Archives for 2017
Capacity for natural gas-generated electricity expected to rise
The U.S. Department of Energy expects the capacity of natural gas-fired power plants to grow over the next two years, despite rising costs of natural gas. The use of natural gas to generate electricity continues...
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Market Currents: Rising U.S. LNG exports into Mexico
Oil is getting tonked on this final Monday of the month, as broader market volatility is bringing out the bears. Signs of OPEC compliance continue to counter signs of life from US shale production, with...
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Average U.S. gas price dips again, to $2.26
The average price of a gallon of regular gasoline in the U.S. fell 3.3 cents, according to GasBuddy.com. As of Sunday, the price was $2.26 per gallon based on a GasBuddy.com survey. The decline was...
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Tillerson nears senate vote for confirmation
Former Exxon Mobil CEO Rex Tillerson is nearing a final decision in the Senate on whether he will be the next secretary of state. The Senate has scheduled a cloture vote on Tillerson’s nomination for 5:30...
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Houston’s Green Bank exits energy lending
At least one Houston bank has firmly put the energy business behind it. Green Bank, a $3.9 billion lender in Houston, said it has cut its exposure to energy loans from 9.4 percent of its...
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