U.S. gas prices have crashed as a result of an unusually warm winter. Government data expects conditions of oversupply to continue through next year.
The climate disclosure requirements are far weaker than originally outlined by the financial regulator two years ago.
According to The New York Times, the Biden administration is set to announce a major review of how it permits new U.S. LNG projects, potentially delaying more than a dozen proposed facilities for a year or more.
The highly-anticipated policy will charge drillers for excess methane emissions.
A Canadian LNG project in northern British Columbia has agreed to a 20-year purchase agreement with Shell.
The U.S. region powered the shale gas boom for over a decade. But pipeline constraints mean that production growth of Appalachian gas is stalling out.
Drilling activity has slowed with ample levels of U.S. gas sitting in storage.
A forecast by the EIA shows U.S. LNG exports rising in the years to come. The more gas that is exported, the higher domestic prices rise.
New York gas utilities continue to spend billions of dollars on gas infrastructure. Unless the legislature and regulators step in and manage the energy transition more actively, utility bills will soar and the state will blow past climate targets, a new report warns.
The potential New York City gas ban includes a proposed new “Cap-and-Invest” programme to speed up the energy transition.
The U.S. this decade will see the ascent of clean energy: NREL.
In a letter to the U.S. Department of Energy, dozens of members of Congress criticized the agency’s approval of so many new LNG projects. They called for more rigorous scrutiny, citing negative climate and economic impacts.