World Natural Gas Use to Hit a Record in 2024 - IER
Oct 11, 2024 · Global gas demand is set to hit a record high in 2024 and then again in 2025. The global gas balance, however, is “fragile” as limited LNG production growth keeps supply tight amid rising global demand, according to the International Energy Agency (IEA). In its annual Global Gas Security Review, the IEA noted that following the supply shocks of 2022-23, gas markets returned to more ...
The United States Was Energy Independent in 2019 for the First …
May 11, 2020 · U.S. energy production in 2019 was higher than U.S. energy consumption for the first time in 62 years. Thus, the U.S. attained the long-held goal of “energy independence”—which is not to say that we did not import or export energy, but …
Environmental Impacts of Lithium-Ion Batteries - IER
May 11, 2023 · The green transition is pushing electric vehicles upon the American public as it is believed that they are less greenhouse gas intensive than gasoline vehicles.
The Environmental Impact of Lithium Batteries - IER
Nov 12, 2020 · During the Obama-Biden administration, hydraulic fracturing was accused of causing a number of environmental problems—faucets on fire, contamination of drinking water, etc.—but the administration’s own Environmental Protection Agency could not validate those accusations.. Now Biden is planning to transition the transportation sector to electric vehicles that are powered by lithium ...
China Has Banned Exports of Some Rare Minerals to the United …
Dec 12, 2024 · China has banned exports of “dual-use items” related to gallium, germanium, antimony, and superhard materials to the United States. The Chinese government has announced that it will halt exports of several key materials used in advanced semiconductors and military technologies to the United States. Additionally, China is …
Canada opens its first rare earth elements refinery
Oct 17, 2024 · In Saskatchewan, Canada, the Saskatchewan Research Council (SRC), a government-funded scientific research and development institution, built a $74 million rare earth minerals processing plant that became the first rare earth processing facility in North America to operate at a commercial scale this summer. The facility can produce 10 tonnes of neodymium-praseodymium (NdPr) metals—which are ...
Biden Announces Restrictions on Gas Furnaces - IER
Oct 3, 2023 · Biden’s energy department announced new efficiency rules for residential gas furnaces that will phase out older furnaces and make newer models mandatory, affecting about a third of U.S. homes.
Price Controls and the 1970s Oil Crisis: Lessons for Today
Oct 24, 2023 · A half-century ago this month, the Arab members of the Organization of Petroleum Exporting Countries (OPEC) announced a production cut and an embargo against the United States.
IER in the News - IER
IER has earned a solid reputation for its scholarly approach to energy analysis and free-market energy and environmental policy. IER’s…
Construction Costs for Gas-fired Power Remains Well Below Those …
Nov 4, 2024 · The Energy Information Administration (EIA) recently released power plant cost data and found a decrease in the cost of gas-fired electricity, while the price of wind and solar power rose after a long-term decline.