The U.S. Department of Energy (DOE), through its Loan Programs Office (LPO), today announced the closing of a $2.5 billion loan to Ultium Cells LLC to help finance the construction of new lithium-ion battery cell manufacturing facilities in Ohio, Tennessee, and Michigan.

Dry natural gas production in 2022 to set an annual record in the United States, averaging 98.0 Bcf/d.

U.S. Rig Count is down 4 from last week to 780, Canada Rig Count is up 7 from last week to 202.

The sweeping push to replace fossil fuel plants with clean energy is forcing US power grids to the brink of a twin crisis, making electricity unaffordable while raising the specter of more frequent blackouts, a member of the Federal Energy Regulatory Commission said.

Total nonfarm payroll employment increased by 263,000 in November, and the unemployment rate was unchanged at 3.7 percent.

U.S. Rig Count is unchanged from last week at 784, Canada Rig Count is up 1 from last week to 195.

U.S. commercial crude oil inventories decreased by 12.6 million barrels to 419.1 million barrels.

This partnership builds on almost 50 years of US-Thailand civil nuclear cooperation.

U.S. commercial crude oil inventories decreased by 3.7 million barrels to 431.7 million barrels.

U.S. Rig Count is up 2 from last week to 784, Canada Rig Count is down 7 from last week to 194.