Texas grid operator warns of potential for rolling blackouts amid scorching heat

Texas grid operator warns of potential for rolling blackouts amid scorching heat

Power lines are seen during a heat wave with expected temperatures of 102 F (39 C) in Dallas, Texas, U.S. June 12, 2022. REUTERS/Shelby Tauber/File Photo Register now for FREE unlimited access to Reuters.com Register HOUSTON, July 10 (Reuters) – The operator of Texas’s power grid on Sunday called on state residents for the second … Read more

Biden administration leans on Tesla for guidance in renewable fuel policy reform

Biden administration leans on Tesla for guidance in renewable fuel policy reform

June 23 (Reuters) – U.S. President Joe Biden rarely mentions electric car maker Tesla Inc (TSLA.O) in public. But privately his administration has leaned on the company to help craft a new policy to allow electric vehicles (EVs) to benefit from the nation’s lucrative renewable fuel subsidies, according to emails reviewed by Reuters. The Biden … Read more

Biden blasts oil refiners for record high gasoline prices, profits

Biden blasts oil refiners for record high gasoline prices, profits

Gas prices over the $6.00 mark are advertised at a 76 Station in Santa Monica, California, U.S., May 26, 2022. REUTERS/Lucy Nicholson Register now for FREE unlimited access to Reuters.com Register WASHINGTON, June 15 (Reuters) – U.S. President Joe Biden on Wednesday demanded oil refining companies explain why they are not putting more gasoline on … Read more

Freeport LNG plant to shut for 3 weeks, roiling global energy markets

Freeport LNG plant to shut for 3 weeks, roiling global energy markets

HOUSTON, June 8 (Reuters) – Freeport LNG, operator of one of the largest U.S. export plants producing liquefied natural gas (LNG), will shut for at least three weeks following an explosion at its Texas Gulf Coast facility. The fire roiled U.S. natural gas markets on Wednesday and the impact is likely to spread through Europe … Read more

Exclusive: Biden to waive tariffs for 24 months on solar panels hit by probe

Exclusive: Biden to waive tariffs for 24 months on solar panels hit by probe

U.S. President Joe Biden walks across the South Lawn after disembarking from Marine One as he returns from Rehoboth Beach, Delaware, with the first lady at the White House in Washington, U.S., June 5, 2022. REUTERS/Elizabeth Frantz Register now for FREE unlimited access to Reuters.com Register WASHINGTON, June 5 (Reuters) – President Joe Biden will … Read more

U.S. Senate committee passes antitrust bill pressuring OPEC

U.S. Senate committee passes antitrust bill pressuring OPEC

WASHINGTON, May 5 (Reuters) – A U.S. Senate committee passed a bill on Thursday that could expose the Organization of the Petroleum Exporting Countries and partners to lawsuits for collusion on boosting crude oil prices. The No Oil Producing or Exporting Cartels (NOPEC) bill sponsored by senators, including Republican Chuck Grassley and Democrat Amy Klobuchar, … Read more