Energy Roundup: U.S. Oil Reserve Drops to 1984 Levels

10/28/2022
  • Several lesser-known FirstEnergy executives are defendants in two lawsuits filed by company shareholders over the House Bill 6 scandal, according to a report by The Plain Dealer.
  • A Pennsylvania newspaper has published this article examining the fight over wind-energy generation in rural Ohio.
  • A solar power project in Allen and Auglaize counties has been rejected by state officials due to opposition from local governments.
  • The U.S. has just 25 days of diesel supply, the lowest since 2008, reports say.
  • The U.S. Strategic Petroleum Reserve has fallen to its lowest inventory level since June 1984, as illustrated by this graphic.
  • Even before winter begins, heating oil is being rationed in the Northeast U.S., writes Bloomberg (subscription).
  • The energy crisis poses an existential threat to Europe’s manufacturing sector, some analysists say.

Meanwhile, large renewable energy developers are taking issue with parts of federal regulators’ plan to reform the grid interconnection process, according to media reports. 10/27/2022

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