The price of U.S. crude oil has been highly volatile due to escalating tensions in the Middle East with the anticipation of a potential retaliatory attack by Iran against Israel, which has caused fluctuations in oil prices after hitting a six-month low in early August. West Texas Intermediate (WTI)...
The U.S. solar energy industry is flourishing following several favorable climate policies and greater consumer interest in solar power. The public and private sectors have invested heavily in the uptake of solar energy installations over the past five years, with significantly more growth expected to come over the next...
We first covered direct lithium extraction (DLE) two years ago when we featured the magnanimous Teague Egan, CEO of Energy X on our Winter 2022 cover. Back then, Teague and his team were doing something no one else thought possible by abandoning the strip mines and giant lithium evaporation...
The U.S. battery recycling investment is growing rapidly to recover critical minerals and reduce waste, aiming to boost the battery supply chain and tackle China’s dominance. The world is increasingly relying on lithium-ion batteries to power electrical devices, green technologies, and electric vehicles (EV), with demand only expected to...
With Kamala Harris expected to take over from Biden as the Democrat candidate in the U.S. Presidential race, many are asking whether she will follow in her predecessor’s footsteps by making the green energy transition a priority and where she stands on oil and gas. She has previously supported...
The Biden Administration investment in EV manufacturing is taking a significant step forward as the U.S. Department of Energy (DOE) announced $1.7 billion in grants to convert 11 at-risk auto manufacturing facilities to electric vehicle (EV) production. The 11 facilities are located in eight states: Michigan, Ohio, Pennsylvania, Georgia,...
The geopolitical value of LNG has significantly increased following the Russian invasion of Ukraine and subsequent sanctions on Russian energy. Europe and other regions of the world raced to find alternative gas supplies to meet their energy demands, and the U.S. was happy to provide. Several oil and gas...
Guest submission by Phil Cruver
The Borehole Battery offers a solution for addressing Asset Retirement Obligations (ARO) in the oil and gas industry by utilizing IRA tax credits. This commentary explores the growing concern of underfunded Asset Retirement Obligations (ARO) within the oil and gas industry. It discusses the Investment...
The U.S. energy investment in Latin America aims to counter China's dominance by strengthening supply chains and boosting renewable energy. The Covid-19 pandemic highlighted the need for robust supply chains, as global industries faced severe disruptions. Additionally, the U.S. government and other international powers are emphasizing the importance of...
New legislation is set to accelerate nuclear reactor deployment in the United States. The Fire Grants and Safety Act (S.870) passed the Senate on April 20, 2023, but as many acts do, it faced a slew of amendments before finally being ready to present to the president. On July...
