EIA expects solar and wind to be larger sources of U.S. electricity generation this summer

Data source: U.S. Energy Information Administration, Short-Term Energy Outlook In our Summer Electricity Outlook, a supplement to our May 2022 Short-Term Energy Outlook, we expect the largest increases in U.S. electric power sector generation…

Continue ReadingEIA expects solar and wind to be larger sources of U.S. electricity generation this summer
Read more about the article Warren Buffett’s Berkshire Hathaway Keeps Adding to Occidental Petroleum Stake
SWEETWATER, TX - JANUARY 19: An oil pumpjack works on January 19, 2016 in Sweetwater, Texas. Global oil prices continue their downward fall with U.S. oil dropping towards $27 a barrel, its lowest since 2003, on worries about global oversupply. Following a diplomatic agreement on nuclear fuel with America, Iran has forecast it will add 500,000 barrels per day to global production, following the lifting of sanctions. (Photo by Spencer Platt/Getty Images)

Warren Buffett’s Berkshire Hathaway Keeps Adding to Occidental Petroleum Stake

This year's rise in oil prices has lifted Occidental's earnings, and the stock.Spencer Platt/Getty Images Berkshire Hathaway continued to add to its large stake in Occidental Petroleum OXY +8.21%  in recent days, buying about…

Continue ReadingWarren Buffett’s Berkshire Hathaway Keeps Adding to Occidental Petroleum Stake

Interior to remove millions of acres from possible oil development in National Petroleum Reserve-Alaska

Lakes dominate the landscape in a northern part of the National Petroleum Reserve-Alaska. (Anne Raup / ADN) The Biden administration said Monday that it will roll back a Trump-era land use…

Continue ReadingInterior to remove millions of acres from possible oil development in National Petroleum Reserve-Alaska

Biden wants to let people buy blended gasoline to lower prices. There’s just one big problem

It's one of the main drivers of U.S. inflation reaching a 40-year high, and among the factors most likely to hurt Democrats’ electoral chances in the November midterms. It’s high gasoline prices, and…

Continue ReadingBiden wants to let people buy blended gasoline to lower prices. There’s just one big problem