The spot natural gas price in New England soared to an average of $20.55 per million British thermal units (MMBtu) in January 2022 as reported by the Algonquin Citygate, the benchmark for natural gas prices in New England and a trading hub. This is the highest average price since February 2014. With a cold start […]
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Energy is an industry that is talked about by many, but truly only understood by few. Whether we discuss emissions, ESG, tightening supply, carbon footprints/off-sets, or record high prices that hammer working class Americans, the simple, most efficient, and cleanest answer has all along been MORE PIPELINES! Under the Biden Administration, the Keystone XL pipeline […]
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Documents obtained by Canadian media outlet CBC have shown that President-elect Joe Biden will sign an executive order to revoke the permit for the Keystone XL Pipeline on Wednesday, his inauguration day. Although, according to the LA Times, “Biden spokesman Andrew Bates said the transition team had no comment on the pipeline.” The Keystone XL […]
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Leaders of Cyprus, Greece and Israel are planning to sign an agreement early in the new year for the construction of a new natural gas pipeline. In Athens on January 2nd, the Greek Prime Minister Kyriakos Mitsotakis, Cypriot President Nikos Anastasiades and Israeli Prime Minister Benjamin Netanyahu, will meet to sign the agreement. The deal […]
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This past Monday, China has launched its new oil and gas pipeline group. This group consists of multiple assets combined into one group with a net worth of between 80 – 105 Billion USD. This has been a plan of China for years, but according to reports, it was just approved this past year.
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A bill seeking to improve pipeline safety and reduce emissions concerning climate change was introduced to the House of Representatives on November 15, 2019. The Safe, Accountable, Fair, and Environmentally Responsible (SAFER) Pipelines Act of 2019 was introduced by representative Peter DeFazio (Democrat, Chairman of the Transportation and Infrastructure Committee) and Frank Pallone (Democrat, Chairman […]
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Earlier this week, oil and gas industry supporters lined the streets of Calgary outside of city hall in support of government action. The oil industry is costing the province of Alberta and Canada an estimated $80 million a day because of too much production and not enough pipeline. With the looming provincial and federal election, […]
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President Donald Trump and his current administration have clear support on the infrastructure of pipelines. One of the most controversial pipelines to be completed by TransCanada is the KeystoneXL pipeline from Hardisty, Alberta to Steele City, Nebraska. According to a letter from the U.S. State Department to the Native American tribes, “TransCanada Corp plans to […]
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