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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Biden’s legacy lingers in the failing Proterra electric buses he promoted during his presidency
Transit districts across the country continue to have problems with electric buses they bought from Proterra, a company former President Joe Biden had touted. Districts that purchased buses from other suppliers appear to have had fewer issues, but those with Proterra buses are still trying to keep them running.
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Trump administration issues license for floating LNG facility that Biden administration stonewalled
The facility will connect four floating LNG units to existing onshore pipelines and transport the gas to the global market from U.S. federal waters.
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Trump plans to build major Northeast pipeline. Will New York’s Democrat governor get on board?
President Trump met with New York Gov. Kathy Hochul to discuss, among other things, the Constitution Pipeline, which Trump said he plans to build. Trump has some bargaining chips, including congestion pricing and a SALT tax deduction cap, to offer. If built, experts say the pipeline will not only lower costs, it could save lives.
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With gas tax revenues sliding, Illinois weighs road mileage tax
As it is, Illinois motorists now pay the second-highest motor fuel tax in the country at 66 cents per gallon.
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Trump extends deadline for New York City to end congestion pricing
Duffy announced on Thursday that the deadline to end the program, originally scheduled for Friday, has been extended by another month and strongly criticized the Democratic governor over her refusal to shut it down.
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Trump signs executive order to help create mineral supply chains
The executive order states that the U.S. possesses “vast mineral wealth,” but “overbearing federal regulation has eroded the nation’s mineral production.”
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Media frets about free speech in Greenpeace verdict, but ignored treatment of reporters at protest
While the media have become very concerned about free-speech rights in the wake of the ruling against Greenpeace, they showed little concern when the protesters of the Dakota Access Pipeline in 2016 and 2017 were restricting and harassing reporters who asked questions or took photos and videos the protesters didn’t like.
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Ohio’s new power policy takes step forward
If passed by the House of Representatives and signed by Gov. Mike DeWine, the bill would end the state’s legacy generation rider and nearly $450,000 in daily subsidies to Ohio Valley Electric Cooperative, the owner and operator of the coal plants.
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North Dakota jury finds Greenpeace liable for hundreds of millions of dollars in damages
While Greenpeace denied it played more than a peripheral role in the 2016 protests against the Dakota Access Pipeline, the pipeline owner claimed the group organized a campaign of misinformation and direct training to the protesters.
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‘An absolute mess’: Residents of Morton County reflect on pipeline protests years later
During the trial's closing arguments, lead counsel for Energy Transfer Trey Cox revisited unsavory scenes from the protests – protestors lobbing “human feces, water bottles full of urine, burning logs” and other items at law enforcement and security..."