Your Weekly Energy News Roundup Stay up to date with the latest energy news! US ENERGY UPDATE | April 4, 2024 View this email in your browser U.S. Petroleum Product Exports Set Another Record High in 2023 Growing 14% in 2023, U.S. propane exports averaged 1.6 million b/d in 2023, establishing an annual record high. Propane exports made up 26% of all U.S. petroleum product exports, more than any other petroleum product. Propane is consumed globally for space heating and is increasingly used as a petrochemical feedstock in East Asia. Propane consumption as a petrochemical feedstock has been driven by propylene production in East Asia. Propylene is a base chemical used to manufacture polypropylene, a fiber used to make car interiors, packaging, and personal protective equipment. Read More  Carbon Capture Will Put Louisiana in the Forefront of Energy Innovation For more than a century, Louisiana’s energy industry has led the way in innovation. Louisiana has an opportunity to capitalize on changing marketplace demands by utilizing carbon capture and storage, or CCS, and leading the future of energy. Read More  Texas energy companies are betting hydrogen can become a cleaner fuel for transportation A concrete platform with fading blue paint marks the birthplace of the modern oil and gas industry in southeast Texas. Weather-beaten signs describe how drillers tapped the Spindletop oil well in 1901, a discovery that launched petroleum giants Texaco, Mobil and Gulf Oil. Read More Walmart Invests in Solar Energy Projects in Maryland National renewable energy provider Pivot Energy announced big-box retailer Walmart is investing in 19 solar projects under development in Maryland and four other states, including 15 community solar projects. The strategic tax equity investment will drive the construction, operation, and maintenance of a diverse solar project portfolio across Maryland, Illinois, Colorado, Delaware, and California. Read More Utility Rate Hikes Likely to Be a Big Political Issue in Coming State Elections Are legislative leaders waiting to learn if such bills draw opponents whose campaigns will be based on protecting the consumers rather than assisting utilities? Read More Subscribe to the US Energy Update The US Energy Update was created to keep the public informed about the wide range of energy news which comes from the diverse and fast-paced energy industry. Our mission is to provide a compendium of interesting and insightful news relevant to energy industry professionals and observers.   Subscribe Today Copyright © 2024 US Energy Update, All rights reserved. Want to change how you receive these emails? You can update your preferences or unsubscribe from this list.