NATURAL GAS PRODUCTION The Natural Gas market is undergoing a significant transformation, with drillers scaling back production. This has resulted in a consistent 4-5 weeks of production declines, culminating in last week’s output of less than 100 Bcf/d. This is a significant development, marking the lowest production levels since February 2023. The impact on storage…
NATURAL GAS STORAGE We are now in the injection season with a substantial +669 Bcf surplus over the five-year average. This surplus and robust oil production numbers will likely keep prices relatively stable, hovering within a dollar or two of these prices until at least next spring. OUR GAS SURPLUS Production cuts are taking place…
Are you ready to make significant savings on your business’s energy costs? Now’s the time to act! With gas prices hitting a four-year low in the U.S., there’s never been a better opportunity to secure incredible rates and pump up your savings. Our team understands the importance of seizing the moment when controlling your energy…
⛽ At a Texas energy conference, oil and gas leaders argued that the clean energy transition falters despite significant investment. They advocate for costly and unproven measures like carbon capture and hydrogen to sustain their industry. Read more: https://www.theguardian.com/environment/2024/mar/20/fossil-fuels-oil-and-gas-clean-energy
The FirstEnergy scandal in Ohio is just the tip of the iceberg in the resurgence of fraud and corruption in the U.S. utility sector. As companies aim to spend billions on clean energy initiatives, we must remain vigilant against unethical practices. #utilitysector #corruption #cleanenergy #ethics
State utility regulators are urging MISO and PJM to enhance their joint long-term interregional transmission planning to guarantee reliability in the face of increasing demand and renewables.
The recent Ohio indictments shed light on the FirstEnergy scandal and the squalid relationships that led to it. The scandal has taken the energy industry by storm and brought to light the corruption and unethical practices that have been taking place. Read the article >>
The U.S. EPA recently released a report indicating “widespread noncompliance” with its coal ash rule. This is partly due to a loophole that excluded older landfills, ponds, and fill sites. This is a concerning development, as coal ash contains toxic chemicals that can harm public health and the environment. We must address this issue and…