Crude oil and other liquids fuel consumption growth are expected to weaken over the next two years, in line with a slowdown in economic growth, most notably in Asia, according to a May 15 report published by the U.S. Energy Information Administration. Oil consumption is still expected to grow, albeit at a slower rate. The…...
The New York State Public Service Commission on May 15 authorized approximately $1 billion per year from 2026 to 2030 to support energy efficiency and building electrification initiatives across the state. These programs will be managed by the large investor-owned electric and gas utilities, along with the New York State Energy Research and Development Authority…...
The U.S. Interior Department on May 14 announced the proposed rescission of a rule governing wind and solar energy development on public lands. This is in accordance with U.S. President Donald Trump’s agenda to eliminate burdensome regulations and stimulate economic growth. The proposed removal of the Bureau of Land Management’s clean energy regulation allows for…...
U.S. annual electricity consumption is forecast to increase during 2025 and 2026, exceeding the record high reached during 2024, according to a May 13 report published by the U.S. Energy Information Administration. The increase is attributed to higher demand from the commercial sector, which includes data centers and the industrial sector which includes manufacturing establishments…....
