Donald Trump won a decisive victory last week and will reoccupy the Oval Office in January. Polls suggest that dissatisfaction with the economy was one of the main reasons for his comeback and experts attribute the better economy during his first term to his tax cuts and deregulation (more than his immigration and trade policies). While Trump made fewer campaign promises...
President-elect Trump has made it clear that reducing the national debt will be a top priority for his administration. Adding to this focus, Elon Musk has thrown his weight behind the proposed Department of Government Efficiency, or DOGE, a bold initiative aimed at scrutinizing government spending and revenues. The offshore sector, encompassing oil, gas, wind, and...
The Federal Energy Regulatory Commission (FERC) recently rejected a request to increase power generation for a data center located next to a nuclear power plant in Pennsylvania. The U.S. will need to rapidly scale up power generation to meet future demand from AI and large data centers. This decision shows how challenging this task will be. In...
Minutes after pundits and political strategists received exit poll data, they began unpacking why voters of all ages, genders, and ethnicities voted for Donald Trump to be the 47th president.
Some of the biggest Chinese-owned solar factories in Vietnam are cutting production and laying off workers, spurred on by the expansion of U.S. trade tariffs targeting it and three other Southeast Asian countries. Meanwhile, in nearby Indonesia and Laos, a slew of new Chinese-owned solar plants are popping up, out of the reach of Washington’s...
Natural gas prices could soar 11% this winter compared to last year, while electricity prices could fall about 2%, the state Public Service Commission estimated. Customers using 700 therms of natural gas will likely pay $202 monthly during the November-March heating season, for an 11% dump over the same period in 2023-24, according to a...
The International Energy Agency has good news: Oil and natural gas prices will probably be lower over the next five years.
Ethan Howland of UtilityDive reports on a proposed transmission project across PJM, the nation’s largest Regional Transmission Organization. American Electric Power, Dominion Energy Virginia and FirstEnergy are proposing several multi-state transmission projects in the PJM Interconnection they designed through an ‘innovative joint planning agreement,’ the companies said Monday. ‘By leveraging the expertise and resources of...
David Winning and Julie Steinberg of The Wall Street Journal report that Rio Tinto is expanding its interest in lithium. SYDNEY—Rio Tinto has agreed to a $6.7 billion takeover of Arcadium Lithium, propelling it into the ranks of the top producers of a key commodity used in batteries for electric vehicles. The Anglo-Australian mining giant on...
Paul Tice writes in The Hill about the folly of Europe’s climate strategy. Since the 2015 signing of the Paris climate agreement, the European Union has become the government standard-bearer for the climate change movement, plunging headlong into the legal and regulatory work required to achieve the United Nations’s global emissions targets. Europe aspires to...
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