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Biden’s LNG-Export Study Presents ‘Speed Bump’ for Trump

Study finds more US exports threatens higher global emissions Trump has vowed to end a moratorium on new LNG permits The Biden administration released a key study Tuesday that is likely to complicate President-elect Donald Trump’s plans to quickly approve more exports of liquefied natural gas. The study, which analyzed the economic, environmental and other costs of …

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North Dakota Oil Facilities Slow to Come Back Online After October Wildfires

(Reuters) – Oil operators in North Dakota, the third-largest producing state in the U.S., are still bringing some facilities back online after wildfires swept through key oil-producing counties in October, the state’s Industrial Commission said on Wednesday. The outages are limited to isolated production facilities such as well pads, which experienced either local equipment damage …

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Oil Traders Toasting Trump Are Split on What He Means for the Market, Canada and Mexico

The US president-elect’s support for tariffs raises concerns about a trade war eroding demand, while others welcome an injection of volatility. The oil traders swarming Miami’s South Beach for three days of holiday drinking, dining and schmoozing were mostly male, mostly White and mostly united in the belief that Donald Trump will champion the industry …

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U.S. Funding Bill Includes Plan to Allow Year-Round E15 Gasoline sales

NEW YORK, Dec 17 (Reuters) – A U.S. government funding bill released on Tuesday included a plan that would allow year-round sales of gasoline with a higher ethanol blend, a major win for the corn and ethanol lobbies. The inclusion would mark a hard-fought victory for the ethanol industry, which has wanted year-round E15 sales …

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2025 May Be Painful for Renewable Energy But Some Opportunities Exist

(Reuters Breakingviews) – On the face of it, 2025 is shaping up to be a stinker for renewable energy. The planet seems ever further from restricting global warming to a manageable 1.5 degrees Celsius level, and the election of Donald Trump as U.S. president means that the world’s biggest economy will visibly retreat from the …

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Trump is Ready ‘Within Seconds’ to Issue Orders to Spur on Drilling

Trump followed a similar path during his first term in office with day-one directives meant to advance construction of oil pipelines and aid in deregulation Bloomberg News Donald Trump telegraphed similar ambitions on the campaign trail, vowing to “unleash domestic energy production like never before”. Photo by Alex Brandon/AP Photo files United States president-elect Donald Trump is poised …

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Biden Administration Releases LNG Export Study, Urging Caution on New Permits

(Reuters) – The administration of U.S. President Joe Biden released a long-awaited study on the economic and environmental impacts of liquefied natural gas exports on Tuesday, saying the results underscored the need for a cautious approach to new permits. Biden in January had paused the Department of Energy’s approvals of U.S. LNG exports to big …

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Half US at High Risk of Power Shortfall in Next Decade, Regulator Says

(Reuters) – About half of the United States is at increased risk of power supply shortfalls in the next decade that could lead to outages and electricity conservation measures, the North American Electric Reliability Corporation said on Tuesday. As U.S. power consumption rises from AI data centers and the electrification of buildings and transportation, efforts …

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Biden’s LNG Study to Stop Short of Halting New Exports

A highly anticipated study of liquefied natural gas exports by the Biden administration is expected to stop short of saying the approval of more shipments isn’t in the public interest, according to people familiar with the matter. The study, under way since January, is set to be released as soon as Tuesday, according to the people, …

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