ENERGY

Authored by Irina Slav via OilPrice.com,

• North American Reliability Corp: As much as two-thirds of the United States could (more…)

Authored by  RJ Roux & Yaël Ossowski via RealClear Wire,

For decades, the fruits of the fracking revolution, plus our newly minted status as the world’s top net exporter of natural gas, demonstrated that American consumers were swimming in bountiful energy.

But as the pandemic effects of supply chain shortages, the war in Ukraine, and higher government spending gave way to inflation hikes, suddenly all eyes were on utility bills. In 2021, Americans spent as (more…)

Authored by Tsvetana Paraskova via OilPrice.com,

Traders have begun withdrawing natural gas from Europe’s record-high inventories this week as the weather turned colder and heating demand rose.

The gas storage sites in the EU were 99.57% full as of November 8, according to data from Gas Infrastructure Europe. In the past few days, most EU countries have made consecutive small net withdrawals of gas from their storage, the data showed.

These were the first (more…)