Power Blocks in Combined-Cycle Plants Getting Bigger

Since 2014, the average size of a natural gas-fired combined-cycle power block has increased significantly. The average combined-cycle power block installed between 2002 and 2014 was about 500 MW. After 2014, power block capacity increased , reaching an average of 820 MW in 2017. Power blocks have inc...

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U.S. Petroleum Industry Again Has Historic Month

Coming off a remarkable December, the energy industry kicked off 2019 with record-setting numbers. The American Petroleum Institute’s latest Monthly Statistical Report (MSR) shows the U.S. natural gas and oil industry set multiple records in January, including the strongest gasoline demand (8.9 ...

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Leading Economic Indicators Down Slightly Last Month

The Conference Board Leading Economic Index (LEI) for the U.S. declined 0.1% in January (according to preliminary estimates) to 111.3, following no change in December, and a 0.1% increase in November.

“Based on preliminary data, the U.S. LEI declined very slightly in January and December’s ...

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Small Business Optimism Down a Fifth Straight Month

The NFIB Small Business Optimism Index slipped 3.2 points in January, as owners continued hiring and investing, but expressed rising concern about future economic growth. The 101.2 reading, the lowest since the weeks leading up to the 2016 elections, remains well above the historical average of 98, ...

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