Natural gas prices, already climbing over the past year, rose further in the wake of Russia’s invasion of Ukraine, a move that came after Germany halted certification of the Nord Stream 2 pipeline when Russia recognized the breakaway Luhansk People’s Republic (LPR) and Donetsk People’s Republic (DPR). Dutch natural gas futures surged 51.87 percent, per…
Natural Gas Prices Continue Climbing After Ukraine Invasion, Nord Stream 2 Cancellation
February 24, 2022
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Biden Energy Policies Added $1,000 to Typical Household’s Costs in 2021: Report
February 15, 2022
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A new analysis by the Heartland Institute reports the typical American family’s home heating and cooling costs increased by as much as $1,000 in 2021 as a result of President Joe Biden’s energy and environmental policies. “The average U.S. household in 2021 spent an extra $600 in higher gasoline costs and $70 in higher electricity…
Hydrogen Blending Could See Energy Bills Rise by 16 Percent: Study
Mixing hydrogen into existing gas supplies, an emission-cutting strategy being considered by the UK government, could cause household energy bills to rise by 16 percent, a new study has suggested. The British government said last year that it would work with industry to “assess the safety, technical feasibility, and cost effectiveness of mixing 20 percent…
Biden Energy Officials Grilled on Proposed Pipeline Regulation, Rumored Natural Gas Export Ban
January 21, 2022
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In a Jan. 19 hearing of the House Energy Subcommittee, representatives questioned two Biden administration appointees on U.S. pipeline infrastructure, energy prices, and a rumored ban on exports of liquefied natural gas (LNG). The hearing was occasioned by Subcommittee Chair Bobby Rush’s (D-Ill.) proposed legislation, H.R. 6084, the “Energy Product Reliability Act.” That measure would…
US Coal Stockpiles Near Historic Lows
January 18, 2022
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The U.S. Energy Information Administration’s (EIA’s) latest short-term energy outlook (pdf) reveals that coal inventories in the electric power sector reached 93.7 million short tons as of December 2021—an increase since September when stockpiles hit a historic low not seen since the Carter administration. Isaac Orr, a policy fellow at the Center of the American…
How The Shale Revolution Saved Europe from a Great Blackout
Commentary In October, the governments of Austria and The Netherlands warned of the risk of a “great blackout.” Soaring natural gas prices, lack of security of supply, and a challenging outlook for pipeline deliveries from Russia made the governments exceedingly nervous about the chances of providing cheap and reliable energy for homes in winter. However,…
EPA Disapproves Wyoming Coal Plant Plan Despite Signaling Support Under Trump
January 13, 2022
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After more than a year of inaction, the Environmental Protection Agency (EPA) announced Jan. 12 that it proposes to disapprove the State of Wyoming’s changes to its regional haze plan for PacifiCorp’s Jim Bridger coal power plant, potentially closing down Unit 2 of the facility for a year or more. Yet in an exclusive interview…
Biden Regulatory Uncertainty, Tight Market Supporting High Oil Prices
Crude oil and natural gas prices are off to a hot start this year, driven by strengthening global demand, tighter supplies, and regulatory uncertainty. But some Wall Street institutions and the U.S. Energy Information Administration (EIA) are split on if this momentum can be sustained throughout 2022. In its January Short-Term Energy Outlook (STEO), the…
New York City Set to Ban Natural Gas in New Buildings in Shift Toward Alternate Energy
New buildings in New York will no longer be able to use natural gas if a new law passes the city council this week, following in the footsteps of dozens of smaller U.S. cities attempting to move to alternate forms of energy. Council members are widely expected to vote on the new measure on Wednesday. Under the legislation, the…
Budweiser Accused of Downplaying Fossil Fuel Use
December 6, 2021
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Energy analyst Alex Epstein has argued that Budweiser is taking advantage of consumers’ energy-related ignorance by stating that its beers are brewed with 100 percent renewable electricity, pointing out that the “most of the energy that goes into its beer is fossil fuel.” Epstein made his case in a viral Twitter thread as well as…
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