Energy News

• Ron Insana: It's time to use an 'all of the above' energy policy to break up the OPEC+ cartel
  
  Saudi Arabia's decision to ally with Russia means it's time for the U.S. to take every available step it can to boost U.S. energy production.
  CNBC.  Friday, 7 Oct 2022.
• Europe energy crisis: Italians told to turn thermostats down
  
  Italy becomes the latest European country to impose energy-saving rules ahead of winter.
  BBC News.  Friday, 7 Oct 2022.
• UK energy crisis will be worse next year than this year, expert warns
  
  James Rogers, co-founder of the think-tank Council on Geostrategy, told MailOnline that Europe can get through this winter because it stockpiled Russia gas before the supplies were cut off.
  Daily Mail.  Friday, 7 Oct 2022.
• Public won't be told to cut energy use after Truss objects
  
  A minister denies a full plan was blocked by Liz Truss's office and insists energy supplies are secure.
  BBC News.  Friday, 7 Oct 2022.
• Duke Energy (DUK) Unit Files for Rate Hike to Strengthen Grid
  
  Duke Energy (DUK) unit files for a rate increase with the Commission, which if approved, will generate funds and assist the company to continue with its infrastructure upgrade.
  Zacks.  Friday, 7 Oct 2022.
• Is Grupo Aeroportuario Del Pacifico (PAC) Stock Outpacing Its Transportation Peers This Year?
  
  Here is how Grupo Aeroportuario del Pacifico (PAC) and Tsakos Energy (TNP) have performed compared to their sector so far this year.
  Zacks.  Friday, 7 Oct 2022.
• America Wants More Oil, But Only From Other Countries
  
  The self-defeating nature of the Biden energy policy continued Thursday as officials let it be known they are considering a pair of actions apparently designed to make the domestic situation with oil and gas worse, not better.
  Forbes.  Friday, 7 Oct 2022.
• Company insolvencies at highest level since 2009 as energy bills bite
  
  The number of company insolvencies in England and Wales hit its highest level for 13 years in the second quarter of the year, according to official figures.
  Sky News.  Friday, 7 Oct 2022.
• China Is the Wild Card in the Energy War With Russia
  
  Slower growth in China has braked the rise in world energy prices and Russian riches, but Beijing has also stepped up its purchases of Russian fossil fuels.
  New York Times.  Friday, 7 Oct 2022.
• Wetherspoons' woos drinkers and diners as COVID recovery is hit by higher costs
  
  JD Wetherspoon, the pub chain, has reported a fall in annual losses despite rising costs from energy and wages while warning that the industry is facing a challenge to get people back to pubs.
  Sky News.  Friday, 7 Oct 2022.
• Falling oil price ends Shell era of record profit
  
  Shell warned the era of record profits was coming to an end as its refining and natural gas divisions were hit by lower oil prices and volatile energy trading.
  Daily Mail.  Friday, 7 Oct 2022.
• EU Leaders Meet In Prague To Seek Common Approach To Energy Crisis
  
  EU leaders meeting at an informal summit in Prague on October 7 are set to look into ways to smooth over differences on how to tackle soaring energy prices as the 27-member bloc grapples with the fallout from Russia's war on Ukraine.
  Radio Liberty.  Friday, 7 Oct 2022.
• Joe Biden has hampered domestic energy industry while pleading for more foreign oil
  
  President Biden has waged a war on fossil fuels, hampering domestic production even as he has turned to foreign dictators in Saudi Arabia and Venezuela for more oil.
  Fox News.  Friday, 7 Oct 2022.
• Germany's relief plan could trigger a UK-style bond meltdown in euro nations
  
  German Chancellor Olaf Scholz last week announced a package worth 200 billion euros ($198 billion) designed to help with soaring energy prices.
  CNBC.  Friday, 7 Oct 2022.
• France Seeks to Weather an Energy Crisis as Russia Cuts Gas Supplies
  
  The government unveiled its biggest energy conservation measures in decades, part of an effort in Europe to save power as Russia cuts gas supplies.
  New York Times.  Thursday, 6 Oct 2022.

News Headlines and News Summaries