Oil prices surged following the surprise attack by Hamas on Israel and Israel’s counterstrike over the weekend. After a knee-jerk reaction upon the open of trading around the world, prices have been well behaved and should abate as the shock of the attack, as deadly as it is, abates. It is ... READ MORE >
This week in energy: Summer brings the heat; clean energy investment on the rise
Summer heat has hit hard in many parts of the United States, making modern conveniences like electricity essential in our daily lives. In North America, nearly 400 million people depend on electricity each day. As demand increases, supply shortages become a challenge across the United States and beyond. A ... READ MORE >
This week in energy: FERC cybersecurity investment rule, oil prices, Canada wildfires
In this week’s energy industry roundup, we examine a new federal rule that allows certain electric utilities to recover cybersecurity investment costs, the bearish oil market and the impact of wildfires in Canada. New FERC rule for rate-based recovery of cybersecurity investments The Federal Energy ... READ MORE >
This week in energy: Surprise OPEC+ cuts, energy project legislation, electricity demand growth
In this week's energy industry roundup, we examine the impact and aftermath of the OPEC+ surprise cut announcement, a proposed bill to expedite energy projects, and transmission constraints on electricity demand growth. Aftermath of surprise OPEC+ cuts A surprise announcement from OPEC+ on Sunday that ... READ MORE >