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Energy Policy 19 December 2025 - 20 June 2026

Oklo rises for the week after Centrus fuel agreement draws attention to nuclear supply concerns

Oklo rises for the week after Centrus fuel agreement draws attention to nuclear supply concerns

Oklo Inc shares climbed in the shortened week after the advanced nuclear company signed a fuel supply letter with Centrus Energy. Investors saw the move as progress on the fuel supply challenge for next-generation reactors. The stock finished Thursday at $61.17, up 4.0% for the day and about 6.4% above last Friday’s close. U.S. markets were closed Friday for Juneteenth and will stay shut through the weekend. Oklo’s story is shifting now—from policy talk to proof in the supply chain. High-assay low-enriched uranium, or HALEU, is uranium with enrichment levels between 5% and less than 20% uranium-235. Many advanced reactor designs use it to pull more energy from smaller cores.
Oil prices rise after Trump issues Iran warning

Oil prices rise after Trump issues Iran warning

Oil soared over 3% Friday after President Donald Trump warned his patience with Iran was nearly gone, pushing traders back into supply risk mode. Investors eyed the Strait of Hormuz, still mostly closed, with about a fifth of global oil and LNG trade passing through the waterway. Brent hit $109.07. U.S. WTI finished at $105.02. The latest shift is getting attention since the market had priced in at least some movement after Trump met with Chinese President Xi Jinping in Beijing. But traders are looking at less chance of an agreement, new risks for tanker traffic, and a new inflation bump as U.S. gasoline prices are already a headache for politicians.
Gas Prices Hit $4.30: Why America’s Oil Boom Isn’t Saving Drivers

Gas Prices Hit $4.30: Why America’s Oil Boom Isn’t Saving Drivers

New York — April 30, 2026, 08:01 EDT Gasoline across the U.S. jumped to an average of $4.30 a gallon on Thursday—marking the priciest level since almost four years back. A mix of the Iran war, shrinking fuel inventories, and refinery snags forced crude costs higher, feeding straight into pump prices. That’s piling extra strain on consumers right ahead of peak summer driving.
Constellation Energy’s Three Mile Island Restart Faces a 73-Million-Gallon Test

Constellation Energy’s Three Mile Island Restart Faces a 73-Million-Gallon Test

HARRISBURG, Pennsylvania, April 26, 2026, 10:03 EDT Restarting Three Mile Island Unit 1 isn’t getting any simpler for Constellation Energy Corp. The company needs clearance to pull as much as 73.2 million gallons daily from the Susquehanna River to supply the Crane Clean Energy Center. According to the Susquehanna River Basin Commission, the application is still pending. If approved, about 21 million gallons per day wouldn’t make it back to the river, the commission’s documents show.
EPA Opens Summer E15 Fuel Sales to Cool Gas Prices, but Relief Could Be Thin

EPA Opens Summer E15 Fuel Sales to Cool Gas Prices, but Relief Could Be Thin

WASHINGTON, March 27, 2026, 15:56 The U.S. Environmental Protection Agency is allowing E15 gasoline sales across the country starting May 1, aiming to tamp down surging pump prices linked to the Iran war. Regulators issued an emergency waiver, removing summer anti-smog restrictions that normally sideline the 15% ethanol blend during the hotter months.
27 March 2026
Ecopetrol May Raise 2026 Spending as Oil Rally Revives Venezuela Push

Ecopetrol May Raise 2026 Spending as Oil Rally Revives Venezuela Push

Ecopetrol could revisit its 2026 investment plan as early as April if elevated oil prices persist. The Colombian state oil giant is also pushing to secure access for deals in Venezuela. For now, executives see spending coming in toward the upper end of the 22 trillion to 27 trillion peso guidance. Timing’s key here. Brent’s surged roughly 24% this week to near $90 a barrel, after the Iran conflict threw off shipments through the Strait of Hormuz. That’s the sort of price spike that can upend cash flow forecasts for an oil producer working off a budget set last November.
Denison Mines Corp Sets March Start for Phoenix Uranium Mine as Canada Readies Nuclear Strategy

Denison Mines Corp Sets March Start for Phoenix Uranium Mine as Canada Readies Nuclear Strategy

