As Texas plunged into darkness last month, its power markets turned to chaos. The financial repercussions of that chaos are becoming apparent now.

The polar vortex which incapacitated much of the electric grid in Texas is gone, but the financial vortex is happening now in the state and will be around for years, if not decades.

U.S. commercial crude oil inventories increased by 21.6 million barrels to 484.6 million barrels.

The USA now has 18 months to prepare both a technology and a financing offer to build nuclear power plants in Poland,

After this record year for wind turbine capacity additions, total wind turbine capacity in the United States is now 118 GW.

Those essentials include power for natural gas wells, processing plants and compressor facilities, but Texas Energy Reliability Council Chairman James Cisarik said keeping natural gas flowing to power plants requires operational water, communication and transportation infrastructure.

NREL said it had established the CPO to “accelerate [its] leadership in securing renewable energy technologies and distributed energy systems”

The US offshore wind market is expected to grow several-fold increase in capacity, from 2020 levels of (42 MW) to estimated ~28 GW by 2030

U.S. Rig Count is up 5 from last week at 402, Canada Rig Count is down 9 from last week to 163,

There had been calls for the Biden administration to intensify sanctions designations to include a wide range of companies involved in the construction of Nord Stream 2, including service companies, insurers and certification companies.