Energy News Beat Daily Standup Top Stories OPEC+ set to hold monitoring meeting in early February January 3, 2024 Allen Santos Nasdaq LONDON/DUBAI, Jan 2 (Reuters) – OPEC+ plans to hold a meeting of its Joint Ministerial Monitoring Committee (JMMC) in early February, though an exact has not been decided, three sources from the alliance said. […] […]
Energy News Beat People quit quitting, so fewer job openings to fill, fewer people to hire, less churn. Good for employers, not so good for workers. Layoffs & discharges dropped below Good-Times lows. By Wolf Richter for WOLF STREET. Job openings edged down in November, but remained relatively high, workers quit quitting maybe because they’re worried about their […]
Energy News Beat The online database, Trading Economics, indicates that in June 2023 the global price for lithium had risen to $59,212 per tonne. But by November it had fallen by more than half to $27,218. Prices have continued to plummet. As of December 31, lithium was selling for just $18,242 per tonne. How could […]
Energy News Beat (Bloomberg) – Libya’s largest oil field halted production after protesters entered the facility, according to a person with direct knowledge of the operations. Libya’s Sharara oil field The country’s National Oil Corp. had warned earlier that a full stoppage and a force majeure were likely if the north African country was unable […]
Energy News Beat When I bought my first home — a 50-year-old fixer-upper in a small town — I couldn’t run my hair dryer and the microwave at the same time without tripping a circuit. I had to get creative with how I used electricity; such electric use was unheard of when the house was […]
Energy News Beat The U.S. Environmental Protection Agency (EPA) in May 2023 published a proposed rule that would establish new source performance standards (NSPS) and existing source performance standards (ESPS) for greenhouse gas (GHG) emissions from new, modified, reconstructed, and existing fossil-fuel fired electric generating units (EGUs). The proposed rule, which EPA plans to promulgate pursuant to […]
Energy News Beat I have always thought of California as a place that is known for its tech savviness, vibrant music scene, the iconic Golden Gate Bridge, and its open values. Incidentally, it’s also the place where many of my American friends reside. Unfortunately, in recent years, the state embraced an ideological extreme becoming the center […]
Energy News Beat January 3, 2024 Data source: U.S. Energy Information Administration, Gasoline and Diesel Fuel UpdateNote: Retail prices are in nominal terms and are not adjusted for inflation. U.S. retail gasoline prices in 2023 averaged $0.43 per gallon (gal) less than in 2022, according to data from our Gasoline and Diesel Fuel Update. This […]
Energy News Beat Afederal appeals court rejected a petition Tuesday to rehear a case related to a natural gas ban proposed by the City of Berkeley, California, which the panel ruled was illegal last year. The U.S. Court of Appeals for the Ninth Circuit ultimately denied Berkeley’s petition for rehearing en banc — a motion that received support […]
Energy News Beat The world’s largest plant that converts coal into ethanol has begun its test runs at a facility in southeastern China, local media has reported. The technology developed by the Dalian Institute of Chemical Physics (DICP) is the only in the world to have reached the industrial level so far. The world is […]
