r/energy

Blue States Sue Trump Administration Over Offshore Wind Deal. “This administration cooked up a sham deal to pay a foreign energy company hundreds of millions of taxpayer dollars to abandon offshore wind and invest in oil and gas instead.” The extraordinary deal violates 2 federal laws.

Trump's Iran 'peace deal' isn't a deal. It's surrender. All Trump’s 'dumbest war imaginable' did was embolden Iran, give it loads of cash and reset nucIear negotiations that had already happened successfully under Obama. It looks like surrender to get out of a war that never should have started.

US Emergency Oil Reserve Approaching All-Time Low Despite Trump Promise. At the current pace the SPR is days away from reaching levels last seen in 1983—when it was in the initial “fill-up” stage. If levels falls below 300 million barrels it will create problems with “the integrity of the oil".

Senate votes to direct Trump to withdraw troops from Iran conflict. The resolution passed the House earlier this month. “The American people have paid the price for Trump’s historic blunder in Iran. It will go down in history as one of the worst foreign policy [mistakes] America has ever made."

Trump announces $800 million plan to prop up the struggling coal industry. The coal subsidies would tap funds passed by Congress for clean energy under Biden, raising questions about the legality. "Coal plants are so uneconomic they can’t even compete when energy prices are on the rise."

Russian drivers stuck in huge lines at gas stations as Moscow runs out of fuel

Thanks to Trump You Can Now Fill Your Car with Iranian Gasoline! Trump and JD Vance’s slow-motion surrender continues. Trump has agreed to let Iran sell oil on the open market, and to America. However bad this looks, the reality is worse.

Republicans recalibrate their message on gas. Lowering gas prices was a central promise of the GOP. The tables have turned. Gas prices are approaching record highs amid Trump's war. Republicans are now either defending the high prices as necessary, blaming Democrats or avoiding the issue altogether.

Team Trump keeps using tax dollars to scuttle renewable energy projects. At a time when the US needs more renewable energy, Trump is spending roughly $2.6 billion in taxpayer money to scuttle renewable energy projects. “It is hard to imagine a more backwards use of taxpayer money."

$25 Billion. That’s What Trump Cost Detroit. Trump’s gratuitous war against EVs is forcing manufacturers to return to an increasingly outdated past. It is pretty difficult to futureproof your company against stupid. This isn’t industrial policy; it’s industrial suicide.