795 Mwh: The total electric power sector generation from renewable sources in the US last year, according to a new report from the EIA. In 2021, power from renewable sources surpassed nuclear power generation.
$925 Million:The amount that the Frontier fund will spend to purchase carbon offsets from companies that remove carbon dioxide from the air.
1 Million: The number of barrels of oil that the US will release from its Strategic Petroleum Reserve per day for the next six months to abate the spike in energy prices.
144,000:The number of acres of federal land that will be available for oil and gas leasing per a recent decision by the US Department of Interior.
109: The increase in the number of active onshore rigs in the US since the beginning of the 2022. The Permian, Haynesville and Eagle Ford Basins have seen the greatest uptick in rig count year to date.
Subscribe to Our Blog
We will send you an email whenever a new blog posting has been published.