Wind and solar developers together have added about 40 gigawatts to the U.S. grid over the past two years, bringing total installed wind and solar capacity to about 120 gigawatts.

U.S. Rig Count is up 520 rigs from last year's count of 421, with oil rigs up 428, gas rigs up 93, and miscellaneous rigs down 1 to 0. Canadian Rig Count is up 94 rigs from last year's count of 76, with oil rigs up 62, gas rigs up 33, and miscellaneous rigs down 1 to 0.

In view of realized and expected labor market conditions and inflation, the Committee decided to raise the target range for the federal funds rate to 1 to 1-1/4 percent. The stance of monetary policy remains accommodative, thereby supporting some further strengthening in labor market conditions and a sustained return to 2 percent inflation.

Crude oil production from the seven major US onshore producing regions is forecast to rise 127,000 b/d month-over-month in June to average 5.475 million b/d. Gas production from the seven regions is forecast to gain 684 MMcfd month-over-month in June to 51.685 bcfd.

U.S. Rig Count is up 509 rigs from last year's count of 424, with oil rigs up 410, gas rigs up 100, and miscellaneous rigs down 1. Canadian Rig Count is up 90 rigs from last year's count of 69, with oil rigs up 63, gas rigs up 28, and miscellaneous rigs down 1 to 0.

U.S. Rig Count is up 513 rigs from last year's count of 414, with oil rigs up 413, gas rigs up 100, and miscellaneous rigs unchanged. Canadian Rig Count is up 67 rigs from last year's count of 65, with oil rigs up 45 and gas rigs up 22.

«Мы имеем возможность взаимодействовать со странами и компаниями азиатско-тихоокеанского региона и будем развивать наше сотрудничество в сфере энергетики», - сообщил глава Минэнерго России. Министр особо подчеркнул заинтересованность России в расширении взаимодействия с Индией в сфере поставок энергоресурсов: «Индия для нас является стратегическим партнером. Мы уже начали поставлять туда нефть, ведем переговоры по прокладке газопровода».

The United States remained the world's top producer of petroleum and natural gas hydrocarbons in 2016 for the fifth straight year despite production declines for both petroleum and natural gas relative to their 2015 levels. The United States has been the world's top producer of natural gas since 2009, when U.S. natural gas production surpassed that of Russia, and it has been the world's top producer of petroleum hydrocarbons since 2013, when its production exceeded Saudi Arabia’s.

U.S. crude production will average more than 10 million barrels a day for the first time in 2018, breaking a record almost five decades old and keeping prices from rising as much as previously estimated, government forecasts showed Tuesday.

“While the overall trade deficit continues to grow, it is too soon for the numbers to reflect the recent deal with China and other actions of this Administration is taking to level the balance of trade,” said Secretary Ross. “We look forward to the July 16 deadline which will open up the Chinese market to American beef, liquefied natural gas and other products.”