Energy
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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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Senators take another bipartisan shot at getting elusive energy permitting reform signed into law
Proponents say permitting reform is vital to bringing down costs of gasoline, electricity and housing, most everyone finds desirable. However, legislation aimed at streamlining permitting always paves the way for projects to be built that one group or another doesn’t want to move forward.
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AGs from 20 states say environmental groups’ lawsuits threaten U.S. pipeline construction
If environmental groups get NWP 12 thrown out, thousands of pipeline water crossings a year may need individual permits. That would slow new pipelines and repairs to existing ones, and the costs could end up in higher energy bills, just as heating prices are forecast to jump this winter.
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Trump effectuates nuclear renaissance in move to reopen plants in Iowa, Michigan, Pennsylvania
Increasing energy output, in all its forms, has been a central theme of Donald Trump’s presidency. His second term might bring about the biggest leaps in production and efficiency yet.
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Trump touts methane deregulation plan to help small operators 'crushed' by Biden
The president's announcement comes just a week before the midterm elections, where high fuel and gas prices are still at the top of voter concerns.
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Democrats consider reviving EV tax incentives should they regain power in midterms
The $7,500 electric vehicle consumer tax credit for new EVs, which Republicans repealed, likely drove record-high sales of EVs. Many Democrats still think Americans should be driving one, and they may try to bring the credit back.
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Trump admin pushes pipeline to bring down New England high energy costs, but NY may stand in way
Residents of New England pay some of the highest energy costs in the nation, and the Trump administration says the Constitution Pipeline — a project New York successfully blocked once before — is the answer. New York, however, appears to remain stubbornly committed to stopping it.
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U.S. taps heating oil reserve to ease Northeast costs
Energy Secretary Chris Wright said about one-third of the approximately 1-million-barrel emergency heating oil reserve will be loaned — with repayments due within a year.
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Natural gas pipeline company to donate $105 million for Yellowstone improvements
The fund will support conservation and research to extend the reach and impact of the park's scientific work, support infrastructure development to enhance park access, and expand opportunities to experience Yellowstone.
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Russia to send first diesel shipment to U.S. on Thursday under Trump-brokered deal with Putin
The 40,000 tons is the first of millions under an agreement announced last week, which lifts sanctions against Russia.
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Rubio talks with refiners in India about buying Venezuelan oil, diversifying global energy trade
A Venezuelan-India connection would diversify energy imports away from Russia and provide routes around the Strait of Hormuz, which is vulnerable to disruptions from Iran.
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Trump cheers as UK resumes North Sea drilling, urges London to go 'full blast'
Whitehall approved the project, which targets the Jackdaw gas field in the central North Sea, earlier this week and has indicated that it could supply energy to residences within a single week.
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Trump deals with Russia in hopes of bringing down diesel prices, but experts question the plan
Trump is hoping that increasing Russian exports of diesel will address fuel prices, but experts say the globe needs a lot more than Russia can supply. Until conflicts in Ukraine and Iran are resolved, the market will be under supplied, they say.