Energy
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Trump contemplating a ban on diesel exports, but experts warn relief would be temporary
As conflicts in Russia and the Middle East reduce global refinery output, the resulting high diesel prices are hitting Americans. Trump and lawmakers are looking for solutions, but experts say a ban on diesel exports would lower prices only temporarily and potentially bring long-term harms.
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Lawmakers in Ohio suspend gas tax for 90 days to give motorists relief at pumps
The suspension will cost the state treasury about $725 million and save individual motorists about $3 a week, according to lawmakers.
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Tennessee Valley Authority granted construction permit for a small, next-generation nuclear reactor
The reactor will be a 300-megawatt GE Veranova Hitachi boiling-water reactor, and it will help meet the region's growing power demands.
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Push to expand offshore oil production faces headwinds
Oil and gas production on the Outer Continental Shelf generated $7 billion in federal revenue in the 2024 fiscal year.
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Interior Department proposes opening waters off California and Florida to oil drilling
The plan proposes sales off the coast of Southern California in 2027, 2029 and 2030, two sales near Central California in 2027 and 2029, and one off the coast of Northern California in 2029.
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Refilling Strategic Petroleum Reserve begins
The oil will be delivered to the Bryan Mound Strategic Petroleum Reserve site near Freeport, Texas, in December and January, the Energy Department said in a statement.
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LNG exports soar as new plants start up in Louisiana, Texas
While U.S. LNG shipments continued to increase in October, more of the Haynesville shale gas that feeds the export terminals changed hands during the month.
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Michigan House passes bipartisan nuclear energy incentive package
Expansion will be done largely via tax incentives and taxpayer-funded grants.
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EPA chief says 'the sky is the limit' with Trump’s diplomatic deals on strategic minerals
Trump spent the last week making a strategic push to diversify and secure global supply chains for rare earths and essential strategic resources away from China's near-monopoly, reducing America’s reliance on Chinese resources for defense and electronics.
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New pipelines boost flow of shale gas to Gulf of America LNG export terminals
As production climbs, U.S. now exports about 12% of the natural gas it produces.
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U.S. liquefied natural gas exports reach new record in September
The United States was the world's largest liquefied natural gas exporter in 2024.
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Department of Energy returning $13B climate agenda funding to taxpayers
In response, Larry Behrens from Power the Future told The Center Square that “by returning $13 billion, the Department of Energy under President Trump is showing respect for taxpayers and a willingness to end funding for programs that don’t work.”
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Data center energy and water needs raise concerns
The data center boom has been felt across the U.S. as tech companies are increasingly looking to keep up with an AI revolution.