American and Canadian officials announced plans to establish a green shipping corridor along the Great Lakes and St. Lawrence River that relies on zero-emission fuels and technologies to reduce or eliminate emissions. https://www.nny360.com/news/stlawrencecounty/great-lakes-st-lawrence-green-corridor-initiative-announced-at-u-n-conference/article_4f40d19a-39b9-508b-aece-e91dfc3bf28f.html
DetailsU.S. heating oil prices were 65% higher this October than in October of last year, according to our Heating Oil and Propane Update (HOPU). Residential heating oil prices rose to an annual high of $5.90 per gallon (gal) on November 7, 2022, because of tight inventories, low imports, and limited production capacity. The complete story >>
DetailsCritics say an Ohio gas utility’s plan to raise fixed costs by up to $20 a month is “obscene” and would hit ratepayers twice on top of skyrocketing fuel costs.
U.S. natural gas exports established a new record in 2021, averaging 10.5 billion cubic feet per day (Bcf/d). This volume was driven by record LNG exports, including significant delivery growth to Asia and Europe. Also, growing volumes of U.S. LNG have been imported into Europe to build up storage inventories in Europe, which were low…
DetailsElectricity Headlines: Forward Power Price Forward power prices were down in all regions besides ERCOT and CAISO which saw increases of 3.3%-4.1% and 3.2%-3.5%, respectively. MISO prices fell 1.3%, and PJM fell between 0.8%-.0.9% The EIA reported that U.S. electricity customers averaged seven hours of power interruptions in 2021 Weather: Outlook for November 14-20: Colder…
DetailsAttorneys for former House Speaker Larry Householder seek to block the admittance of a deferred prosecution agreement involving FirstEnergy as evidence during his upcoming racketeering trial. #ohio #hb6 #ohioenergynews
DetailsAs Dominion Energy looks to reverse several years of underperforming stocks, the utility reportedly may sell its shares in the Cove Point liquefied natural gas facility in Maryland’s Chesapeake Bay.
Natural Gas Headlines: WORKING NATURAL GAS STOCKS POST SECOND-LARGEST WEEKLY NET INCREASE ON RECORD SUPPLIER STORY: AEP RECENT NATURAL GAS PRICING On Monday, November 7, markets are rallying to start the week following a sizeable weather-driven demand gain in weekend weather model runs for the 6–15-day period. As a result, in December 2022, natural gas…
DetailsDetroit-based DTE Energy plans to invest $9 billion over the next decade to “drastically transform” its generation mix, including retiring its largest coal plant 12 years earlier.
