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US energy production
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US energy production hits new record high

America produced 103 quadrillion British thermal units of energy last year.

The US produced more energy last year than ever before, reaching a nationwide total of more than 103 quadrillion British thermal units, according to data from the US Energy Information Administration published Monday. This marks a 1% increase from the previous all-time high set in 2023.

The EIA report found that domestic production records were broken across a number of major primary energy sources, including biofuels, solar, wind, crude oil, and the largest source of energy in the US since 2011, natural gas.

While natural gas still accounted for ~38% of total energy production in the US last year, there was no significant increase in production from 2023. Though America remains the world’s top producer of crude oil, hitting a record 13.2 million barrels per day in 2024, this was only up 2% from the year before.

Coal shoulder

At the same time, the production of coal — which was the largest source of energy in the US from 1984 until 2010 — slumped to its lowest annual output in 60 years, down 10% from 2023. 

As the US has moved to gradually replace coal with other energy sources, China, the world’s largest energy producer, continues to drive up global production — and consumption — of the most carbon-intensive fossil fuel. In fact, the International Energy Agency estimates that China consumes 30% more coal than the rest of the world combined.

On a greener note, the EIA detailed that total renewable energy production also hit a new high last year, as biofuels (up 6%), wind (up 8%), and solar (up 25%) production all saw year-over-year increases and broke previous records.

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Starbucks sells control of China business for $4 billion

Starbucks disclosed on Monday evening in a regulatory filing that it will sell control of its ailing China business to Boyu Capital for about $4 billion.

Under the agreement, Boyu will own a 60% stake in the China segment, which will become a joint venture between Boyu and Starbucks. The coffee chain will retain a 40% interest in the entity and will continue to own and license the brand and intellectual property.

Bloomberg reported earlier this year that the company was looking to sell its China segment. The American coffee giant has struggled to succeed in China, its second-largest market after the US.

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John Wayne Airport in Orange County tops the list of North America’s favorite airports

Despite a record year of passenger numbers, flight cancellations, and delays, a new survey has revealed that flyers have been increasingly satisfied about their experiences in North American airports. 

According to this year’s North America Airport Satisfaction Study from data analysts at J.D. Power, overall passenger satisfaction scores were up 10 points (on a 1,000-point scale), largely from “improvements in food, beverage and retail and ease of travel through the airport.” The annual survey measures overall traveler satisfaction across the region’s airports in seven categories (in order of importance): ease of travel, level of trust, terminal facilities, airport staff, airport departure experience, food and retail, and airport arrival experience.

Here are the regions favorites:

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