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U.S. gasoline prices are down from 2022 heading into Memorial Day weekend

by AJOT  • May 25, 2023

The retail price for regular-grade gasoline in the United States on May 22, the Monday before Memorial Day weekend, averaged $3.53 per gallon (gal), 26% (or $1.24/gal) lower than the inflation-adjusted price a year ago. Memorial Day gasoline prices last year were the highest since 2012.

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The Pentagon is helping bring the baby nuclear industry to life

by Bloomberg  • May 24, 2023

The first small modular reactor commissioned by the Defense Department could roll off the assembly line of a Virginia-based factory in just two years.

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Hydrogen hype is raging but can’t lure investment to Europe

by Bloomberg  • May 25, 2023

As Europe seeks to exit fossil fuels, a relatively unproven alternative is forming the backbone of its clean-energy plans — but failing to convince investors.

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Ørsted opens a new era in green shipping by breaking ground on Europe’s largest e-methanol project

by AJOT  • May 24, 2023

At an event in Örnsköldsvik in Northern Sweden, Ørsted broke ground on Europe’s largest e-methanol project, FlagshipONE.

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EIA explores effects of liquefied natural gas exports on the U.S. natural gas market

by AJOT  • May 24, 2023

In the EIA’s Issues in Focus: Effects of Liquefied Natural Gas Exports on the U.S. Natural Gas Market supplement to their Annual Energy Outlook 2023 (AEO2023), they find that the volumes of liquefied natural gas exports (LNG) do affect average U.S. natural gas prices.

Biden taps Energy Department to find climate-friendly alternatives for jet, shipping fuels

by Bloomberg  • May 24, 2023

The agency is now tasked with addressing one of the biggest challenges in the race to reach net zero emissions.

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OLT’s regasification capacity increases
by AJOT  • about 7 hours ago

Whats this about?

It is the “uncontained” shipments that draw a lifetime allegiance of purveyors of the business. As one MPV (Multi Purpose Vessel) analyst bluntly said as an aside, “Boxes are boring.”

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