Category: Energy News Beat

Biden Gives California More Money for a Failing Bullet Train

Energy News Beat IER . Commentary Contact The Expert Key Takeaways 1 President Biden gifted California another $3.1 billion in taxpayer money from the Infrastructure bill to pay for its High-Speed Rail project–a project that is vastly over budget and way behind schedule. 2 The train’s cost was estimated at $33 billion to connect Los […]

Daily Energy Standup Episode #284 – Russia Expands BRICs, LNG Approvals Warning, and Germany’s Economic Collapse

Energy News Beat Daily Standup Top Stories Houthis fire their greatest barrage of weapons to date in the ongoing Red Sea shipping crisis January 10, 2024 Mariel Alumit The Houthis launched their largest attack so far yesterday evening. According to the US military the “complex attack” consisted of 18 attack drones, two anti-ship cruise missiles, and […]

Are Hopes of Lower Mortgage Rates Freezing Up the Market Further? Buyers’ Strike Continues

Energy News Beat Mortgage rates dropped a lot, but not nearly enough to hit the magic level that thaws out the housing market. Now they rose again. By Wolf Richter for WOLF STREET. Hype in the media about real estate going to the moon or whatever is a never-ending drama. For example, on CNBC this morning, we read […]

Oil, Gas Lobby Group Warns Against US Slowing Down LNG Approvals

Energy News Beat By Laura Sanicola and Valerie Volcovici WASHINGTON (Reuters) -The head of the main U.S. oil and gas lobby group on Wednesday said that if U.S. regulators slow down or stop approving liquefied natural gas exports, they will put allies at risk. American Petroleum Institute President Mike Sommers issued the warning in response […]

Energy Absurdity in Germany: Cutting Emissions Through Economic Collapse

Energy News Beat In a tweet, Bjorn Lomborg points out that Germans are now consuming less electricity per capita than they did in 1978. Take a look: This is the surest sign of economic collapse, and it is something the German government has intentionally imposed on its people. It is also the real end goal […]

Houthis fire their greatest barrage of weapons to date in the ongoing Red Sea shipping crisis

Energy News Beat The Houthis launched their largest attack so far yesterday evening. According to the US military the “complex attack” consisted of 18 attack drones, two anti-ship cruise missiles, and one anti-ship ballistic missile. They were all shot down through efforts of F/A-18 aircraft from the US aircraft carrier Dwight D. Eisenhower, three US […]

Russia announces 30 new member countries for BRICS

Energy News Beat The geopolitical landscape is witnessing a seismic shift as Russia declares that 30 additional countries are poised to join the BRICS alliance, potentially expanding its membership to a formidable 40 nations. This move, championed by Russia’s President Vladimir Putin, marks a pivotal moment in the global balance of power, challenging the longstanding economic dominion […]

IPAA: EPA’s “overbearing” methane regulations to harm U.S. oil, natural gas producers

Energy News Beat WASHINGTON – Independent Petroleum Association of America (IPAA) President and CEO Jeff Eshelman released a statement ahead of the House Energy and Commerce Committee hearing on Wednesday, Jan. 10 at 10:00 a.m. ET examining Environmental Protection Agency (EPA) actions affecting American oil and natural gas operations, particularly those regulations and programs related […]

Qatar’s Nakilat orders LNG and LPG carriers in South Korea

Energy News Beat Qatari LNG shipping giant Nakilat has placed orders worth about $955 million with South Korea’s Hyundai Samho for the construction of two LNG tankers and four LPG carriers. S.Y. Park, president and COO of HD Hyundai Heavy Industries, and Nakilat’s CEO, Abdullah Al Sulaiti, signed the shipbuilding deal on January 9. The […]

Bitcoin Price Stabilizes After Fake News On ETF Approval From Hacked SEC Post

Energy News Beat Bitcoin price spiked then dove late Tuesday after hackers posted fake news about bitcoin ETF approval from the official SEC Twitter account. The post Bitcoin Price Stabilizes After Fake News On ETF Approval From Hacked SEC Post appeared first on Investor’s Business Daily.  The post Bitcoin Price Stabilizes After Fake News On […]