One energy analyst says "the reality is that the marketplace is attacking coal."
Demand for oil has come back a bit, but it's still lower than it was before the pandemic.
The S&P 500 gained 8.5%, the Dow is up 7.5% and the Nasdaq is up 11% for the quarter.
The threat of coal plant closures is making Kemmerer, Wyoming, think closely about diversification.
The Obama-era regulation known as the Clean Power Plan is expected to be the next target for the White House to cut back regulations. It’s something of a zombie, since the Supreme Court halted its rollout, yet the EPA is required to take measures to regulate carbon pollution (due to an agency finding that greenhouse […]
The Trump administration is asking for new regulations in the name of grid reliability. Specifically, it wants to support coal and nuclear power to make sure the U.S. always has a supply on-hand for possible times of need. But skeptics wonder if this is all a back-door bailout for power plants that simply can’t compete […]
U.S. Energy Secretary Rick Perry meets today with Mexico’s president and its energy secretary in Mexico City. Perry said this week the U.S. has an opportunity to develop a “North American energy strategy.” His positive tone extends to the North American Free Trade Agreement, too. President Trump has talked of dismantling NAFTA, but Perry says […]
Here’s an official statement from the President of the United States — via Twitter, that is: “Gas prices are the lowest in the U.S. in over ten years! I would like to see them go even lower.” In the past decade, by the way, gas prices have been lower than they are now. But they […]
In yet another branded White House initiative, it’s Energy Week. President Trump will be focused on American “energy dominance,” and touting the boom in U.S. fossil fuels and plans to support and increase energy exports. A ban on exporting U.S. oil and gas was lifted under the Obama administration. Energy companies may appreciate less oversight and more […]