Energy

President Biden will announce a release of oil a day after he promised to codify Roe v. Wade, and the IRS is increasing its inflation adjustments.

Biden to release oil; promise to codify Roe; IRS inflation adjustments

The United States is down to 25 days of diesel supply with stockpiles at their lowest level for this time of year in records going back to 1993.

US diesel supply shrinking to record lows as EU tops 90% gas storage

The United Nations released a climate report, North Korea received a joint warning over nuclear testing, and China launched an inhalable COVID-19 vaccine.

UN climate report; joint warning to North Korea; inhalable COVID vaccine

The Biden administration is to announce roughly $1 billion in grants going to nearly 400 school districts to buy about 2,500 electric buses.

Biden administration to announce $1B to schools for electric buses

The European Union is following California’s lead and banning the sale of new combustion-engine cars. The ban goes into effect in 2035.

The EU is banning sale of new gas-powered vehicles in 2035

BP earnings more than doubled in the third quarter; a judge blocked a merger between two major publishers; and the Powerball prize is now $1.2 billion.

BP earnings soar; judge blocks publisher merger; $1.2B Powerball prize

Last year, before the invasion of Ukraine, the UK started ‘war-gaming’ an emergency plan to deal with major disruptions to its energy supply.

Report: UK began ‘war gaming’ weeklong blackouts last year

As the western U.S. faces its worst drought in centuries, the government could soon step in to cut the supply from the Colorado River.

Feds demand western states cut back on Colorado River water, threaten unilateral action

The Treasury Department said companies blended Iranian oil with Indian products, bringing hundreds of millions of dollars to Hizballah and the IRGC.

Treasury sanctions oil smuggling network members for helping Iran evade sanctions

Climate activists, backed by billionaires, have been targeting the world's most famous art masterpieces to gain attention for their movement.

Why Getty, billionaires are backing Just Stop Oil, climate activists

Climate Envoy John Kerry is expected to propose an expanded carbon credit program to help wean the planet off fossil fuels at the UN's Cop27.

John Kerry to propose expanded carbon credit program at Cop27

During his trip to the Cop27 global climate meeting, President Joe Biden announced a supplemental rule cracking down on methane emissions.

Biden announces methane rule, touts accomplishments at Cop27

There is growing debate over closing the Diablo Canyon nuclear power plant. It's California's last, and has been operating since 1985.

US grants 1.1B to keep Diablo Canyon nuclear power plant open

It's the biggest shopping weekend of the year and Americans are ready for deals after dealing with 4-decade high inflation all year.

Black Friday amid inflation; frustration over China COVID lockdowns

The world's largest active-volcano, Mauna Loa, is erupting in Hawaii, for the first time in nearly forty years.

World’s biggest volcano erupts, Black Friday and Cyber Monday break records

Switzerland may ban electric vehicles this winter

Tens of thousands of residents in one North Carolina county are without power, after a series of targeted attacks on power facilities.

FBI investigates suspicious power outage; Russia rejects oil price cap

Senator Raphael Warnock and his Republican challenger, Herschel Walker, urging voters to get to the polls on election day.

Election day in Georgia; airlines warn of higher fares

California held the first lease auction in the United States to develop offshore wind farms. Five lease zones went up for auction.

US auctions first wind farm leases off California coast

Democratic Senator Raphael Warnock has defeated his Republican challenger Herschel Walker in the Georgia runoff election.

Warnock holds on to Senate seat; Trump organization guilty

A major breakthrough in nuclear fusion research could pave the way for the technology to become the world's primary energy source.

California scientists reach major nuclear fusion milestone

New FTX CEO, John Ray, accuses former CEO, Sam Bankman-Fried, of gambling with customers money in risky trades.

Midday rundown: FTX CEO testifies, EU’s first green tariff

Maura Healey is the first female governor of Massachusetts, having flipped the seat a Republican held for two terms.

Massachusetts Gov.-elect Maura Healey wants to fix Boston’s transit system

FTX founder Sam Bankman-Fried will be returning to the U.S. today to face eight federal charges including wire fraud and money laundering.

Midday rundown: FTX founder extradited, NFL legend Franco Harris dies

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