Energy
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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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Texas Gov. Abbott requires data centers to provide more information before connecting to the grid
Any project that fails to comply with the requirements of the Texas public service commission or ERCOT must be denied connection to the grid, Abbott's directive stated.
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Texas lawmakers under fire for advancing transmission line plan using eminent domain
At issue is a proposal to build multiple 765kV ultra-high voltage transmission lines stretching from deep east Texas to far west Texas.
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Stockpiles shielded globe from energy shock, but as Iran war continues, reserves are running dry
The world's oil reserves proved robust enough to cushion global energy markets from price shocks stemming from the war in Iran. The specter of a prolonged conflict is rising, and those reserves are severely depleted. If the war drags on months, the avoided price shock may be on the horizon.
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Big tech, state lawmakers fight back against unexpected disinformation war on data centers
Facing NIMBY: Industry experts and lawmakers are pushing back against "disinformation" about data centers, arguing that they are vital for American jobs and technological leadership.
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Senate GOP plans to add year-round ethanol legislation to farm bill: report
The E15 language is less ambitious than the version of the bill the House passed in May, which narrowed exemptions for certain small refiners.
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US has enough coal for 600 years, new federal data shows
Of 34 miles on federal land, 14 are in Wyoming, and the Cowboy State holds 87% of the reported coal reserves associated with active mines on federal land.
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An ‘October surprise’ from China could spike oil prices ahead of midterm election for Trump
Supply and demand: Beijing has decreased importing oil since the Iran war began, keeping oil prices lower than they otherwise would have been. Analysts say China's restraint could soon end, presenting President Trump with challenging increases in gas prices ahead of the midterms.
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Feds’ climate ‘attribution science’ report rebuked for influence from litigators, activists
Critics say a new report from the taxpayer-funded National Academies of Science, which claims to produce objective research, explicitly seeks to aid climate lawsuits.
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U.S. oil prices pass $92 per barrel as Iran-backed Houthi militants attack tankers in Red Sea
While West Texas Intermediate prices were in the low $90s per barrel, the global benchmark, Brent, passed $100 per barrel on Thursday.
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Saudis reach agreement with U.S. that may allow Islamic kingdom to enrich uranium: report
The deal is intended to further positive relations between the U.S. and Saudi Arabia as the latter's relationship with Iran deteriorates in the wake of the war.