U.S. energy infrastructure has been widely critiqued over the years for being outdated and prone to failure. This has become particularly evident in the face of severe weather events and natural disasters, such as winter storms and summer wildfires. Scientists are now worried that these events could occur more...
As oil operations wind down in several depleted oilfields, energy companies are looking for ways to repurpose old infrastructure to cut costs and support environmental efforts. It is extremely expensive to disassemble and transport old oil rigs, meaning that many companies have sought out alternative uses for the structures...
19 Republican states have appealed to the U.S. Supreme Court to intervene against Democratic-led lawsuits filed against big oil and gas companies. The lawsuits allege that big oil and gas companies lied to the public about the potential climate harm of fossil fuels. However, Republican states are pushing back,...
As artificial intelligence (AI), machine learning, and other innovative technologies grow in popularity, several major U.S. tech companies are investing heavily in data centers to keep up with the growing energy demand needed to run these programs. Big tech companies are betting big on the growth of these technologies...
Since the introduction of the Biden administration’s Inflation Reduction Act (IRA) and other funding policies, several states across the U.S. have benefitted from investment in green energy, tech, and other sectors. While recent funding policies offer widespread public spending across the U.S., some unexpected states are benefitting from the...
The U.S. is developing its geothermal energy capacity through investment in research and development, as well as several new production projects across the country. National policies and schemes, such as the Inflation Reduction Act (IRA) and the U.S. Department of Energy’s (DOE) Geothermal Technologies Office’s (GTO) 2022-2026 Multi-Year Program...
Two years after the launch of the Inflation Reduction Act (IRA), the U.S. government has finalized its final electric vehicle (EV) Tax Credit Rules, which could change the face of the U.S. EV market for years to come. While the Biden Administration is adamant that the new rules support...
Guest writer: Shalini Nagar - Jr. Content Writer at Research Nester
The oil and gas industry is growing at a 7.2 percent compound annual growth rate (CAGR), and it is currently valued at $1.3 billion. This industry has been a significant driving force for the global economy due to growing...
Texas is leading the U.S. when it comes to solar energy, far overtaking other solar-dominant states, such as California, in terms of new capacity additions. Alongside its successful oil and gas industry, Texas is rapidly developing its renewable energy capacity, supported by the expansion of its cleantech sector. This...
With Israel and Iran exchanging tit-for-tat strikes in an increasingly escalated fashion, the question remains large as to what will happen to the global supply of crude oil should the Middle Eastern conflict persist. With President Biden’s recent signing of a US Security Package aimed to increase pressure on...