Energy
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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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Trump hesitates to commit to gasoline tax holiday a couple weeks after calling it 'a great idea'
"Well, it's something we might talk about. We'll see what happens in the next week or two weeks," Trump told reporters.
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Gas prices increase to national average of $4.104, AAA reports
Earlier in the week, average gas prices jumped past $4 for the first time since 2022.
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Texas oil and gas industry reporting job losses
Lower rig counts mean less extraction jobs and less investment in drilling new wells.
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U.S. LNG exports up again in March on global panic buying
Cheniere Energy CEO said at the CERAWeek Conference in Houston on March 25 that his company is doing “whatever it can” to increase production.
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Taxpayer-funded science academy will keep controversial climate chapter in judicial training manual
The National Academies of Science, which received $200 million from federal agencies in 2024, refuses to remove a chapter about climate from a science manual provided to thousands of judges. Critics argue it is one-sided and biasing judges in climate lawsuits. A new study details the left-wing funding, and possible self-interest that the academies are promoting.
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Not just gasoline: Rising costs from Iran conflict will impact food, plastics and electronics
The Strait of Hormuz is an artery through which oil, natural gas, petrochemicals and nitrogen fertilizers flow. Just about every consumer product will be more expensive with increased costs of diesel, gasoline, fertilizers, plastics and helium, all of which require oil products. How high prices go and what the impact will be on the economy will depend on how long the conflict continues, and its eventual outcome.
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Department of Justice sues New Jersey town over natural gas hook-up ban
In 2022, the Township banned natural gas, propane gas, and fuel oil infrastructure and appliances in new apartment complexes or apartment-style housing with 12 or more dwelling units.
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First oil sale made in California after Trump offshore drilling to resume in state
Oil production is currently through Sable Offshore Corporation's Platform Harmony, producing around 22,000 barrels of oil per day
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States sue Trump administration over rollback of some air pollution regulations
The lawsuit targets the repeal of the 2024 update to the Mercury and Air Toxics Standards, known as MATS, which was expanded under the U.S. Environmental Protection Agency during the Biden administration.
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Nevada utility's demand-based charges further delayed
The demand-based energy charges, which would be the first imposed by an investor-owned utility company on residential customers in the U.S., were set to begin Wednesday. The delay followed the company’s ongoing $63 million in refund payments to overcharged customers.
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Enviros say production of Gulf oil will hurt whales, but they celebrated Biden’s offshore wind
The Trump administration Tuesday exempted oil and gas operations in the Gulf of America from the Endangered Species Act, and environmentalists are raging over what they claim is a threat to endangered whales. Strangely, under Biden's term they had no such concerns for impacts from offshore wind and actively advocate for the industry.