All articles tagged with #natural gas
Colder weather boosted heating fuels and a surge in electricity demand from data centres and crypto mining lifted US greenhouse gas emissions by 2.4% last year, with coal up 13% despite solar growth; higher natural-gas prices spurred fuel switching, while transport emissions stayed roughly flat thanks to more hybrids and EVs, and Trump-era policies are viewed as having little immediate impact.
Many American families are struggling with soaring energy prices, leading to increased utility debt, shut-offs, and financial hardship, amid broader debates over energy policy and infrastructure investments.
An ancient rock formation in South Africa's Witwatersrand Basin has been trapping helium for over 3 billion years, providing a valuable and rare resource crucial for medical and scientific applications. The study of this helium deposit offers insights into its formation, migration, and potential longevity, which could influence future helium exploration and supply management globally.
Vistra Corp. has announced the acquisition of Cogentrix Energy, adding approximately 5,500 MW of modern natural gas generation assets across key U.S. regions for about $4 billion, aiming to enhance its generation portfolio, deliver shareholder value, and support growth in the power sector.
Scientists have discovered significant amounts of helium-3 underground in Minnesota, a rare isotope valuable for fusion energy, quantum computing, and scientific research, potentially providing an alternative source to lunar mining and impacting future energy and technology developments.
The article discusses the potential for Venezuela's economic recovery through its vast natural resources, including oil, gas, and minerals, contingent on political stability and effective governance following Maduro's possible capture, with opportunities for increased production, exports, and responsible resource management.
The article predicts that in 2026, oil prices will likely crash below $50 but then recover, leading to increased mergers in the sector, and a shift towards natural gas and AI data center investments by oil companies, setting the stage for potential growth despite a challenging year for oil prices.
Over 2 million residential customers in the D.C. region will face nearly a 13% increase in their natural gas bills this winter due to higher maintenance, pipeline investments, inflation, wages, and taxes.
The 5 Freeway in Castaic reopened after a natural gas leak from a major pipeline caused hours of closure, traffic delays, and a shelter-in-place order for nearby communities. The leak was safely contained, with no injuries reported, and investigations into the cause, possibly related to recent land movement, are ongoing.
The NTSB is investigating a deadly explosion at Bristol Health and Rehab Center in Bucks County, which occurred in the kitchen and cafeteria, resulting in two deaths and twenty injuries. The cause is under investigation, with testing ongoing on the natural gas service line and surrounding soil, following reports of a gas odor prior to the blast.
This winter, U.S. households are expected to spend an average of $995 on home heating, an increase of $84 from last year, driven by colder weather, rising electricity costs, and increased demand from AI data centers, with electric heating costs potentially reaching $1,233 and natural gas heating around $704.
Illinois faces a looming power shortage due to high demand from AI data centers and slow development of renewable energy sources, leading to increased bills and potential reliance on natural gas plants, which may delay the state's goal of phasing out fossil fuels by 2050.
Illinois faces a looming power shortage due to high demand from AI data centers and slow development of renewable energy sources, leading to potential reliance on natural gas plants and delayed coal plant retirements, which poses challenges to the state's clean energy goals.
The stock market declined as U.S. layoffs hit a 20-year high, with major indexes falling and specific stocks like DoorDash, Duolingo, and ELF Beauty dropping after earnings reports. Meanwhile, natural gas stocks and certain tech stocks showed resilience, and market volume increased amid economic concerns.
Electricity prices have risen 40% since 2020 due to increased demand from AI data centers, higher natural gas costs, and grid upgrades, impacting consumers especially those on fixed incomes, with potential solutions including demand management and regulatory adjustments.