The U.S. Department of Energy (DOE) today announced more than $2.3 billion for three efforts to advance diverse carbon management approaches that reduce carbon dioxide (CO2) pollution, address the impacts of climate change, and create good-paying jobs while prioritizing community engagement and environmental justice.

In support of these goals, the Committee decided to raise the target range for the federal funds rate to 3/4 to 1 percent and anticipates that ongoing increases in the target range will be appropriate.

U.S. commercial crude oil inventories increased by 1.3 million barrels to 415.7 million barrels.

The U.S. Department of Energy (DOE) announced $3.1 billion in funding from President Biden’s Bipartisan Infrastructure Law to make more batteries and components in America, bolster domestic supply chains, create good-paying jobs, and help lower costs for families.

U.S. Rig Count is up 3 from last week to 698 , Canada Rig Count is down 6 from last week to 95.

The plant, using Westinghouse AP1000 reactors, would be Poland’s first NPP.

U.S. commercial crude oil inventories increased by 0.7 million barrels to 414.4 million barrels.

The increase in U.S. electric power sector renewable generation during 2021 came mainly from more wind and solar generation as a result of more wind turbines and utility-scale solar power plants coming online.

The contract, whose price is indexed on gas traded in Louisiana (United States) will start in 2025 and is expected to cover around 3% of South Korea's annual gas consumption.

U.S. Rig Count is up 2 from last week to 695 , Canada Rig Count is down 2 from last week to 101.