FERC Approves Two New LNG Export Terminals

Last week the Federal Energy Regulatory Commission (FERC) “approved construction of two proposed liquefied natural gas (LNG) export terminals, Tellurian Inc’s Driftwood in Louisiana and Sempra Energy’s Port Arthur in Texas,” Reuters reports .

“Driftwood and Port Arthur are ...

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U.S. Consumed More Energy Than Ever in 2018

Primary energy consumption in the U.S. reached a record high of 101.3 quadrillion British thermal units (Btu) in 2018, up 4% from 2017 and 0.3% above the previous record set in 2007. The increase in 2018 was the largest increase in energy consumption since 2010.

Consumption of fossil fuels—petrol...

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Leading Economic Indicators Up Slightly in March

The Conference Board Leading Economic Index (LEI) for the U.S. increased 0.4% in March to 111.9, following a 0.1% increase in February, and no change in January. In March the LEI for the U.S. recorded its largest monthly increase since September of last year. However, its six-month growth has continue...

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Manufacturing Production Stable in March

Industrial production edged down 0.1% in March after edging up 0.1% in February; for the first quarter as a whole, the index slipped 0.3% at an annual rate. Manufacturing production was unchanged in March after declining in both January and February. Manufacturing output moved down at an annual rate o...

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