U.S. LNG Exports Soar in December, Lifting Full-Year Growth by 4.5%

(Reuters) – U.S. LNG exports reached near record levels in December, rising to 8.5 million metric tonnes (MT) as two new plants started, and driving up full-year shipments 4.5% over 2023, according preliminary data from financial firm LSEG. December’s output was just short of the record monthly export of 8.6 MT recorded in December 2023 …

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US Oil Executives Expect Faster Permitting Under Trump, Says Dallas Fed

(Reuters) – U.S. energy executives expect faster permitting times for drilling on federal lands under President-elect Donald Trump, according to a Federal Reserve Bank of Dallas survey released on Thursday. The overall outlook brightened and activity levels increased while uncertainty declined in the final quarter of 2024, according to a December survey of 134 energy …

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COMMENTARY: Solar and Wind Power Make Electricity More Expensive – That’s a Fact

As a new year dawns and winter takes hold, it’s worth considering the cost of energy. After a meeting in Italy last spring, the G7 countries (including Canada) pledged to triple renewable energy sources (e.g. wind, solar) globally to ensure an “affordable” energy future. But while direct costs for wind and solar are dropping, they remain expensive due …

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