The United States is the world’s largest oil and gas producer, but energy abundance means little if that energy cannot reach the people who need it.
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A Measured Response on Critical Minerals: Reflections from a Recent Roundtable
Before instituting sweeping policies that risk creating costs and distortions worse than the supply disruptions and Chinese dependence they aim to solve, Washington needs to weigh the benefits of intervention against its costs.
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US oil producers set to ink production deals with Venezuela
Several independent U.S. oil producers are expected to sign production contracts with Venezuela’s state-run oil company in the coming days, according to three industry representatives familiar with the plans — a step forward for the Trump administration’s efforts to boost production in the beleaguered South American nation. A signing ceremony involving several smaller U.S. producers...
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Oil prices little changed as U.S. threatens ‘economic isolation’ of Iran
Oil prices were little changed Friday after the U.S. said its naval blockade of Iranian ports could continue “indefinitely,” reigniting concerns over energy flows through the critical Strait of Hormuz. Brent futures, the international benchmark, lost 5 cents to $87.02 per barrel, while U.S. West Texas Intermediate (WTI) crude futures were 1 cent lower at...
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Federal Critical Minerals Investments Need a Cost-Benefit Test
The risks posed by this concentration are worth taking seriously. The problem is that these tools may force taxpayers to take on unnecessary risk—leaving them stuck with the bill if the companies fail—without addressing the underlying problem.
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US race to compete with China on lithium runs into water battles
The US attempt to shift away from dependence on China for lithium, critical for batteries in electric vehicles and smartphones, has seen the Trump administration invest in Lithium Americas’ $3 billion Thacker Pass mine in Nevada. The renewed interest in developing the metal domestically has resulted in about 115 proposed mines popping up across the...
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Competitive transmission delivers benefits for the AI economy and customers
In April, incumbent utilities in MISO and SPP seized on grid strain from elevated electricty demand to make a remarkable ask. A coalition calling itself the Grid Acceleration Coalition — ITC, Ameren, American Transmission Company (ATC), Entergy, Evergy, Xcel and others — asked the Federal Energy Regulatory Commission to suspend competitive bidding for transmission projects...
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Federal Grid Reforms Pick the Right Route and the Wrong Builder
The Department of Energy’s recent National Transmission Needs Study identifies several of these cases, where regions’ electricity costs would decline substantially if they were connected by a high-capacity transmission line. Providing these benefits to consumers, however, requires confronting not just the incentives that discourage utilities from building interregional lines, but the state laws that let incumbent monopolies control who builds them.
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High Blue State Gasoline Prices: New Study Details The Causes
It’s no secret that gasoline prices at the pump are higher in California than any other state in the U.S. and have been so for many years. The daily publications of gas prices by state from sources like AAA and GasBuddy clearly show this for anyone who takes time to look. Amazingly, the Golden State’s...
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Pennsylvania Wants Data Centers to Pay Their Own Way. There’s a Better Way to Do It.
Lawmakers in both parties are scrambling to address the issues revealed by data centers. President Donald Trump, his administration officials, and several governors (including Pennsylvania Gov. Josh Shapiro) signed on to a statement of principles that encourage data centers to bring their own power or pay for the power they need.