Energy
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Oil prices go over $80 per barrel as Trump threatens to take over Strait of Hormuz
Between July 6 and July 14, the West Texas Intermediate price of oil went up approximately 13%, and Tuesday's price brings the market back to where it was last month prior to any ceasefire agreements.
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New York Gov. Hochul signs statewide moratorium on data centers, the first in the U.S.
While the moratorium is in effect, the state will create a regulatory framework for assessing how the facilities impact the environment.
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New legislation seeks to shield energy sector from climate lawsuits
The "Stop Climate Shakedowns Act" aims to preemptively block state-led environmental lawsuits, affirming federal authority against local climate accountability efforts
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Venezuela reforms its socialist oil policies, and production soars with Trump’s help
Venezuela’s acting president, Delcy Rodriguez, this week signed regulations reforming the country’s main oil law, and American oil companies are looking to invest.
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Shuttered Arizona coal plant to reopen as natural gas facility
The Cholla Power Plant, in Arizona's Navajo County, closed last year after 63 years of operation.
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Renewable advocates pin hopes on batteries to fix intermittency, but costs are prohibitive: report
“This study demonstrates that a wind-solar-battery policy to meet electricity demand is physically implausible, cost-prohibitive, and unjustifiable on the basis of goals to reduce CO2 emissions,” the researchers conclude.
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Trump administration picks expert who disputes climate crisis narrative to head key climate program
Feeling that a career in academia would be too restrictive on his intellectual freedom, Dr. Matt Wielicki left the university and has since called himself a "professor in exile."
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Ford's EV sales drop 40% in the second quarter
The company's new vehicle sales, which includes its gas-powered lines, dropped 10.3% in the quarter.
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Justice Department, FTC ask state AGs to investigate Trump's allegations of gasoline price gouging
In their letter, the FTC and DOJ direct state attorneys general to investigate, under their state laws, Trump's allegations that since gasoline prices haven't immediately dropped as oil prices have, then Big Oil is engaging in illegal price gouging.
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Tesla deliveries beat expectations in second quarter after consecutive annual declines
The company said that its entry-level Model 3 sedan and Model Y SUV accounted for 97% of its deliveries.
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Blue states have higher electricity costs, and net zero policies are to blame, analysis shows
Always On Energy Research and the Institute for Energy Research performed an analysis last year showing that blue states have higher rates than red states.
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Gas prices ease up on Fourth of July travelers, with most Americans paying under $4 per gallon
In the lower 48 states, drivers in Indiana will be paying the least on Thursday, at $3.13 per gallon, and drivers in California will be paying the most, at $5.40 per gallon.
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World Bank revamps green energy funding, but clean energy stays
Change comes after Trump administration officials criticized the Bank's fixed percentage mandates, claiming they distorted growth in the global economy.