Texas
-
News
Talen Energy Gets $1 Million Fines Over Pollution at The Power Plant
Practically a year after four environmental organizations threatened Talen Energy with a trial over pollution at a York County plant, the Allentown power producer agreed to pay a $1 million penalty. The Environmental Integrity Project of Washington, D.C., which introduced a settlement Wednesday, mentioned in an information launch that Talen agreed through a courtroom document to the civil penalty associated…
Read More » -
News
Texas Using Wind Power- Surpassing Old Coal Power
Wind power is a better option from the coal power which is taken by Texas, by the reports. The numbers cap an unlimited rise in wind power within the nation’s high energy-producing state over the previous decades. The wind has generated 22% of the state’s electrical wants this year. It quietly edged out coal, which supplied 21% of the Lone…
Read More » -
Crude Oil
Crude Oil Valuation Update – Exposed to Heavy Hedge Fund Liquidation
The United States West Texas Intermediate crude oil futures are trading marginally higher following the release of the United States Energy Information Administration’s (EIA) weekly inventories report. The market is also trading inside yesterday’s broad range, which intimate’s investor indecision and impending volatility. At 14:30 GMT, the EIA report showed a 3.1-million-barrel drawdown. This was somewhat above the 3.6-million-barrel drawdown…
Read More »