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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Groups at odds over proposed Ohio energy policy
Power The Future wants to keep taxpayer subsidies in Ohio’s energy plan, which has been riddled by scandal in recent years.
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New York headed for showdown on congestion pricing
Transportation Secretary Sean Duffy called congestion pricing a “slap in the face” to working-class Americans and small business owners and set a deadline of Friday to shut the program down.
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Republicans push U.S. House bill to end EV mandates
Also known as the “Choice in Automobile Retail Sales Act,” the bill was previously proposed by Rep. Walberg of Michigan in 2023 and passed by a Republican-held U.S. House. It then stalled in the Democrat-held U.S. Senate.
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Energy Secretary Wright confirms the DOE had already completed an LNG study before Biden’s ban
Biden paused LNG export permits in order to complete a study of their impact on consumer prices and climate change. Energy Secretary Wright says a study was already complete in 2023 showing that they wouldn't impact prices and would lower emissions.
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California, Sonora team up on clean energy and air
Gov. Gavin Newsom and Sonora Gov. Alfonso Durazo Montaño signed a memorandum of understanding Monday at the Stanford Mansion in Sacramento.
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Trump’s support of the coal industry will keep energy costs low, benefit economy, experts say
Experts say that after 15 years of decline the Trump administration's active support of the coal industry will bring down energy costs, improve grid reliability and ensure the U.S.' competitiveness.
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Trump authorizes his administration to open new coal-fired power plants in the U.S.
Trump said "environmental extremists" allowed China to gain an economic advantage over the U.S. by allowing the country to open up hundreds of coal-fired power plants.
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Jury begins deliberations in Greenpeace trial
The company cites the protests as the reason for a five-month delay in the pipeline’s completion, forcing it to miss a Jan. 1, 2017, online production date that it says cost them lost profits and shareholder value.
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Officials explore 'once-in-a-generation' opportunity with wind energy
Highlighting the benefits of wind power, Jenny Netherton, from the Southeastern Wind Coalition, emphasized its potential to bolster the Louisiana's energy grid.
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Biden’s Inflation Reduction Act could end up costing taxpayers nearly $5 trillion, study says
An expensive legacy: Originally estimated to only cost about $370 billion, a new study by the Cato Institute finds that the structure of subsidies in the Inflation Reduction Act means taxpayers could be on the hook for trillions of dollars over the next 25 years.