Energy Update
With new steel tariffs imposed by the US, Chinese and ASEAN steel is becoming more expensive in the US. While China contributes only 2% of finished steel entering the US, Chinese items made from steel and aluminium - along with countless "transiting metals" - are likely to take a far greater share.
(Mon, 23 Apr 2018) Pennsylvaniaâs marketed natural gas production averaged a record 15 billion cubic feet per day (Bcf/d) in 2017, 3% higher than the 2016 level. This production is largely from shale plays in the Appalachian Basin. Pennsylvania accounted for 19% of total U.S. marketed natural gas production in 2017 and produced more natural gas than any other state except Texas.
San Mateo Midstream has announced the completion and start-up of the expansion of the Black River cryogenic natural gas processing plant in Eddy County, New Mexico.
Pennsylvania’s marketed natural gas production averaged a record 15 billion cubic feet per day (Bcf/d) in 2017, 3% higher than the 2016 level. This production is largely from shale plays in the Appalachian Basin. Pennsylvania accounted for 19% of total U.S. marketed natural gas production in 2017 and produced more natural gas than any other state except Texas.
A decade has passed since the 2008 dry bulk freight rates began a long downturn which coincided with the Financial Crisis and culminated with a historic low in January 2016.
Anla has upheld its decision to reject the permit request for the 152-MW Piedra del Sol hydro project in Colombia, citing deficiencies in information related to the project’s impact on water supply and fragile ecosystems in northern Santander department, among other factors.
Rep. Jacky Rosen (D-NV) yesterday introduced a bill to repeal the solar tariffs that President Donald Trump imposed in January. According to Rosen’s office, if passed, the legislation would allow duties and tariffs to default back to previous rates, and companies that imported any affected solar products under this new tariff would receive retroactive reimbursement.
Michigan utility customers who put surplus electricity they generate back onto the power grid will be paid a lower, avoided-cost rate after June 1.
Interest rates are rising, making debt much more expensive for capital-intensive industries across America. But there’s at least one exception: the solar business.
Earth Day is Sunday, April 22, and while it’s easy to appreciate a day that celebrates the importance of environmental protection, it’s not as easy to figure out what actions you can take on Earth Day to show your support for the movement.
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