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President Trump announced a diesel fuel deal with Russia ahead of midterm elections, but analysts question its feasibility and significance given current US consumption levels and pricing pressures.
Global diesel shortage expected to persist into 2027, driving record profits for Western refineries while straining economies worldwide with higher fuel and transport costs.
Unseasonable heat during fall maintenance season pushed PJM power prices above $1,000 per megawatt-hour Tuesday, with the grid operating near capacity constraints across the Midwest and Mid-Atlantic region.
Major technology companies are contesting financial responsibility for power grid upgrades needed to support their data centers, seven months after pledging to cover infrastructure costs.
The Trump administration’s Department of Interior has asked a federal court to reconsider a permit for Revolution Wind, an offshore wind project that has completed construction and begun supplying electricity to New England residents.
Britain’s government delays approval decisions on two major North Sea oil and gas projects, Jackdaw and Rosebank, while weighing economic benefits against environmental commitments.
