Energy
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OPEC+ to increase oil output as Strait of Hormuz remains effectively closed
The increased production is about 2% of the reduced global supply stemming from the conflict in Iran.
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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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As environmentalists push for more dam breaching, impacts from largest U.S. dam removal linger
The first fish in are usually the Chinook salmon, he said, and their numbers are low for this time of year compared to the historic numbers. Coho salmon are usually the second wave. “They should be present, but we’ve not seen any,” Ray Haupt, Siskiyou County supervisor, said.
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Investigation of Michigan nuclear power plant reveals extensive safety issues
But the multiple new safety issues recently discovered by the NRC and analyzed by nuclear experts may delay or even permanently halt the plan to restart the Palisades Nuclear Power Plant.
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After leading nation in EV mandates, California is now proposing an electric motorcycle mandate
If the rules are adopted, manufacturers would be forced to produce enough electric bikes to receive enough credits, and a company could buy more credits from other manufacturers if it wants to sell more gas-powered motorcycles.
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Electric vehicle mineral supply chain marred by ethical sourcing, human rights, child labor issues
The Amnesty International report found that while some automakers did better than others — Tesla and other American automakers scored the highest — none of them met Amnesty International’s standards regarding human rights.
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Despite claims electrifying the home saves money, natural gas is cheaper, DOE data shows
Energy Department data shows electricity costs 3.5 times more than natural gas – and that’s been the case since at least 2011.
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California may lose two more refineries, would have to rely on gas from abroad
Valero announced its profit is down significantly due to very low margins from its refinery business, prompting a question during its earning call about its costly California refineries.
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Blade failure at Vineyard Wind project costs manufacturer $700 million, more blade problems found
The company said it’s removing “some blades” from Vineyard Wind following an analysis of 8,300 ultrasound images per blade, as well as physical inspections with “crawler” drones.
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China strategically manipulating strategic mineral markets and disadvantaging the West, expert says
Mineral economist David Hammond said China is more interested in controlling value-added manufacturing of EVs and batteries than it is being suppliers of minerals. Flooding the market to drive down prices helps with that strategy.
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House GOP asks Granholm for 'transparency' on LNG export study purportedly undisclosed to Congress
The letter claims that “recently surfaced information” suggests that a 2023 draft of a study on the impacts of LNG exports was sent to senior Biden-Harris administration officials.
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Feds reject Maine's offshore wind funding request
The federal agency awarded grants to 44 other projects that beat out Maine, including $472.3 million to neighboring Massachusetts to replace a drawbridge that serves the state's commuter rail system.