EarlyBird News
Supreme Court Issues Ruling in West Virginia vs. EPA, Stripping the Ability of the EPA to Restrict The Pollution of Power Plants
June 30, 2022Back in 2015, the Obama Administration created the Clean Power Plan (CPP), which had the support of Protect our Winters (POW). Under the guidance of the Environmental Protection Agency (EPA), the CPP required states to reduce the CO2 pollution from coal and transition into cleaner energy production in the U.S. When the Trump Administration took […]
With Freeport LNG delayed, Natural Gas Prices Have Dropped 12%
Natural gas prices are on the trajectory to drop down to their lowest price in twelve weeks. Prices currently are down 12% at 5.693/mmBtu. This is because of the explosion that happened at the Freeport LNG facility in Texas on June 8th. This explosion has hindered production ever since then, and many fear that this […]
National Grid Announces Industrial Basic Service Rates in Massachusetts for August, September, and October
June 22, 2022On June Tuesday 21st, 2022, National Grid announced its new service rates for August, September, and October. These new rates, which are roughly double the current rate, are slotted in at 23 cents per kWh for August, 21 cents per kWh for September, and 20 cents per kWh for October.
Natural Gas Prices Continue to Plummet After Freeport Announces Delay in Operations
June 14, 2022Natural gas prices have dropped 17% to $7.251/mmBtu after Freeport LNG announced that they will not be back to being fully operational until the end of 2022. Freeport LNG is the second-largest in the nation in exports of LNG. Freeport LNG made this announcement in an email following last week’s explosion and fire to their […]
Increase in U.S. LNG Exports to Europe Within First Four Months of 2022
June 7, 2022Throughout the first four months of 2022, the United States has exported 74% of its liquefied natural gas supply to Europe. Last year, the annual average the U.S. exported to Europe was 34%. In 2020 and 2021, Asia has been the primary destination for LNG exported from the U.S. Since December 2021, Europe has been […]