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Trump's DOE restarts energy rebate program with dumb conditions
Federal energy efficiency rebate programs will no longer cover a switch from fossil fuels to electricity for heating, according to long-awaited guidance from the Department of Energy. The department published an update on how it will implement consumer programs with $8.8 billion in funding. The new provisions include eliminating use of diversity, equity and inclusion considerations, among other changes.
Either ignore climate change lunacy or high energy prices will make you wish you had
Congressional Republicans spent four years opposing the Biden administration’s energy policies, asserting that they raised prices from the gas pump to our utility bills. Now it’s the Democrats’ turn to hit President Donald Trump on energy affordability, and they can point to the boost in the price of gasoline since the start of the Iran war as well as still-rising electric rates. But Trump is doing the one thing absolutely essential to affordability over the long-term, and that is...
Trump administration in ‘active dialogue’ on strategic petroleum reserve in California
SANTA BARBARA, California — The Trump administration is in “active dialogue” on creating a petroleum reserve in California, Energy Secretary Chris Wright told POLITICO on Friday, a move that would boost oil infrastructure in the state and undermine Democratic Gov. Gavin Newsom’s bid to shrink the state’s fossil fuel footprint. A June 2 document that lawyers for Sable Offshore Corp., which owns a trio of oil platforms off the California coast, sent to the Energy Department and seen by...
Hormuz closure sparks global pitchfest on energy
Multiple countries are pitching the Trump administration on how they can offer alternatives to the energy crisis the Iran war has sparked over the Strait of Hormuz. They’re hoping to get political backing and financial support in Washington. And they appear to be knocking on an open door.
Trump admin’s cancellation of wind energy projects causes business turmoil
Trump admin’s cancellation of wind energy projects causes business turmoil Seven northeastern states have sued US gov’t for paying TotalEnergies to withdraw from offshore wind projects. French energy giant TotalEnergies is embroiled in a lawsuit between seven US states and the federal government as the administration of President Donald Trump upends domestic energy policy, shutting down some wind energy projects while pushing fossil fuels. It has also raised questions about the...
Fact-checking Trump’s interview with NBC News’ ‘Meet the Press’
President Donald Trump sat for an interview with “Meet the Press” moderator Kristen Welker on Friday, discussing topics including the war with Iran, gas prices and the “anti-weaponization” fund. Throughout the interview, which aired Sunday, Trump made a series of false, misleading or exaggerated comments. NBC News reporters dug into some of the president’s remarks.
The Lag Between an Iran Deal and Lower Oil Prices
This is an edition of The Atlantic Daily, a newsletter that guides you through the biggest stories of the day, helps you discover new ideas, and recommends the best in culture. Sign up for it here.For months, Donald Trump has been desperate for Iran to loosen its grip on the Strait of Hormuz. Now he says it’s happening; a deal to reopen the waterway “has been largely negotiated,” per a Truth Social post on Saturday.
The back-channel bid to go soft on Maduro
When Marco Rubio was named secretary of State, many in both South Florida Republican circles and the American energy industry exulted. But one man who bridged both worlds knew he had a problem. A longtime investor in Venezuela, the main source of crude oil needed to produce the asphalt that had made his family rich, Harry Sargeant III kept relations with top officials in Caracas even as they seized most foreign oil holdings.
Seven states sue Trump administration over offshore wind project deal
Seven states sue Trump administration over offshore wind project deal The states contend the deal will harm their states’ economies, energy grids and climate goals - Bookmark New York’s Attorney General has sued the Trump administration over a controversial deal to terminate an offshore wind project. The agreement, revealed in March, grants French company TotalEnergies $1 billion – essentially a refund for its offshore wind leases off New York and North Carolina – on the condition it invests...
Top Republican pushes for reconciliation 3.0 to address affordability
As Congress scrambles to assemble a third reconciliation package, the Chairman of the Republican Study Committee (RSC) struck an optimistic tone in an interview on the Ruthless Podcast. "On affordability, on fraud, and on defense, I think that we're going to run a two-minute drill," Rep. August Pfluger, R-Texas, said in an exclusive interview released Tuesday morning. "In fact, we’re in the middle of planning for it right now.