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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DOE authorizes Strategic Petroleum Reserve exchange to support Louisiana fuel supply
The DOE SPR emergency exchange is the latest of several in the last few decades where SPR reserves played a vital role in response to natural disasters or other incidents.
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Trump announces $92 billion of investments in PA during energy innovation event in Pittsburgh
President Donald Trump on Tuesday announced $92 billion of investments in Pennsylvania for energy infrastructure and to develop artificial intelligence during an energy innovation event in Pittsburgh.
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Settlement in Nantucket blade failure lets wind power developer off the hook, critics want answers
The town of Nantucket settled with the maker of a blade that broke away from a wind turbine in the Vineyard Wind offshore wind project. It scattered debris across the island's beaches but the settlement releases the developer from further liability. Critics demand more accountability.
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CA running 67% on ‘clean’ energy; prices double US average
“Gavin Newsom’s energy victory lap skips the key detail: Californians pay some of the highest electricity rates in America,” said the California Assembly Republican caucus in a statement. “He won’t even say 'affordability' because he can’t defend the cost.”
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'Big Beautiful Bill' expands oil and gas leasing, tax credits
Among its most significant energy-related provisions, the legislation mandates the resumption of quarterly onshore oil and gas lease sales under the Mineral Leasing Act, effectively repealing restrictions introduced by the Inflation Reduction Act.
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Musk’s Grok AI facility faces opposition as environmentalists target data centers’ emissions
Tech companies are looking to natural gas to power their data centers with natural gas. Opponents of Elon Musk's Memphis facility say its turbines are "silent strangulation" by air pollution. When a scientific analysis failed to find dangerous levels of pollutants, the opponents refused to accept the findings.
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Wisconsin nuclear power bills signed into law
The bills require a temporary board to plan and hold a Wisconsin Nuclear Power Summit and a nuclear siting study for identifying potential communities ideal for nuclear power generation, including both existing and new sites.
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Activists call for climate skepticism to be outlawed, and experts say it shows growing desperation
A U.N. report calls for climate skepticism to be criminalized, and other reports are pressuring social media companies to remove content questioning the "climate crisis" narrative. Climate skeptics, meanwhile, are asking for more opportunity to debate those with whom they disagree.
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Trucking industry says WA has ‘failed’ it regarding EV mandates
ACT is one of several environmental-based transportation goals pursued by the state that has faced setbacks.
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Oil and gas industry praises Trump permitting reform
The NEPA reforms include eliminating outdated agency procedures, many of which hadn’t been revised since the 1980s.