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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California likely to fight for EV mandate, but data shows that EV sales way below mandate targets
California's EV mandate requires that 35% of all new vehicles sold in the state be electric in 2026, but EV sales were only 25% of the total in 2023 and 2024.
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Global LNG trade hits new record in 2024, driven by U.S. output and new capacity
North America solidified its position as the third-largest exporting region, increasing its exports by 4.11 million tons to reach 88.64 million tons.
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Senate votes to stop California from mandating EVs, which would have impacted drivers nationwide
Because 11 states and the District of Columbia have adopted California’s regulations, California’s EV mandate would likely maintain an EV mandate nationally.
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Trump greenlights NY offshore wind project with Gov Hochul, opponents file lawsuits to stop deal
Trump may have just negotiated a pipelines-for-wind deal with New York Gov. Kathy Hochul. Whatever the reason for the reversal of a stop-work order on Empire Wind, opponents say the underlying Biden administration approval was done illegally.
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Legislators investigate 65 cent per gallon gas 'tax' hike set to impact CA, AZ, NV
“CARB and the Governor pushed an expensive gas price hike behind closed doors, ignored public input, and misled Californians about the real cost,” said Senate Minority Leader Brian Jones, R-San Diego.
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Louisiana moves to fast-track nuclear power plant permits
The federal law aims to eliminate key bottlenecks in the regulatory process, making it easier — and faster — for companies to launch advanced nuclear projects.
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Hearing on Georgia Power rate freeze is June 26
The agreement announced Monday does allow Georgia Power to return to the Public Service Commission in 2026 to discuss recovery costs for the hurricanes that swept through the state in 2024.
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Electric transmission upgrades at crucial turning point
Meeting the growing electricity demand, driven by increased use of technologies like video conferencing, artificial intelligence, advanced manufacturing and electric vehicles, framed the discussion on how to maximize the existing grid and prepare for significantly higher levels of electricity generation and consumption.
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Senate to vote to overturn California gas car ban, overriding parliamentarian
States seeking more stringent air regulations than the federal standard have done so by adopting California’s rules, making California’s emissions regulations a matter of national concern.
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World moves away from 'green gospel of scarcity' and now embraces 'energy abundance,' experts say
“I think we've gone from scarcity to abundance — from the green gospel of scarcity and its Trinitarian ESG god — to the promised land of abundance guided by the values of affordability and reliability,” David DesRosiers, conference co-chair of the RealClear Energy Future Forum, said.