U.S. Retail Gasoline Prices to Decrease in 2025 & 2026 with Lower Crude Oil Price

Credit to Author: US Energy Information Administration| Date: Thu, 23 Jan 2025 04:30:10 +0000

In our January Short-Term Energy Outlook, we now forecast U.S. retail gasoline prices through the end of 2026. We estimate U.S. average gasoline prices in 2025 will decrease by 11 cents per gallon (gal), or about 3%, compared with 2024. In 2026, we forecast a further decrease of about 18 cents/gal, … [continued]

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U.S. EIA Forecasts Lower Oil Price in 2025 Amid Significant Market Uncertainties

Credit to Author: US Energy Information Administration| Date: Wed, 22 Jan 2025 04:58:46 +0000

We forecast benchmark Brent crude oil prices will fall from an average of $81 per barrel (b) in 2024 to $74/b in 2025 and $66/b in 2026, as strong global growth in production of petroleum and other liquids and slower demand growth put downward pressure on prices and help offset heightened geopolitical risks and … [continued]

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California’s Battery Storage Fire: Precursor Or Outlier?

Credit to Author: Michael Barnard| Date: Sun, 19 Jan 2025 21:27:08 +0000

A fire broke out at the Moss Landing Power Plant, not too far from San Francisco, on January 16, 2025, prompting the evacuation of approximately 1,500 residents and the temporary closure of Highway 1. No one was harmed in the incident. Given the massive growth in grid storage battery systems, … [continued]

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Why Is Paramount Plus Promoting Big Oil With Its Landman Series?

Credit to Author: Carolyn Fortuna| Date: Thu, 16 Jan 2025 21:27:30 +0000

“Landman” is a television series broadcast on Paramount Plus, the digital subscription video on-demand and live streaming service. I’ve watched most of the other Taylor Sheridan series, somehow hoping that a romanticized Old West culture can be combined with positive representations of females. What I didn’t expect from him was a … [continued]

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U.S. EIA Extends 5 Key Energy Forecasts through December 2026

Credit to Author: US Energy Information Administration| Date: Thu, 16 Jan 2025 04:44:57 +0000

In our January 2024 Short-Term Energy Outlook, which includes data and forecasts through December 2026, we forecast five key energy trends that we expect will help shape markets over the next two years. Electricity consumption will start growing, driven by new demand sources After almost two decades of relatively little … [continued]

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China’s EV Export Era Is A Bigger Geopolitical Move Than We Normally Acknowledge

Credit to Author: Zachary Shahan| Date: Tue, 14 Jan 2025 04:58:34 +0000

It’s clear to anyone following the global EV market — the Chinese EV market is much bigger than any other EV market (it accounts for about 50% of the global EV market all by itself), Chinese EV producers now absolutely dominate their home market, and some of those Chinese EV … [continued]

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Stakeholder Collaboration Powers Charging Microgrid & Expansion

Credit to Author: Michael Barnard| Date: Fri, 10 Jan 2025 04:46:26 +0000

Key Takeaways: Those benefiting from charging microgrids must spearhead their build Stakeholders must collaborate to share growth and revenues Use federal and state-level incentives to enhance bankability Edward Freeman, an American philosopher and scholar, is best known for his work in the field of business ethics and strategic management. In … [continued]

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Can Biden’s Ban On Federal Offshore Oil & Gas Drilling Withstand The Trump Administration?

Credit to Author: Carolyn Fortuna| Date: Wed, 08 Jan 2025 23:56:47 +0000

The Biden Administration took another big step this week in securing its environmental legacy. A new decree will protect the East Coast, the West Coast, the eastern Gulf of Mexico, and Alaska’s Northern Bering Sea from offshore oil and natural gas drilling. With the inclusion of coastline areas from Washington … [continued]

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Charging Ahead: Key Geographical Clusters For Electric Trucks

Credit to Author: Michael Barnard| Date: Tue, 07 Jan 2025 16:40:46 +0000

Key Takeaways: Focus on high-potential corridors with strong GDP, climate action, and low-carbon electricity Drill down to county-level data to align charging infrastructure with local needs Start with collaborative pilots and scalable microgrids to drive adoption When rolling out electric truck charging microgrids for depots and truck stops, a key … [continued]

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New Offshore Oil & Gas Drilling Ban: Implications For Clean Hydrogen

Credit to Author: Tina Casey| Date: Mon, 06 Jan 2025 19:12:44 +0000

The new offshore drilling ban could help the US Department of Energy achieve its mission of diversifying the US hydrogen supply chain beyond natural gas, and into more sustainable sources.

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