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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‘Breathing room:’ Biz welcomes CARB pause on climate reporting law
The appeals court halted enforcement of the climate regulations as a result of proceedings in a lawsuit filed by a number of business groups, including the California Chamber of Commerce.
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Oil and gas lease sale starts new era in Gulf energy production
Statistical reports on the Bureau of Ocean Energy Management website show 26 companies submitted 219 bids spread across 1.02 million acres, representing about 1.3% of the total area offered in Big Beautiful Gulf 1, the official name of the auction.
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Blue states with renewable energy mandates have higher electricity prices than red states: report
As Trump kicks off his affordability tour, new analyses show that states with renewable energy mandates have higher electricity rates than states without.
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Climate warrior Mann co-authors work funded in part by attorney with interest in key climate suit
An Oregon court criticized an attorney representing Multnomah County in its $51 billion climate lawsuit for not disclosing his involvement in research used to support the plaintiff's claims. The attorney also helped fund a paper co-authored by Mann, arguing that the "climate crisis" is “a major driver of global instability.”
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Regulators give more time for Alaska LNG import facility
The Federal Energy Regulatory Commission last week approved Trans-Foreland Pipeline Company LLC’s request for an extension to convert a dormant LNG export terminal in Nikiski on the Kenai Peninsula to an import facility.
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Wyoming rare earth mine continues to be blasted by critics, but Ramaco stands by its potential
As the U.S. seeks to secure a domestic supply of rare earth elements, one company in Wyoming hopes to become a key source of those critical minerals. The project has faced considerable criticism from experts, but the company disputes claims that the mine isn't economically viable.
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Analyisis: No carbon taxes 'worth the wait' for taxpayers
The Regional Greenhouse Gas Initiative, often called RGGI, began nearly two decades ago with a handful of mid-Atlantic and Northeast states that agreed to cap emissions from power generators. It’s grown to include 10 states, including most of Pennsylvania’s neighbors, and has collectively reduced harmful pollutants by half and at a rate faster than the rest of the country.
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Cold snap hits as winter heating costs rise
The National Energy Assistance Directors Association reports that residential electricity prices increased 10.5% between January and August.
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Senate opens door to reopen Alaska Coastal Plain to energy leasing
Federal lease sales in Alaska will now revert to a framework developed in 2020 by the Trump administration.
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Young farmer’s crusade to protect vanishing farmland pits her against solar developers in New York
A social media influencer bought a farm in upstate New York. She says her investment is now threatened by the "aggressive" tactics of solar developers who are buying up farmland where ever they can find it, and New York's siting regulations make little room for public participation in the process.