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Biden’s Department of Energy (DOE) has increased the time it takes to review a permit for exporting LNG from 7 weeks to a minimum of 11 months. The slowing of permit approval could mean that nearly-completed LNG projects are not able to supply European buyers in need of gas because they do not have the permit. […]
It is not enough for China to be the dominant economy in the electric vehicle battery supply chain and the biggest processor of critical minerals, but it is now making inroads in the liquefied natural gas (LNG) tanker business with nearly 30 percent of this year’s record orders. Local and foreign ship owners turn to China’s […]
Europeans are learning slowly. The Nord Stream 1 scare that Russia would not restart natural gas flowing in the pipeline after its planned annual maintenance has put Europeans, and particularly Germans who heat half their homes with gas and use it for electricity generation and in critical industrial applications, on edge. Russia is clearly using […]
Russian natural gas supply to Europe via the Nord Stream 1 pipeline capacity fell to 40 percent recently as Russia cut flows awaiting the return of equipment sent to Canada for repair and warns that more delays in repairs could lead to cutting all flows, putting additional strain on Europe’s ability to refill its natural gas inventories […]
EIA’s Annual Energy Outlook 2022 reference case (which assumes current laws and regulations) projects that U.S. energy consumption will grow through 2050. According to the reference case, petroleum will retain the largest share of energy consumption throughout that period, followed by natural gas. Renewable energy is projected as the fastest-growing energy source through 2050. EIA […]
The United States became the largest exporter of liquefied natural gas (LNG) in December 2021, edging out Qatar and Australia, as projects ramped up production and deliveries surged to Europe to help alleviate the energy crisis there. Output from U.S. LNG facilities edged above Qatar in December due mainly to an increase in exports from […]
“This is what American Energy Dominance Looks Like.” WASHINGTON DC (August 21, 2020) – American Energy Alliance President Thomas Pyle today commended the Department of Energy and President Trump for the approval of the long-sought Alaska LNG project, which would make Alaska a player in world energy markets, create tens of thousands of good paying […]
President Trump is reportedly meeting with the leaders of several U.S. oil producers today to discuss some sort of temporary relief for the industry from the sharp drop in oil prices caused by the drop in demand due to COVID-19 pandemic. Although it isn’t completely clear what the administration has in mind, there are rumors […]
Sen. Cruz is proposing an amendment to the Keystone XL bill that will require that the Department of Energy to expedite all approvals for LNG export to any World Trade Organization (WTO) country. This would be a major improvement over the status quo. Currently the LNG export approval process is too slow and cumbersome. LNG […]
Let me explain how this works. Washington Gas agrees to buy wind power in an amount equal to the amount Union Station uses each year. They charge ratepayers more. The generators get a federal subsidy (about 1/4 of the total price) from taxpayers and get to generate power even when no one wants it. States […]