Energy Secretary Chris Wright expects to extend the Jones Act waiver, citing its success in lowering energy prices in California and the East Coast.
Government relations firm Thorn Run Partners announced that a former FMC Chair would lead its new Latin America business unit.
With the Jones Act temporarily suspended, the political action network backed by conservative billionaire Charles Koch wants the law protecting U.S.-flag shipping repealed.
Regulators for the first time approved a controversial $5 billion project in U.S. waters to produce liquefied natural gas for export.
AI investment is increasingly driving construction growth in the U.S.
America sits on more oil than it can refine. While the Strait of Hormuz burns, the real chokepoint is between the wellhead and the truck stop.
To view more FreightWaves infographics, click here
To view more FreightWaves infographics, click here
“The procurement of industrial products and spare parts is at a critical crossroads as the global supply chain is faced with unprecedented headwinds,” said Chris Lawrence, managing partner at Labyrinth Capital Partners.
A slowing eurozone may pull ocean container rates down further.
Canadian midstream operator Keyera and CN are considering creating an energy terminal that would serve the production-rich region.
Fossil fuels – petroleum, natural
gas and coal – accounted for
79% of the 97 quadrillion British
thermal units (quads) of primary
energy consumption in the
United States during 2021.
According to a recent Bloomberg article, electric vehicles are taking off even faster than expected and “are eating into the transportation system and taking bigger bites every year.”
energy trade between the U.S. and Mexico reached a nine-year high
EIA projects accelerating renewable consumption and steady liquid fuels growth to 2050
Strong economic growth and growing populations will drive increases in global energy-related carbon dioxide emissions and energy consumption through 2050
In 2020, 18.1 million barrels per day of petroleum products were consumed in the United States.
Americans used about 123 billion gallons of motor gasoline in 2020
Shares of Total US Energy Consumption by Major Sources
Sourcewater founder Josh Adler chats with Ancova co-founder Max Gagliardi about Sourcewater’s origins and its current role of helping upstream companies find water resources and frac ponds through big data and satellite imagery.
