Biden bans offshore oil and gas drilling in most federal waters; Trump promises to undo ban when he takes office

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Offshore oil rig at sunset.

In early January 2025, President Joe Biden issued a ban on new offshore oil and gas drilling across more than 625 million acres of U.S. federal waters. This action affects the East and West coasts, the eastern Gulf of Mexico, and parts of Alaska’s Northern Bering Sea. Biden utilized the Outer Continental Shelf Lands Act….

Meta Joins The Nuclear-Powered Al Movement

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Here's an alt tag for the image: Meta logo with infinity symbol.

Facebook parent Meta is seeking developers that can bring nuclear reactors online starting in the early 2030s to support data centers and communities around them. Meta is joining Amazon, Google, and other tech giants in turning to nuclear generation to fuel energy-thirsty Al data centers with zero-carbon electrons. The company just announced a request for….

U.S. Natural Gas Futures Rise on Demand Outlook

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U.S. natural gas settles higher in an up-and-down session, again testing the key $3 level as prospects for heating demand pick up. Current winter forecasts call for average temperatures 2 degrees Fahrenheit below last year for the December-February period, which could add around 2.8 billion cubic feet a day to residential and commercial demand, Bank….

Liberty Energy CEO Wright Nominated to Be Energy Secretary

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Here's an alt tag for the image: Chris Wright, Liberty CEO nominee.

According to Factiva data, Liberty Energy is one of the most mentioned companies in the U.S. across all news items in the past 12 hours. Liberty Energy’s Chief Executive Officer Chris Wright is Donald Trump’s choice to head the Energy Department. Wright’s selection leaves the door open for investing in technologies outside of oil and….

Inflation Reduction Act under risk under second Trump administration

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The Inflation Reduction Act (IRA) is unlikely to face a full repeal, even if Trump wins the 2024 U.S. election, as this would require Republican control of the presidency and both houses of Congress, which is improbable given the expected slim majorities in Congress. A Trump administration would prioritize extending the 2017 Tax Cuts and….

Biden administration plans to triple US nuclear energy capacity by 2050

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The Biden administration’s roadmap to triple U.S. nuclear energy capacity by 2050 involves adding 200 GW through new reactor construction, restarts, and power upgrades. It includes plans for 35 GW of nuclear capacity by 2035, scaling up to 15 GW annually by 2040. The strategy also promotes deploying gigawatt-scale reactors, modular reactors, and microreactors, with….

Inside the Audacious Plan to Reopen Three Mile Island’s Nuclear Plant

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At a small gathering for CEOs last year, OpenAl co-founder Sam Altman made a stunning pronouncement: Future data centers for some artificial intelligence models would require as much power as a large city. Among those taken aback in the group gathered at Microsoft’s headquarters was Joe Dominguez, the chief executive of Constellation Energy, which produces….

Nuclear goes nuclear

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Here's an alt tag for the image: Nuclear power plant at night.

Google has partnered with nuclear startup Kairos Power to support the construction of seven small nuclear reactors in the U.S., aiming to provide 500 megawatts of power by the end of the decade. This initiative is designed to help meet Google’s increasing energy demands for AI while revitalizing the nuclear sector. Kairos plans to complete….