US Power Use to Reach Record Highs in 2025 and 2026, EIA Says
(Reuters) – U.S. power consumption will hit record highs in 2025 and 2026, the Energy Information Administration said in its short-term energy outlook on Tuesday. The EIA projected power demand…
EIA Lifts 2025 US Oil Output Forecast to a Record High as Supplies Swell
(Reuters) – U.S. oil production is expected to hit a larger record this year than previously expected, the Energy Information Administration said on Tuesday, as expectations mount of a global…
US Natural Gas Futures Drop 7% for Second Day as Mild Weather Trims Demand
(Reuters) – U.S. natural gas futures dropped about 7% for the second straight day to a one-week low on Tuesday, on more moderate two-week forecasts for weather and demand, near-record…
US Natgas Output and Demand to Hit Record Highs in 2025, EIA Says
(Reuters) – U.S. natural gas output and demand will both rise to record highs in 2025, the U.S. Energy Information Administration said in its Short-Term Energy Outlook on Tuesday. EIA…
Chevron CEO Wirth Says He is in Discussions With Board About Succession
(Reuters) – Chevron CEO Mike Wirth said on Tuesday he is in discussions with the board of directors about when he will step down from the U.S. oil producer. “I’ve…
Texas Makes Clean Power Breakthrough as Solar Output Overtakes Coal
(Reuters) – For the first time, Texas’ main power system looks set to generate more power from solar farms than coal plants during a calendar year in 2025, marking a…
Exxon Raises Earnings Growth, Oil Production Forecasts to 2030
(Reuters) – Exxon Mobil is targeting $25 billion in earnings growth from 2024 to 2030 and will increase oil and gas production, the top U.S. oil producer said on Tuesday…
Oil Steadies With Ukraine Peace Talks, US Rate Decision in Spotlight
Summary Prices likely to hover in tight range near-term, analysts say Russia-Ukraine peace talks still in progress Investors pricing in high possibility of rate cut at Fed meeting (Reuters) –…
US Solar Installations Jump 49% in Third Quarter, Report Says
(Reuters) – The U.S. solar industry installed 11.7 gigawatts of new solar capacity in the third quarter, a jump of 49% sequentially, a study by the Solar Energy Industries Association…
Trump Ban on Wind Energy Projects Ruled Illegal by US Judge
By and President Donald Trump’s executive order directing government agencies to halt approving new wind energy projects was ruled illegal by a federal judge. Get the Latest US Focused Energy…
Iran Closes Strait of Hormuz Again and Says its Negotiating Team With U.S. is Heading to Switzerland
