Energy
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NJ Gov. Sherrill warns port operators not to take Russian diesel or face severe penalties
In her letter, Sherrill warned port operators that they would be in violation of federal law if they allowed vessels from Russia carrying diesel to dock or unload in New Jersey.
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Oil prices slide after Rubio says that Trump would prefer to resolve Iran war 'peacefully'
Speaking to the press this weekend, Secretary of State Marco Rubio said that Trump hasn't made a decision while negotiations with Iran are continuing, but a military response is something America is prepared to do.
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QatarEnergy signs second deal in a week to buy U.S. LNG
Qatar’s export plant on the Persian Gulf remains offline following Iranian missile strikes.
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Hanford cleanup faces treatment bottleneck, new approach could save $12 billion
Department of Energy says the Hanford Tank-Side Cesium Removal System has resumed operations after stopping Feb. 25.
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Climate advocates sue to block repeal of ‘Clean Power Plan 2’, but experts say was bound to fail
The rule would have shut down coal and natural gas-fired power plants. Critics say it would have driven up electricity costs, spawned frequent blackouts -- all while having little impact on global temperatures.
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Costco raises prices of Kirkland motor oil and limits how much customers can buy
Costco’s Kirkland Signature full-synthetic motor oil 5-quart two pack now costs approximately $58, up from $30 last year.
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Chinese energy company signs 20-year deal to buy American natural gas
The deal comes despite China maintaining tariffs on U.S. energy products, including a 15% levy on LNG. The LNG tariff remains in place even after China suspended a 24% additional tariff on U.S. goods for one year.
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EPA to repeal rules limiting greenhouse gas emissions for coal, natural gas power plants
The EPA estimates that the repeal of the rule would eliminate roughly $300 billion in energy costs.
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White House discussed using Defense Production Act to expand U.S. refining capacity: report
The proposal came up during a recent meeting between President Donald Trump and a dozen U.S. refiners, where they discussed the ways in which the federal government could support increased refining capacity.
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Nuclear energy continues comeback as Energy Department directs loan to restart third shuttered plant
With no reactors under construction, the restarts offer the most immediate options to grow nuclear power in the U.S. Opposition to the restarts, and nuclear power in general continues, but it’s lost the clout it once had to block and delay projects.
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US crude oil prices pass $100 per barrel as Trump says war in Iran will end after midterms
The last time WTI prices broke the $100 per barrel mark was in May, after which they fell following the announcement of an interim peace agreement with Iran. That agreement has since expired, and global markets are responding as hostilities continue.
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Oil prices break $100 per barrel mark following attacks on oil facilities and ships in Middle East
The average price for a gallon of gas in the U.S. was $4.22 on Wednesday. California drivers were paying the highest, and Indiana drivers were paying the lowest.
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Nuclear agreement with Iran may not be possible, Energy Secretary Wright says
Wright said that the effort to block the Middle Eastern country from obtaining nuclear weapons has been going on for 47 years, and the U.S. will "get the job done." Exactly how remains an uncertainty.