Energy
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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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Iranian crude oil exports plummet in the face of US blockade of Strait of Hormuz
On July 14, Trump reimposed the blockade in retaliation for Iran attacking oil tankers transiting the strait. Iran's crude exports are down 70% in August from 893,000 bpd last month.
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US close to making a deal for an ownership stake in Venezuelan oil fields: report
If the deal is closed, the fields will add 90 billion barrels of proven oil reserves to the U.S. total inventory.
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US Army plans to build nuclear microreactors at 5 military bases in $2.2 billion program
The Army said it expects to build and operate more than 20 nuclear microreactors across Department of War installations.
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Trump blocks some foreign grid equipment as part of emergency declaration
Trump said foreign supply of electrical equipment “constitutes an unusual and extraordinary threat” to national security.
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Texas AG Paxton unveils data center restrictions he plans to pursue if elected to Senate
Texas Attorney General Ken Paxton's four-point plan calls for a series of restrictions in line with Gov. Greg Abbot's data center plan, and he promises to sponsor and back federal restrictions and consumer protections.
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Thousands of residents in Indiana city still without power nearly 14 days after storm
Gary Mayor Eddie Melton said in a video posted to the city's Facebook page on Sunday that 9,000 people in the city are still without power since the Aug. 11 storm.
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Trump EPA ends summer-gas rules early to lower U.S. pump prices
The temporary emergency waiver allows for the nationwide sale of winter-grade gasoline two weeks early in an effort to increase American fuel supplies.
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Some Indiana residents still without electricity, nine days after storm toppled power lines
Residents of the town are throwing out spoiled food, lining up for hot meals and searching for places to charge their cell phones.
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Another green energy project canceled as costly hydrogen failures continue to mount
Climate activists promised that green hydrogen was key to replacing fossil fuels in difficult-to-electrify sectors, brushing aside critics’ points wholesale. Now, the list of failed hydrogen projects has grown quite long, and reflects billions squandered on yet another futile climate scheme.
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U.S. military assisted transporting 660 million barrels of oil through Strait of Hormuz: CENTCOM
While the shipments help supply global markets and mitigate energy price shocks, they still don't quite match the 20 million barrels of oil per day that flowed prior to the war in Iran.