Energy
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U.S. oil and gas industry warns tariffs, $50 a barrel target create uncertainty
The Fed’s first-quarter energy survey measured the condition of energy firms located in its district. Its company outlook index decreased 12 points, “suggesting slight pessimism among firms;” its outlook uncertainty index increased by 21 points.
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Push for local control of green energy projects moves forward
The bills would restore local control of projects rather than giving the Michigan Public Service Commission the power to make the decisions.
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Instead of 'drill, baby, drill,' U.S. rig counts falling, layoffs increasing
The rig count has dropped under the Trump administration, with the biggest losses reported in Texas, the oil and natural gas capital of the U.S. As of March 28, there were 290 rigs in Texas, down from 376 in March 2024, according to newly released Baker Hughes data.
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Voters worry most about economy, and next admin’s energy policy will make the difference: experts
Some analysts have argued that a big reason why the U.S. didn't enter a recession under the Biden administration is the enormous amounts of oil and gas the U.S. has been producing.
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Trump, Vance take aim at renewable energy, but many communities already had industry on the ropes
Former President Donald Trump and his running mate, Ohio Sen. JD Vance, criticized the wind energy on "The Joe Rogan Experience," but communities across the U.S. have been rejecting projects for the past decade.
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Louisiana auditor flags gaps in oversight for orphaned oil wells
Oilfield restoration association's operations, run entirely by Arkus Management Services, lack clear state-mandated financial monitoring or contingency plans for potential shortfalls.
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Newsom orders review of why CA electricity is expensive with renewable mandate
Newsom’s roadmap to transition the state to 100% clean energy by 2045, and 90% by 2035 offers some clues.
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California’s carbon credit update could raise fuel costs by $162B through 2046
CARB also estimates that refineries would pay over $1 billion per year in additional LCFS costs under the new proposal, which could force the state’s remaining facilities to shut down.
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Report: Gas bills could double within 15 years if Illinois regulators don't intervene
Peoples customers would continue to incur charges associated with the pipe-replacement program for another 75 years after the utility currently estimates it will finish revamping its system of gas mains, according to the report.
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Ford pauses production on its electric F-150 pickup, amid waning EV sales in US
“We continue to adjust production for an optimal mix of sales growth and profitability,” a spokesperson said.
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EV automakers, others rally to support rules critics say will increase California gasoline price
The agency has said that the standards currently add 8 to 10 cents to each gallon of gasoline sold in California, which has the highest gasoline costs in the nation, but estimates how much more the amendments will add vary.
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Residents of small Missouri town forced to evacuate after EV battery recycling facility catches fire
Emergency responders told residents living within an area of the toxic plume that they need to "Evacuate IMMEDIATELY!"
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State energy department unable to cover cost of orphaned oil and gas wells
Two new audits assess the efforts of the Office of Conservation and the Louisiana Oil Field Restoration Association to secure funds and address environmental risks associated with these wells.