Energy
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$2M federal grant funds power grid upgrade study
The funding comes as power grid planners warn that power plants are retiring faster than new generation is coming online, fueling concerns about whether the grid can keep pace with growing demand – particularly from AI-driven data centers.
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Offshore wind project begins generating power
One turbine is currently generating about 14.7 megawatts of electricity when the wind is blowing.
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California sues Trump administration to block order restarting offshore oil operation
Energy Secretary Chris Wright directed Sable Offshore Corp., a Houston-based oil and gas company, to restore activity at the Santa Ynez Unit and the Santa Ynez Pipeline System located off the coast of Santa Barbara earlier this month.
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As gas prices increase this week, California lawmakers push for gas tax suspension
Senate Bill 1035, authored by state Sen. Tony Strickland, R-Huntington Beach, is the latest bill to be introduced this year that aims to save the state’s drivers money at the pump by suspending the California gas tax for one year.
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Proposed refinery in Texas is not company’s first, but it would reap huge benefits
This is not the first time American First Refinery set out to build the “first refinery in 50 years.” The company is a rebranding of Elemental Fuel Holdings, which attempted to build a refinery in 2024 that would be powered by hydrogen.
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Electricity consumer protection a work in progress for lawmakers
Sparking debate in Harrisburg are proposals that would place more guardrails around the competitive market, and one that would allow a return to utility-owned generation.
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Elon Musk says solar can power US but his data centers are turning to natural gas for power
Elon Musk vows that solar will dominate future energy generation, but his xAI data centers in Mississippi will be powered by 41 natural-gas turbines.
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International Energy Agency announces release of crude oil from global strategic reserves
The act will be the largest release of crude from global strategic reserves in history.
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Inflation remains at 2.4%, Iran war could complicate gas prices
The price of shelter rose by 0.2% in February alongside a 0.4% increase in the price of food. The index for energy also increased by 0.6%.
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Trump announces first US oil refinery in 50 years to open in Texas
"THIS IS A HISTORIC $300 BILLION DOLLAR DEAL," President Trump said
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ExxonMobil redomiciling legal headquarters from NJ to Texas
The board said it “considered Texas’ legal and regulatory environment, including its modernized business statutes and the Texas Business Court, which is designed to resolve complex disputes efficiently.
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U.S. energy agency ups forecast of American oil and gas output
The agency forecasts U.S. oil production will rise about 3.8% through the end of 2027 while domestic natural gas output will increase about 4.3%, with the prices of both projected to return to near pre-war levels.
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Oil prices surge to highest levels since 2008 amid Iran conflict
The selection of a new hardline leader in Iran and worries about more regional destabilzation sent oil prices to their highest level since the 2008 financial crisis