A frozen USA, with more than 200 million people under severe weather advisories or warnings caused nationwide problems in the run-up to Christmas.

The deals come as Japan’s government is reevaluating how it can enhance energy security in the face of a fuel crunch at home. Global LNG supply is slated to remain tight for years, which threatens to increase import costs and add to rising inflation.

U.S. Rig Count is up 3 from last week to 779, Canada Rig Count is down 103 from last week to 96

U.S. Rig Count is down 4 from last week to 776, Canada Rig Count is down 3 from last week to 199.

U.S. commercial crude oil inventories increased by 10.2 million barrels to 424.1 million barrels.

The Committee decided to raise the target range for the federal funds rate to 4-1/4 to 4-1/2 percent.

NIF scientists readily acknowledge that the facility was not designed with commercial fusion energy in mind—and many researchers doubt that laser-driven fusion will be the approach that ultimately yields fusion energy.

The programs, funded with $3.7 billion from President Biden’s Bipartisan Infrastructure Law, will help accelerate private-sector investment, spur advancements in monitoring and reporting practices for carbon management technologies, and provide grants to state and local governments to procure and use products developed from captured carbon emissions.

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.