Articles by tag: energy prices
Amidst the global energy market turbulence, the U.S. faces significant shifts in its energy prices and energy complex. Adding to the concerns, the Biden administration’s decision to offer zero oil and gas lease sales in 2024, influenced by the U.S. wind power industry, is set to further strain the supply-demand balance. The spotlight is […]
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Seasonal Trends Aren’t Shaving Off Energy Prices Like Before. Predictions Indicate Gas Demand Will Continue to Uptick
As we cross the halfway mark of 2023, stakeholders in the energy sector are grappling with the changing landscapes of oil, gas, and renewable resources. A volatile year of varying energy prices has underlined the critical need for analysis and prediction. With a stark 41 percent decrease in the price of natural gas and […]
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What’s Driving Energy Prices This Week?
Earlier this month, Saudi Arabia and OPEC+ oil producers announced they would cut oil output by more than one million barrels per day. Subsequently, energy prices spiked, with the current national gas average sitting at $3.65 per gallon. But oil and gas prices aren’t the only thing shifting right now…worldwide trade currency is for some […]