Energy
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Exxon, global agencies warn of oil price spike within weeks
Neil Chapman, senior vice president at ExxonMobil, told investors at the Bernstein 42nd Annual Strategic Decisions Conference in New York that global inventories could reach critical lows within "two to three weeks."
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Power grid demand summer outlook cautiously optimistic
PJM’s Summer Outlook 2026 projects adequate reserves to maintain reliability under expected conditions, even with hotter-than-normal weather in the forecast and peak demand projected at near-historic levels.
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SCOTUS flooded with briefs critical of Colorado climate suit, signaling high stakes battle ahead
Last week, 78 members of Congress, 27 state attorneys general, some Colorado counties, Native American tribes, industry groups and legal and policy organizations filed briefs in support of the oil and gas companies targeted in the Boulder, Colorado, climate lawsuit. The interest in the case illustrates that the stakes are high, as a ruling has implications economic, legal and political across the country.
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Nantucket stood up to wind developer after blade failure, but citizens say new agreement falls flat
Residents of Nantucket opposed to offshore wind development say a new memorandum signed with the Nantucket Select Board fails to hold Vineyard Wind, the developer of a troubled 62-turbine offshore wind project, accountable for past or future problems.
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Geothermal blind power site discovered in Nevada
The recent geothermal discovery conducted by University Nevada, Reno graduates made use of what's called forward-thinking artificial intelligence technology.
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US oil and gas industry sets production records in November, led by Texas
Crude oil output reached an estimated 5.9 million barrels per day in November, the highest level ever recorded in U.S. history, according to U.S. Energy Information Agency data.
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Trump administration unlocks Alaska energy with resolutions removing Biden-era roadblocks
Palin was right? Alaska energy development got a big boost in December. President Donald Trump signed three resolutions that nullify regulations passed during the Biden administration which blocked millions of acres of The Last Frontier from oil and gas development.
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Alaska LNG pipeline receives final federal permit ahead of schedule
Alaska LNG, which project developers aim to build in two phases over six years, would consist of an 807-mile-long pipeline.
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Strange bedfellows: Netflix to feature a movie about a transgendered coal miner
The entertainment industry has a history of portraying fossil fuels as immoral and destructive. But when a transgender woman enters a coal mine, climate activists are pushed to the sidelines.
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USPS electric fleet push sparks cost, security and job concerns
The $3 billion the USPS received from the Inflation Reduction Act covers only a third of the more than $9 billion needed, a gap Heritage Foundation analyst Diana Furchtgott-Roth says will likely push USPS back to Congress for more funding.
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Judge rules against Trump's freeze on wind energy
Proponents have long considered wind energy to be a clean, renewable energy source that produce electricity without burning fossil fuels. But opponents warn against turbines' impact on wildlife and land. They also question wind power's reliability and affordability.
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Supreme Court may soon decide whether to take up oil companies' petition in Boulder climate lawsuit
Energy companies are hoping the Supreme Court will settle the dispute over what laws apply to climate litigation. While the high court declined last year to take up a case filed by Honolulu, legal experts say it might consider another petition in the Boulder, Colorado, lawsuit.
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State of emergency coming in New Jersey for propane shortage
Gov. Phil Murphy announced the declaration on Thursday afternoon, citing a service interruption at a “major” Marcus Hook, Pa., gas