May 11, 2020 · U.S. energy production in 2019 was higher than U.S. energy consumption for the first time in 62 years. Thus, the U.S. attained the long-held goal of “energy independence”—which is not to say that we did not import or export energy, but that we produced more energy than we used. One can thank the oil and gas industry and its use of hydraulic fracturing and horizontal drilling for that ...

Oct 11, 2024 · 1 The IEA expects 2024 to mark a record year for world natural gas demand, driven largely by increasing demand in the Asia-Pacific region, and 2025 is expected to exceed that record.

Oct 3, 2023 · Biden’s energy department announced new efficiency rules for residential gas furnaces that will phase out older furnaces and make newer…

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Jan 22, 2025 · IER is a not-for-profit organization that conducts research and analysis on the functions, operations, and government regulation of global energy markets.

Jan 7, 2025 · Over the past year, there have been many stories on the staggering electricity demands from artificial intelligence, or AI. The Wall Street Journal provided a new example of AI’s insatiable electricity consumption. In an article about the challenges OpenAI (the most famous AI company and maker of ChatGPT) is facing in releasing its next-generation AI model (Orion), the WSJ says: OpenAI has ...

Nov 4, 2024 · The Energy Information Administration (EIA) recently released power plant cost data and found a decrease in the cost of gas-fired electricity, while the price of wind and solar power rose after a long-term decline. The agency found that natural gas-fired utility construction costs were $820 per kilowatt in 2022, while solar power construction costs were $1,588 per kilowatt and wind power ...

Sep 23, 2024 · Microsoft and Google have recently abandoned their carbon neutrality goals, with their emissions rising by 29 percent and 50 percent,…

Jul 12, 2024 · 3 Some nuclear facilities are even being purchased outright as tech companies want high quality, reliable, round-the-clock electricity that nuclear provides.

Jun 24, 2024 · According to the Energy Institute’s Statistical Review of World Energy, global fossil fuel consumption and energy-related emissions hit record highs in…