business

Did some of the biggest investors in the world buy up shares in coal companies to force them to produce less coal? An unusual lawsuit in Texas claims that investment firms including BlackRock, Vanguard and State Street did just that, illegally colluding with one another to reduce coal production as part of a conspiracy to … Read more

For decades, a little-known nonprofit organization has played a central role in keeping the lights on for 65 million people in the Eastern United States. Even some governors and lawmakers acknowledge that they were not fully aware of how much influence the organization, PJM, has on the cost and reliability of energy in 13 states. … Read more

Over the past two decades, more than 5 million U.S. households from California to Georgia to Maine have put solar panels on their roofs, drawing energy from the sun and reducing their electric bills. But that could soon come to a crashing halt. The big domestic policy bill passed by House Republicans last month would, … Read more

U.S. oil prices continued to sink Wednesday morning, falling to about $56 a barrel as China said it would match President Trump’s tariffs blow for blow. Ga6789 The slide in crude prices signals deteriorating confidence in the strength of the economy. And while lower oil prices benefit consumers by, ultimately, reducing prices at the pump, … Read more

Hard hats are back. So is “beautiful, clean” coal. President Trump signed four executive orders on Tuesday to try to bolster the country’s declining coal industry, including the lifting of restrictions on mining and burning of the dirtiest fossil fuel. In addition to waiving air pollution limits and other regulations on coal imposed by the … Read more

The severe storm system that has inundated the central and southeastern United States with heavy rain and high winds for days fits into a broader pattern in recent decades of increasing rainfall across the eastern half of the United States. Data from the National Oceanic and Atmospheric Administration for 1991 through 2020 show that the … Read more

President Trump plans to sign an executive order Tuesday aimed at expanding the mining and use of coal in the United States, in an effort to revive the struggling industry. The order will direct federal agencies to remove barriers to coal leasing and mining, loosen environmental reviews of coal projects and explore whether coal-fired electricity … Read more

The Keystone pipeline system, which carries crude oil from Canada to the United States, was shut down on Tuesday morning because of an oil spill in southeastern North Dakota, government and company officials said. The pipeline ruptured north of Fort Ransom, N.D., said Bill Suess, manager of the spill investigation program at the North Dakota … Read more

Oil is trading at its lowest level in nearly four years. Costs are rising. And Wall Street is growing more worried by the day that President Trump’s trade policies will tip the United States into a recession. The reaction in the oil patch? Silence, mostly. Oil and gas executives, eager to stay in Mr. Trump’s … Read more

To hear Trump administration officials and many energy executives tell it, the United States is on the precipice of a new golden age for natural gas that will be driven in large part by the voracious power needs of data centers. But turning natural gas into electricity requires giant metal turbines that are increasingly difficult … Read more