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...Jessica SmithMyles McCormick is the FT’s Houston correspondent, he covers the energy industry. Thanks, Myles. Myles McCormickThanks for having me on....
...The Biden administration has been conscious of that dynamic — and also of the political consequences of higher gasoline prices ahead of elections....
...In Texas, more than 65 counties had burn bans in place ahead of a cold front that it was hoped would ease the fire conditions this week....
...And that’s a result of fundamental supply and demand factors. Marc FilippinoMyles McCormick covers energy for the FT from Houston. Thanks, Myles. Myles McCormickThanks, Marc....
...Which of these two sentiments that we just heard is resonating more with voters there? Myles McCormick I suppose the former, to some extent....
...of November’s election and force it to pay for clean-ups....
...Energy Source is written and edited by Jamie Smyth, Myles McCormick, Amanda Chu and Tom Wilson, with support from the FT’s global team of reporters....
...In the US, home to about a third of the world’s data centres today, the sector’s proportion of total national power demand is likely to rise from about 4 per cent to 6 per cent by 2026....
...During a visit to Lackawanna College’s School of Petroleum & Natural Gas in the small town of Tunkhannock near Scranton, McCormick alleged Biden had perpetrated “a war on energy” that has undermined US security...
...Cheniere made the first shipment of LNG from the contiguous US states in 2016 and has been crucial in propelling the country into becoming the world’s biggest exporter of the superchilled fuel....
...His remuneration compares with the $26.5mn paid to Mike Wirth, boss of rival US supermajor Chevron, which was a $3mn increase on the previous year. Read more here...
...The Biden administration has increased the cost of oil and gas drilling on public lands, raising royalty rates for the first time in a century as part of a sweeping crackdown on the industry ahead of November...
...Charif Souki, a pioneer of the US liquefied natural gas industry, has been ordered to repay $100mn to his lenders months after he was ousted from his latest venture....
...Biden also notched a victory in Colorado, winning 85 per cent of the vote, with 74 per cent of ballots counted....
...private] discussions and publicly announced that they . . . had filed for arbitration.”The spat threatens to derail Chevron’s $53bn deal for the US oil producer Hess, with Exxon arguing it has the right of...
...Daily transfers of migrants from Border Patrol to local officials have been as high as 1,800, says Mark Evans, communications director for Pima County. “December has been an exhausting month....
...The stock and cash transaction will combine two significant players in the Bakken Shale of North Dakota and Montana, after a string of deals in the more prolific Permian Basin....
...With more than 40 per cent of the vote counted, the race was called for Biden with 87 per cent of the vote and Trump, with 76 per cent....
...On the Democratic ballot, the focus will be on the number of people in the blue state opting to ditch Joe Biden in favour of a “non-committed” vote — an indicator of the extent of the backlash against the...
...A surge in the number of people crossing the US’s southern frontier has thrust migration into the spotlight ahead of the November poll, becoming a key attack line for Republicans....
...Exxon on Wednesday said it had filed a case in the International Chamber of Commerce in Paris to assert its right of first refusal over Hess’s stake in a Guyana oil find that is seen as the crown jewel of...
...He is trailed by state senator Roland Gutierrez, a more progressive leaning state senator, who has gained prominence as a vocal advocate of gun control since the 2022 Uvalde school shooting....
...“It will not be done without gas,” said Toby Rice, chief executive of EQT, the country’s biggest gas producer, of the coming AI boom....
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