Energy & Fuel

"Boston Mayor Michelle Wu signed an ordinance Monday designed to divest the city from fossil fuels."

"Maine’s environmental commissioner suspended a permit Tuesday for a $1 billion electricity transmission line, delivering another blow to the project aimed at bringing Canadian hydropower to New England."

"For the first time, hundreds of natural gas processing plants will have to publicly report emissions of benzene and other hazardous air pollutants."

"Hammered by high gasoline prices, President Biden announced this morning that the Department of Energy will release 50 million barrels of oil from the Strategic Petroleum Reserve in an effort to lower prices."

"The White House on Tuesday said it would make 50 million barrels of oil available from the U.S. Strategic Petroleum Reserves to help cool oil prices."

"The Transportation and Climate Initiative — a cap-and-trade program covering cars in three Northeastern states and the District of Columbia — was abandoned last week after Connecticut Gov. Ned Lamont (D) and Massachusetts Gov. Charlie Baker (R) pulled the plug on the program."

"It's not the Biden administration's energy policies nor Big Oil illegally manipulating prices."

"On Wednesday, amid a fresh surge in gas prices, the Biden administration announced that it had asked the FTC to investigate whether oil and gas companies were doing anything illegal to manipulate prices. Republicans have countered that it’s a cheap political stunt and blamed President Joe Biden’s energy policies.

"A Midwest energy company on Friday canceled controversial plans for a $2.5 billion oil export terminal and pipeline in Plaquemines Parish after facing numerous obstacles to development. Instead, Tallgrass Energy Partners said it will consider other uses for the site."