by Alec | Jun 2, 2020 | News
The number of active oil and natural gas drilling rigs in the United States reached an all-time low on May 15th, when there were 258 oil rigs 79 gas rigs, according to Baker Hughes data. Baker Hughes has been tracking rig counts since 1987. Oil rigs saw the steepest...
by Alec | May 12, 2020 | News
The economic shutdown related to the Coronavirus pandemic has caused a decline in energy demand throughout the US. As a result of the lower demand, combined with low natural gas prices and mild weather, coal-fired generation is being called on less-frequently, keeping...
by Alec | Nov 4, 2019 | News
Forecasts by the Solar Energy Industries Association (“SEIA”) and Wood Mackenzie Power & Renewables show that the US would add an additional 82 GW of solar capacity by 2030, if Congress maintains the solar Investment Tax Credit (“ITC”), on top of the 227 GW...
by Alec | Oct 30, 2019 | News
According to new research from Wood Mackenzie and the American Wind Energy Association (“AWEA”), renewable energy demand by Fortune 1000 companies could reach 85 GW by 2030. Many top companies like Facebook and Google had already contracted for more than 6 GW of wind...
by Alec | Oct 14, 2019 | News
In its latest International Energy Outlook (“IEO”), the US Energy Information Administration (“EIA”) says renewable energy will displace oil as the world’s top energy source by the late 2040s. However, oil demand will continue to rise until 2050 as EIA Administrator...
