Category: Energy News Beat

FBI Probes For Fraud In Biden EPA’s $20B Green Fund Giveaway

Energy News Beat The FBI is probing the Biden EPA’s $20B Greenhouse Gas Reduction Fund for fraud, with concerns over political cronyism and misuse of taxpayer dollars. ​ The Federal Bureau of Investigation (FBI) is reportedly probing a massive Biden-era Environmental Protection Agency (EPA) program for possible fraud, EPA officials confirmed to the Daily Caller […]

Wisconsin DOJ, State AG Sued Over Bloomberg-Funded Lawyers In Climate Lawfare

Energy News Beat The Wisc. DOJ and AG Josh Kaul are being sued over concerns that Bloomberg-funded lawyers are having outsized influence in state-driven climate lawfare. ​The Wisconsin Department of Justice and Attorney General Josh Kaul are facing a lawsuit over serious concerns about outside influence in state legal affairs. [emphasis, links added] At the […]

Killing IRA Subsidies Will Slash Debt, Lower Costs, And Restore Reliable Energy

Energy News Beat Terminating IRA subsidies will cut trillions in debt, lower costs, create real jobs, reduce corruption, and restore reliable energy. ​Congress has the opportunity to fulfill Donald Trump’s pledge to “terminate the Green New Scam,” aka Inflation Reduction Act subsidies.  [emphasis, links added] This will: Save us trillions Lower cost of living Create […]

White House Talks Between Trump, Zelensky Collapse

Energy News Beat The anticipated critical minerals deal appears off the table for now after the U.S. president berated the Ukrainian leader. ​ World Brief FP’s flagship daily newsletter, catching you up on 24 hours of news in five minutes. Delivered weekdays. Sign Up By submitting your email, you agree to the Privacy Policy and […]

Week Recap: US LNG Dominance, Critical Minerals, and Global Energy Challenges

Energy News Beat Weekly Daily Standup Top Stories Trump’s Energy Czar Has Plan to ‘Map, Baby, Map’ US Oil Bounty February 23, 2025 Clark Savage Burgum suggests stronger USGS role to analyze the potential Says US public lands hold natural resources worth trillions Interior Secretary Doug Burgum touted a plan for mapping deposits of oil, gas and critical […]

No, Consumer Spending Didn’t Plunge in January and Auto Sales Didn’t Collapse, or Whatever, But the Huge Seasonal Adjustments Might Have Gone Awry

Energy News Beat Year-over-year, consumer spending jumped by 5.6% and retail sales by 4.8% in January. So there’s that. By Wolf Richter for WOLF STREET. The financial media was thrown into a tizzy this morning when the Bureau of Economic Analysis released its Personal Consumption Expenditures report, which said that the seasonally adjusted annual rate of consumer spending […]

PCE Inflation Hits 4.0% Month-to-Month Annualized, Worst since March. 3-Month PCE Hits 2.9%, Worst since April. But Massive “Base Effect” in Services Cools YoY Increases

Energy News Beat December, prior months revised higher. Goods prices jump month-to-month by most since August 2023, turn positive for first time in a year. By Wolf Richter for WOLF STREET. The inflation measure released today – the PCE price index favored by the Fed as yardstick for its inflation target – jumped by 0.33% in January from […]

Atlantic LNG shipping rates climb to $20,000 per day

Energy News Beat Spark’s data lead, Qasim Afghan, told LNG Prime on Friday that Spark30S (Atlantic) freight rates “have more than tripled this week, increasing by $13,500 to $19,750 per day, driven by the front month US arb to NE-Asia narrowing significantly over the past two weeks.” “February 2025 is closing out as the lowest […]

Balancing Energy Affordability and Sustainability

Energy News Beat In this episode of Energy News Beat Live from NAPE – Conversation in Energy, host Stuart Turley sits down with Jeff Krimmel, an energy analyst and consultant, who shares insights into the oil and gas industry, including Oxy’s high production costs and the challenges faced by high-cost producers. They discuss the impact […]

Can Trump Force Ukraine to Accept a Peace Deal?

Energy News Beat ENB Pub Note: While President Trump and his team wanted to end the Ukraine war on day one of his administration, they did not have the critical information they needed. The Biden Administration has removed information from the essential think tanks in the war colleges and critical parts of the government. This […]