what is really behind small modular nuclear reactors and why they are poised to disrupt the generation field in the coming decade

Annual U.S. crude oil production reached another record level at 12.23 million barrels per day (b/d) in 2019, 1.24 million b/d, or 11%, more than 2018 levels.

the Federal Open Market Committee decided today to lower the target range for the federal funds rate by 1/2 percentage point, to 1 to 1‑1/4 percent.

The preliminary level for dry natural gas production in December 2019 was 2,977 billion cubic feet (Bcf), or 96.0 Bcf/d. This level was 7.3 Bcf/d (8.2%) higher than the December 2018 level of 88.7 Bcf/d.

U.S. Rig Count is down 1 rig from last week to 790, Canada Rig Count is down 4 rigs from last week to 240

U.S. support renewable energy, efficiency measures and nuclear power

U.S. real gross domestic product (GDP) increased at an annual rate of 2.1 percent in the fourth quarter of 2019

TNK Trading International SA is scheduled to load 14.3 million barrels of Venezuelan crude in the first two months of 2020, compared with 5 million in all of 2019, according to shipping reports compiled by Bloomberg. That may offset any lost oil revenue for the Maduro administration, underscoring the difficulty of shutting Venezuela’s access to the global market.

Renewable electricity achieved a power-sector milestone in 2018, surpassing 20% (249 gigawatts [GW]) of U.S. total electricity generating capacity (1.2 terawatts [TW]) for the first time, according to the 2018 Renewable Energy Data BookPDF. Since 2009, renewable generation in the United States has increased by a factor of five.

"The fundamentals of our relationship are mostly based on defence, counter-terrorism and energy. These are strong pillars that need to be nurtured and maintained," Detroit-born Rakolta said.