Tag: U.S. Energy Information Administration

Biden Admin Bans Future Leasing in Montana and Wyoming

Daily Caller News Foundation
Oil Drilling

The Biden administration moved on Thanksgiving eve to bar future coal leasing in the Powder River Basin, one of America’s most coal-rich regions, according to multiple reports.

The Powder River Basin, a region that spans parts of Montana and Wyoming, accounted for about 43% of U.S. coal in 2019, according to the U.S. Energy Information Administration. The administration made its move to formally end coal leasing in the area and roll back previous approvals for development plans on Wednesday as Americans prepared to enjoy the Thanksgiving holiday, according to E&E News.

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Wind Energy Industry Produced Less Power in 2023, Despite Having Increased Total Generation Capacity

Just the News
Wind Farm

The wind industry produce 2.1 percent less electricity in 2023 compared to the previous year. Total wind capacity in the U.S. has tripled from 47 gigawatts in 2010 to 147.5 gigawatts by the end of 2023.

The wind energy industry managed to increase total generation capacity by 6.2 gigawatts in 2023, but the actual electricity generation decreased.

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New EPA Rules Will Require Carbon Capture Technology on All Existing Coal and New Gas Plants

Just the News
Coal fired power plant

The administration’s announcement refers to carbon capture as “proven and cost-effective control technologies,” but critics have argued that the technology is expensive to scale up to a degree it can have any impact on carbon dioxide emissions and will drive up energy costs.

The Biden administration finalized four rules regarding power plants Thursday. One of the Environmental Protection Agency’s rules will require all existing coal plants and new natural gas-fired power plants to implement carbon capture technology.

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Americans Consumed Record Amounts of Natural Gas in 2023

Just the News
Natural Gas

The latest figures from the U.S. Energy Information Administration show that Americans are consuming a record amount of natural gas.

In 2023, the U.S. consumed 89.1 billion cubic feet of gas in 2023, which was a record, according to the EIA. Since 2018, American consumption of natural gas increased by an average of 4% annually.

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Report: Farm, Food Prices Rise Under Net-Zero Climate Rules

The Center Square
Farmer Working

Farms and families will pay significantly more under the Biden administration’s net-zero climate policies, a new report from an Ohio-based policy group says.

The Buckeye Institute’s Net-Zero Climate-Control Policies Will Fail the Farm shows farmers will see a 34% rise in operational costs under the policies and family grocery bills will increase 15% based on modeling.

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U.S. Crude Oil Production Approaches Pre-Pandemic Levels

The Center Square

For the first two months of 2023, production of crude oil in the U.S. neared pre-COVID levels, according to the U.S. Energy Information Administration.

The production of crude oil in the U.S. in January and February was the most since March 2020 when the pandemic hit.

The U.S. produced 12.54 million barrels of crude oil per day in January and 12.48 million barrels per day in February. That represented the highest levels since 12.80 million barrels per day in March 2020.

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The Progressive Movement to Ban New Homes from Having Any Natural Gas Gains Steam

Admin

by John Hugh DeMastri   A growing number of states and cities are considering or implementing bans for the future construction of not just gas stoves, but natural gas hookups themselves, a move that would raise costs for consumers and potentially have negative environmental consequences, natural gas advocates told the…

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Analyst: ‘Code Red’ Diesel Supply Shortage in Southeastern States ‘Could Become More of a Challenge’ in Georgia

Admin

A fuel supply and logistics company is warning about diesel shortages across the Southeast United States, issuing an alert on Friday about “rapidly devolving” conditions in North Carolina and six other states.

Mansfield moved to “Alert Level 4” to address market volatility, and “Code Red” in the Southeast, which means the company is now requesting 72 hour notice for deliveries when possible “to ensure fuel and freight can be secured at economical levels.”

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Georgia Power Nuclear Plant Facing More Delays

The Center Square

An expansion of the Georgia Power and Southern Nuclear plant in Waynesboro may be delayed once more.

Georgia Power and Southern Nuclear are building two additional nuclear energy facilities, Plant Vogtle Unit 3 and Unit 4. The project, which started in 2013, is supposed to accommodate the state’s growing population

It has been riddled with delays. Now, construction quality issues and productivity problems may lead to another three-month delay, an independent monitor said Thursday.

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Oil Prices Hit a Seven-Year High as Industry Feud with Biden Administration Continues

The Center Square

Oil prices hit a 7-year high this week as American oil and gas companies continue to fight the Biden administration over policies restricting production.

As the economy began to reopen this year and the demand for fuel increased, President Joe Biden, through executive order, halted and restricted oil and gas leases on federal lands, stopped construction of the Keystone Pipeline, and redirected U.S. policy to import more oil from Organization of the Petroleum Exporting Countries and Russia (OPEC+) instead of bolstering American oil and gas exploration and production.

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