Energy News Beat A massive storage facility in Washington state serving the natural gas network that provides electricity and heating fuel to millions of Americans from the Pacific Northwest down to New Mexico went down Saturday evening. The Jackson Prairie Underground Natural Gas Storage Facility in Lewis County, roughly two hours south of Seattle, suffered […]
Energy News Beat Would you buy a Ford self-driving car that would automatically drive to a repo company if you missed a payment? https://energynewsbeat.co/wp-content/uploads/2024/01/Ford-Recalling-cars-.mp4 Ford is on time for in the process of a patent application for self-driving cars to drive away from their owners after a series of missed payments for its proposal will […]
Energy News Beat Larry Kudlow: ‘Global warming is a hoax’ Fox Business host Larry Kudlow unloads on the Biden administration’s environmental agenda and EV push on ‘America Reports.’ Watch the latest video at foxnews.com The Biden administration unveiled a new regulatory proposal Friday that would introduce a new tax on the fossil fuel industry, punishing producers that […]
Energy News Beat I love my job. Talking with executives, authors, and industry leaders about all types of energy is extremely cool. Douglas Sandridge, SVP of Fulcrum Energy Capital Funds and the Executive Director for Oil & Gas Executives for Nuclear, came by the podcast. His substack article: Oil & Gas Executives Believe that Common […]
Energy News Beat Oil Price In 2003, the late author and investment banker Matther Simmons predicted that with “certainty,” by 2005 the U.S. would enter a long-term natural gas crisis for which the only solution was “to pray.” T. Boone Pickens and a number of high-profile energy insiders concurred. ConocoPhillips and ExxonMobil made large acquisitions […]
Energy News Beat Toby Z. Rice, President and CEO, said, “This HOA with Texas LNG highlights continued momentum behind EQT’s differentiated LNG strategy, which is focused on achieving the best combination of upside exposure and downside risk mitigation. Our tolling capacity gives us direct connectivity to end users of natural gas globally, allowing for end-market […]
Energy News Beat Oil Price The Canada Energy Regulator is hearing arguments on Friday from Trans Mountain Corporation on why it should allow a change in the route and diameter of a small section of the pipeline. The company has warned that without that change it could face a worst-case scenario of a delay of two years […]
Energy News Beat The US banking giant Citigroup has announced plans to cut up to 20,000 jobs after reporting a steep quarterly loss of $1.8 billion for the last three months of 2023 – its worst in 15 years. The multinational said on Friday that the disappointing result was due to $4 billion of charges […]
Energy News Beat Turnover with Brazil nearly doubled in December as the South American country ramped up imports of commodities from Moscow Trade between Russia and Brazil surged to record volumes in December despite Western sanctions as fellow BRICS countries continue expanding economic ties, RIA Novosti reported this week. Turnover between the countries nearly […]
Energy News Beat Oil and Gas 360 HOUSTON, Jan. 11, 2024 (GLOBE NEWSWIRE) — Prairie Operating Co. (Nasdaq: PROP; the “Company” or “Prairie”) today announced it has entered into a definitive agreement to acquire the assets of Nickel Road Operating LLC (“NRO”) for a total consideration of $94.5 million, subject to certain closing price adjustments […]
