IlluMyFi

The United States has big plans to expand its nuclear energy industry. The country already boasts the biggest nuclear fleet in the world and is solely responsible for about a third of the world’s total nuclear energy output, and the Biden administration is set on dramatically increasing output over the next decade or so. However, the United States nuclear energy sector has been neglected and underfunded for decades now, and many of the nation’s reactors are scheduled to be retired in the near future. Turning this down-trend…

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Bearish/Bullish

15.05.24 12:00

by oilprice.com

Consumers Sue U.S. Shale Alleging Collusion to Boost Oil Prices

U.S. shale producers have been preaching and practicing capital discipline since the price crash of 2020 and haven’t deviated from their pledge to focus on shareholder returns instead of oil production growth since then. Some of the biggest independent U.S. shale firms may have started to finally please investors with meaningful returns, but they have angered consumers. Some of these consumers of retail gasoline, diesel, and marine fuels allege that the ‘discipline’ in capital allocation has actually been a collusion to boost...