Energy

With U.S. now energy independent, higher oil prices affect economy differently 

For decades, politicians have talked about the U.S. achieving energy independence, a seemingly elusive goal of producing enough fuels to avoid relying on the rest of the world to fill up gas tanks and keep electricity flowing.

ExxonMobil’s $500M polyolefins plant addition on track for startup this year

ExxonMobil’s $500 million addition to its Scenic Highway polyolefins plant is about 75% complete, with startup expected before the end of the year, officials say.

Capital Region not immune to threat from rising seas

Sea levels are expected to rise as much over the next 30 years as they have over the previous 100 years, according to a new federal study. 

Some in Congress want to halt federal gas tax amid high inflation 

A push by some Senate Democrats to suspend the federal gasoline tax is running...

Energy firms offering 500 million tons of carbon capture capacity to Louisiana industry

EnLink Midstream and Talos Energy are jointly offering carbon capture, transportation and sequestration for industrial-scale emitters in Louisiana, the companies announced Tuesday. 

Pipeline safeguards broke down in December oil spill 

A corroded pipeline that ruptured and spilled 350,000 gallons of diesel fuel into a...
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Australian firm plans $176M electric vehicle battery project in Louisiana

Syrah Resources plans to invest $176 million to expand its Syrah Technologies graphite processing facility in Vidalia, state and company officials announced today. 

Haynesville Shale seeing more activity as oil nears $100 a barrel

As U.S. oil rises toward $100 a barrel, producers in some high-cost shale basins...

US rig count sees largest single-week rise since 2018 

The number of active oil and gas drilling rigs in the U.S. rose by 22 last week—the 16th straight weekly increase and the largest single-week rise since February 2018. 

Louisiana federal judge blocks higher climate cost estimate on emissions 

A federal judge today blocked the Biden administration’s attempt to put greater emphasis on...