RECORD HEAT CONTINUES THROUGH THE PLAINS STATES AND TEXAS Even with 1/6th to 1/7th of exports off the board, record heat in the South and in the Plains states continues to drive pricing. Cooling demand is here and here to stay for the next few months. EXPLOSION AT FREEPORT LNG FACILITY SENDS MARKET TUMBLING FREEPORT…
DetailsA New York town decides to spend roughly $587,000 to swap all its street lights with LED bulbs, a change estimated to save $22,000 a year. https://poststar.com/news/local/warrensburg-to-convert-all-streetlights-to-leds/article_0e558cba-e84c-11ec-bbad-7723df2161d2.html
DetailsAccording to the EIA, U.S. refinery utilization will be relatively high this summer in response to high wholesale prices for petroleum products, such as diesel and gasoline, which have increased more than the crude oil used to make them. https://www.eia.gov/todayinenergy/detail.php?id=52718
DetailsDuring the first four months of 2022, the United States exported 74% of its liquefied natural gas (LNG) to Europe, compared with an annual average of 34% last year. https://www.eia.gov/todayinenergy/detail.php?id=52659 #EIA #LNG #naturalgasexports #europe #naturalgas
DetailsResearchers using their own local air monitoring systems in highly fracked areas of Ohio found that the U.S. EPA’s regional air quality monitors often miss variations in pollution at the local level. In Ohio, researchers find EPA data doesn’t tell the whole story on fracking pollution #quality #EPA #ohio #ohioenergynews #airqualitymonitoring
DetailsPresident Biden is expected to announce a 24-month tariff exemption for solar panels imported from four Southeast Asian countries and invoke the Defense Production Act to boost clean energy equipment manufacturing. https://www.reuters.com/world/us/exclusive-biden-use-executive-action-spark-stalled-solar-projects-amid-tariff-2022-06-06/ solar #inthenews #energynews #solarenergy
DetailsFederal officials will conduct an environmental review of what would be Maryland’s first offshore wind farm, with three virtual public meetings scheduled to explain the scope of their work. #offshorewind #environmental #maryland #energynews
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TPI Takeaway WARMER TEMPS FROM THE SOUTH WILL MEAN MORE COOLING DEGREE DAYS Warmer weather will increase the amount of demand for Natural Gas as air conditioners turn on all over the country. This higher demand could push the market above $9.00 this week. MARKET BOUNCES IN MID $8.00 RANGE, AND WILL LIKELY MOVE HIGHER…
DetailsWith Summer Around The Corner and Energy Prices More Volatile Than Ever, Here Are A Few Strategies To Consider To Gain Control Of Your Energy Spend: If you haven’t already, explore energy efficiency, LED updates or solar opportunities to help reduce overall consumption and peak energy usage. Many suppliers have on-bill funding options with no…
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