Energy
Image
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.
Image
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.
Image
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.
Image
Report: New England electricity prices among the highest nationwide
ALEC released its analysis on Wednesday. North Dakota and Louisiana were the leaders in the review of electricity prices and energy affordability indicators as measured for each of the 50 states. The higher the ranking, the less expensive the costs for consumers.
Image
Sanders and AOC have data centers in crosshairs, but research raises doubts about their criticisms
While data centers are accused of driving up electricity costs, a study by the Institute for Energy Research found no correlation between the number of data centers in a state and electricity rates. It also found that the more demand for electricity grew in a state, the lower its electricity rates. AOC and Bernie Sanders don't seem to get that.
Image
Wisconsin committee asks AG Kaul to stop use of privately funded attorneys
Senate President Mary Felzkowski, R-Tomahawk, said that the attorneys had salary and benefits paid by the Michael Bloomberg-funded New York University State Energy & Environmental Impact Center.
Image
Chevron denies conspiracy to increase Calif. gas prices
“Plaintiffs’ conspiracy theory also fails because it is nonsensical. If the goal was to conspiratorially increase prices, Defendants could have just raised their prices—there is no need for the convoluted, roundabout mechanism Plaintiffs invent here.”
Image
Consumers Energy rate hike approved, bills set to rise in May
The Michigan Public Service Commission approved a rate hike for Consumers Energy that will allow the utility to collect an additional $276.6 million in revenue from its electricity customers.
Image
Gas prices reach $4 a gallon for first time in US since August 2022 amid Iran war
Gas prices have increased more than a dollar per gallon over the last month
Image
Iran strike sets loaded oil tanker ablaze in Dubai
The attack, which came despite stepped-up security, comes with oil prices already settling above $100 per barrel, nearly double the price in January
Image
Europe’s climate policies offer no relief for gas prices, as oil-rich U.S. is somewhat shielded
North America produces almost all the oil it needs to supply itself, but Europe mostly passed on investments in oil and gas development. Now, as petroleum supplies from the Middle East get cut off, the flaw in green policies is becoming apparent.
Image
U.S. Supreme Court denies Michigan pipeline case
The Sixth Circuit Court of Appeals allowed Enbridge Energy's lawsuit against the state policy to continue. Whitmer argued Michigan has a right to decide how its public lands can be used and should be allowed to revoke the company's pipeline access.
Image
Trump changes strategy on Cuba energy embargo, to allow Russian tanker to dock
Three months after establishing a crippling energy blockade, Trump said he has "no problem" with countries sending Cuba oil