U.S. gasoline prices are down from 2022 heading into Memorial Day weekend
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.
The Pentagon is helping bring the baby nuclear industry to life
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.
Hydrogen hype is raging but can’t lure investment to Europe
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.
Ørsted opens a new era in green shipping by breaking ground on Europe’s largest e-methanol project
At an event in Örnsköldsvik in Northern Sweden, Ørsted broke ground on Europe’s largest e-methanol project, FlagshipONE.
EIA explores effects of liquefied natural gas exports on the U.S. natural gas market
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
The agency is now tasked with addressing one of the biggest challenges in the race to reach net zero emissions.
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U.S. residential electricity bills increased 5% in 2022, after adjusting for inflation
Global gas prices fall further on limited downstream demand - Rystad Energy’s Gas and LNG Market Update
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Europe’s unwanted coal heads to China and India as heat builds
Russian oil flows stay high three months into pledged output cut
Mercuria enters Suez Canal refueling as Egypt opens market
Nigeria’s $10 billion fuel subsidies are ‘gone,’ Tinubu says
Plunging LNG prices have traders bracing for US export cancellations
U.S. gasoline prices are down from 2022 heading into Memorial Day weekend
Europe is successfully replacing its lost Russian diesel supply
Key Russian fuel finds its way back to buyers in South Korea
Saudi Arabia snaps up Russian diesel and sends its own to Europe
Hydrogen hype is raging but can’t lure investment to Europe
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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