran, Libya, and Venezuela are exempt from the agreement. Years 2025 and 2026 are forecasts. We forecast that worldwide production […]
Energy News Beat Data source: U.S. Energy Information Administration, Form EIA-923, Power Plant Operations Report We released new data on the U.S. electric power sector’s coal transportation costs. The release incorporates final data for 2023 from Form EIA-923, which we collect from electric power plant owners and operators. The data release based on our Form EIA-923 includes tables with costs, in […]
Energy News Beat The Trump admin announced an audit of California’s high-speed rail, questioning $100B in additional costs, federal funding, and its future viability. The Trump administration is launching an audit of California’s high-speed rail project, which is a decade late and expected to run $100 billion over budget without connecting San Francisco and […]
Energy News Beat Motorists have been warned to expect a £195 ($247) charge if they own an electric vehicle as their current tax exemption is due to end April 1. Owners of a certain type of vehicle have been advised to expect a letter warning that they will soon need to pay £195 ($247) […]
Energy News Beat The Trump admin has been dismantling ‘environmental justice’ offices in federal agencies, and climate activists are in a full-blown meltdown. Last week, the Environmental Protection Agency (EPA) announced that it began implementing Trump’s executive order “Ending Radial and Wasteful Government DEI Programs and Preferencing.” [emphasis, links added] The agency placed 171 employees […]
Energy News Beat That question has taken center stage in the German election. By Cameron Abadi, a deputy editor at Foreign Policy, and Adam Tooze, a columnist at Foreign Policy and director of the European Institute at Columbia University. Sign up for Adam’s Chartbook newsletter here. Germany’s election campaign has focused on topics ranging […]
