Energy
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Trump touts low Christmas season gasoline prices, and analysts say they should hold into 2026
December gasoline prices have not been this low since 2020. Analysts say many factors are contributing to the low prices, including a better regulatory environment for oil and gas, industry operation efficiencies, and high supply with expectations of low demand on the global market.
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Emails show lead lawyer in major climate lawsuit consulted on research he funded
The lead attorney representing the plaintiffs in a lawsuit claiming oil companies caused $51 billion in damages from climate change was accused in a motion by Chevron of colluding with the researchers of studies submitted in support of his client's case. Emails obtained through a public records request show researchers have consulted that attorney on previous research he funded.
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Study shows coal’s importance to electric affordability
Affordable electricity has become top of mind for consumers, policymakers, voters and elected officials as electricity prices for the residential, commercial, industrial and transportation sectors averaged 6.7% higher in September compared to September 2024.
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Texas school fund divests $8.5 billion from BlackRock over the company’s anti-fossil fuel position
Texas passed a law in 2021 that prohibits state investment in companies that boycott energy companies. The board’s decision will pull approximately $8.5 billion in Texas’ assets from BlackRock.
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Possible bankruptcy for EV maker Fisker as industry hit with declining consumer interest
Fisker reported in February it had $273 million in sales in 2023, with more than $1 billion in debt, and the company announced it was laying off 15% of its workforce.
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Fifth Circuit sides with Texas in dispute over nuclear waste storage
Texas’ law received widespread praise from environmental groups and the oil and natural gas industry. It bans high-level radioactive waste from being disposed of in Texas, excluding former nuclear power reactors and former nuclear research and test reactors on university campuses predating the law.
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As Biden's green energy agenda takes big hits, House Republicans announce legislation blitz
Rep. Steve Scalise said that House Republicans are bringing several bills to the House floor that will lower energy costs and push back on the Biden administration’s pause on LNG exports, among other things.
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Europe faces EV challenges similar to those in US, production problems allow China to fill the void
China is already the world’s largest, and perhaps most influential, producer of automobiles
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Federal solar subsidies race on in Pennsylvania
Solar has grown from less than 200 megawatts of installed capacity in 2012 to about 600 megawatts in Pennsylvania in 2020, but that still comprises less than 1% of net electricity generation.
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U.S. crude oil exports hit new records in 2023
The Netherlands was the largest importer of U.S. crude in 2023, followed by China, South Korea, and Canada.
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Survey of energy investment competitiveness places Wyoming at top, California at bottom
For California, the only items that weren’t barriers to investment, according to the survey, are the state’s legal system, its labor availability and security, which few respondents in other states and provinces rated as a problem.
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Building trades say carbon tax plan ‘sets the Thanksgiving table’
Active in 11 states, the pact – called the Regional Greenhouse Gas Initiative, or RGGI – tightens the cap on allowable emissions every year until reaching zero in 2040.
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WA's latest carbon auction results could signal bidder feelings on I-2117
Those prices were blamed by many for adding anywhere from 20 cents to 50 cents to the cost of a gallon of gas in Washington.