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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Wyoming rare earth mine touted as America’s first in decades isn’t economically viable, critics say
Ramaco Resources says its Brook Mine near Sheridan, Wyoming, will satisfy a large chunk of U.S. demand for rare earths, but experts say the mine's potential falls well beneath the hype and won’t likely ever turn a profit — much less produce any minerals.
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Biden drained the nation’s energy stockpiles, but ‘Big Beautiful Bill’ allocation won’t refill it
The Big Beautiful Bill allocated $171 million for petroleum acquisitions toward refilling the Strategic Petroleum Reserve, which will only buy a few million barrels. To replenish it to 2021 levels, the federal government will need approximately 236 million barrels.
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Sole gas pump in Germania finds new life
While revitalizing the space into the White Pine Café, Store & Lodge, the new owners found a hitch in their operations plans to provide fuel to the local ATV community.
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Texas Petroleum Investment linked to dozens of Louisiana oil spills since 2019
The bulk of that oil — 190,000 barrels — came from a single catastrophic spill in 2019 in Iberia Parish.
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Florida regulators hold final public hearing on Peoples Gas rate hike proposal
In both hearings, there was no feedback from ratepayers, but emails opposing the rate hike continue to populate the rate case docket.
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State starts program for coal workers as plants, mines close
The program will provide free, personalized support to workers to help them plan their next steps — whether that means reskilling, starting a business, planning for retirement or exploring new opportunities.
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Sustainability, community impact concerns shade data center investment
As electricity demand surges, and older generation sources are retiring faster than new ones come online, officials are grappling with how to manage grid reliability, infrastructure needs, and local and environmental concerns – while exploring policies that strike a balance between supporting smart growth and protecting consumers.
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Survey shows Americans aren't buying into climate hype, but the media don't seem to notice
As the Trump administration dismantles the Biden-Harris administration's climate policies, a new survey shows that when it comes to energy and climate issues, the American public isn’t buying the hype of a climate crisis.
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State reps counter Lt. Gov. candidate’s claim that ethics led Illinois energy legislation
Sentencing is scheduled next Monday, July 21, for former ComEd CEO Anne Pramaggiore after she was convicted of conspiracy, bribery and falsifying records in connection with a scheme to bribe former Illinois House Speaker Michael Madigan, D-Chicago.
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Dep't of Energy says continuing Biden-era energy policies will increase blackout risk by 100-fold
The Biden administration's annual "Resource Adequacy Report" mentioned climate change 17 times. The Trump administration's report doesn't mention it at all. Energy Secretary Chris Wright says the latest report confirms the U.S. electricity grid is on an "unstable and dangerous path."