Energy News

Energy

Paul Revere Films CEO: New documentary shows that 'greater reliance on electricity is a risk because our grid is dated'

A newly released documentary called "Grid Down Power Up" looks into the vulnerabilities that exist within the United States power grid. The issue of potential weaknesses in the grid is a new area of concern, especially for Americans that have lived through recent outages and rolling blackouts. Particularly, these have been an issue in places such as California, North Carolina and Texas.
Energy

Strategic Oil Reserve at 416.39 barrels, lowest since 1984: 'We need to be less dependent on OPEC+ and foreign producers'

With the goal of bringing down gas prices for American consumers,  President Biden announced crude oil releases from Strategic Petroleum Reserve (SPR)  crude oil on March 31.The U.S.

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Energy

Strategic Oil Reserve at 416.39 barrels, lowest since 1984: 'We need to be less dependent on OPEC+ and foreign producers'

With the goal of bringing down gas prices for American consumers,  President Biden announced crude oil releases from Strategic Petroleum Reserve (SPR)  crude oil on March 31.The U.S.

Energy

Texas Public Policy Foundation general counsel on Vineyard Wind Project: 'The federal government ignored multiple legal protections for affected stakeholders'

The federal government ignored legal protections for stakeholders affected by the Vineyard Wind project, said Robert Henneke, General Counsel of Texas Public Policy Foundation, said.

Energy

Arizona Corporation Commission says 'no' again to SRP gas plant expansion

The Arizona Corporation Commission (ACC) has refused to reconsider an application by Salt River Project to expand its natural gas plant in Coolidge, Arizona, upholding a rejection of the expansion first proposed in April.

Energy

Meta to expand Mesa Data Center: 'This will be one of the most water and energy-efficient data centers in the world'

Facebook's parent company, Meta Platforms, has recently announced the expansion of its Mesa Data Center campus, according to a Mesa Independent report.

Energy

Abbott: 'Clean and renewable energy are a valuable part of America's future'

While California has been the country's renewable-energy leader for years, Gov. Greg Abbott said that there are plans for Texas to make a move to the top, but some experts believe this could be economically disastrous.

Energy

Fuel prices remain high as Arizona's 'Gas Misery Index' hits $764 this week

Arizona residents and Americans across the United States continue to feel the pressure at the pump as the average price of gas hovers just over $4 per gallon

Energy

Midcontinent Independent System Operator: 'We face a rapidly transforming energy landscape'

Energy volatility has been the subject of discussion since the winter storm last February turned off power for a large number of Texans and resulted in hundreds of deaths and billions in damages.

Energy

Blackrock: 'By 2030, at least 75% of BlackRock corporate and sovereign assets managed on behalf of clients will be invested in issuers with science-based targets'

Blackrock has announced what their investment portfolio will look like in 2030 relating to ESG policies. The statement made clear that the majority of the investments made by the firm will comprise of companies, and governments, that have clear goals on reducing emissions.

Energy

STEC asks PUC to modify RFP 'in an effort to continue to work toward resolution of the reliability problems in the ERCOT market'

South Texas Electric Cooperative (STEC) has proposed a plan to the Public Utilities Commission (PUC) of Texas "in an effort to continue to work toward resolution of the reliability problems in the Electric Reliability Council of Texas ("ERCOT") market."

Energy

Arizona AG, Republicans bash 'hypocritical approach' by SEC after announcement of proposed climate-reporting rule

The U.S. Securities and Exchange Commission (SEC) has proposed a new climate-reporting rule that has received criticism due to its legality and the cost of its implementation.

Energy

Philadelphia Union 'excited' to partner with Green Mountain Energy, collaborate on sustainable energy projects

The Philadelphia Union, a Major League Soccer team, announced March 14 that it has agreed on a multi-year deal with Green Mountain Energy, which will power Subaru Park Stadium, Union Power Plant, and the Union’s practice facility.

Energy

Arizona AG: 'Biggest antitrust violation in history may be in plain sight'

Earlier this month, Arizona Attorney General Mark Brnovich wrote an op-ed in The Wall Street Journal announcing that he will open an investigation into ESG policies and groups like Climate Action 100+ for attempting to manipulate markets in favor of green energy and climate agendas.

Energy

Florida pulling pension funds from BlackRock as investment firm pushes net zero agenda while urging investment in fossil fuel-dependent China

Two months ago, Texas Lt. Gov. Dan Patrick sent a lengthy letter to Comptroller Glenn Hegar, directing him to include a New York-based investment management corporation on a list of companies boycotting the state's energy producers

Energy

Nebraska pensions funds are invested big with BlackRock, a company pushing for 'net-zero' energy

Nebraska’s pension funds managers probably have their eyes on Texas and West Virginia in light of concerns over BlackRock Inc., the investment firm that handles part of the pension funds in many states.

Energy

NV Pension Funds Are Invested Big in BlackRock As The Latter Pushes for Net Zero Energy: Here is NV's Energy Breakdown

Many states around the country are weighing their involvement with Blackrock as Blackrock draws the attention of legislators for their position on net-zero energy and renewable energy.

Energy

Montana pension funds are invested in BlackRock as the company pushes for net-zero energy: Here is MT's energy breakdown

Montana ranks among the top 10 states for the most state pension funds invested through BlackRock, but now states like Texas have called for a boycott of the company based on its energy views.

Energy

Why WV dumped BlackRock as a pension fund management firm

West Virginia once had approximately $2.1 billion of its state pension funds managed by BlackRock, Inc., but it recently decided to leave that money management firm because the state is at odds with BlackRock’s investment strategy.

Energy

Arizona gas prices climb as crude oil soars over $110 per barrel

Arizona has some of the highest gas prices in the country as crude oil prices touch the ceiling.