Denison Mines Corp disclosed in a March 4 filing with the U.S. Securities and Exchange Commission that its board gave the green light to build the Phoenix in-situ recovery uranium mine. According to the accompanying Feb. 24 release, groundwork and construction for Phoenix are scheduled to kick off in March 2026. Timing is critical here, with Ottawa gearing up to unveil its updated electricity and nuclear blueprint amid surging nuclear demand. Energy Minister Tim Hodgson told Reuters on Thursday the new strategy should land in the next few weeks. Canada is clearly placing its chips on sector growth, he said.
Big Tech’s data-center power bill fight: Warren presses Google as PJM auction plans grow

Big Tech’s data-center power bill fight: Warren presses Google as PJM auction plans grow

U.S. Senator Elizabeth Warren and two colleagues said Big Tech firms responding to their inquiry on data-center electricity costs pledged to pay more. However, the companies stopped short of detailing how they would prevent households from footing the bill for grid upgrades. https://www.warren.senate.gov/newsroom/press-releases/warren-senators-secure-new-commitments-from-big-tech-on-electricity-costs-but-companies-dodge-accountability-for-hiking-families-utility-bills The disagreement comes at a fraught time for utilities and lawmakers. Electricity demand is surging in parts of the country as firms scramble to construct data centers powering artificial intelligence, or AI — software that identifies patterns from massive data sets. Meanwhile, consumer power bills remain a hot-button issue ahead of November’s U.S. congressional elections.
J.D. Irving seeks an NB Power grid exit as minister backs self-generated wind power plan

J.D. Irving seeks an NB Power grid exit as minister backs self-generated wind power plan

FREDERICTON, New Brunswick, Jan 15, 2026, 12:20 AST New Brunswick’s natural resources minister supports J.D. Irving Ltd. and other major industrial users in their bid to produce renewable electricity independently of NB Power’s grid—the main network serving most customers. NB Power warns this move could drive up costs for the rest. https://www.cbc.ca/news/canada/new-brunswick/jd-irving-nb-power-grid-9.7044129
15 January 2026
Empire Wind decision day: Judge weighs Trump offshore wind pause as Equinor warns of termination

Empire Wind decision day: Judge weighs Trump offshore wind pause as Equinor warns of termination

U.S. District Judge Carl Nichols is due to rule Thursday on whether Equinor can resume construction of its $5.5 billion Empire Wind project off Long Island after the Trump administration paused offshore wind activity in federal waters. Equinor has told the court it could face project termination if work does not restart by Jan. 16, and a telephonic hearing is scheduled for 11 a.m. local time. At Wednesday’s hearing, Empire Wind attorney Ann Navaro called the pause an “existential risk,” while Justice Department attorney Stanley Woodward dismissed the feared harms as “speculative.” Equinor says the pause could doom Empire Wind, which it says is about 60% complete and meant to power more than 500,000 homes. Molly Morris, Equinor’s senior vice president overseeing the project, said a heavy-lift vessel needed to set a substation topside weighing more than 3,000 tons is due to leave on Feb. 1, and officials have not explained the security concerns or how to mitigate them. The administration filed its national security reasoning under seal, and Nichols told government lawyers, “Your brief doesn’t even include the word arbitrary.”
Venezuela oil barrels return: Vitol, Trafigura court India and China as Trump export plan takes shape

Venezuela oil barrels return: Vitol, Trafigura court India and China as Trump export plan takes shape

New York, January 12, 2026, 07:45 — Premarket Vitol and Trafigura have begun talks with refiners in India and China to buy Venezuelan crude for March delivery, according to trade sources on Monday. These discussions mark some of the first serious moves by major traders to secure cargoes as Venezuela gears up to resume exports under a U.S.-supported program. One trader saw an offer pricing a cargo at an $8 to $8.50 per barrel discount to ICE Brent, the global benchmark, with delivery into Asia. The companies have reached out to Indian Oil and Hindustan Petroleum, and also contacted China’s PetroChina. Another source added that Vitol has already shipped a naphtha cargo expected to arrive at Venezuela’s Jose terminal on Jan. 28—a crucial step since this lighter fuel is used to dilute Venezuela’s heavy crude.
Exxon Mobil stock faces Monday test as Trump pitches Venezuela oil rebuild for U.S. giants

Exxon Mobil stock faces Monday test as Trump pitches Venezuela oil rebuild for U.S. giants

NEW YORK, Jan 5, 2026, 03:46 ET — Market closed Exxon Mobil shares are in focus ahead of Monday’s session after President Donald Trump said U.S. oil companies would spend “billions of dollars” to restore Venezuela’s “badly broken” oil infrastructure, hours after Nicolás Maduro was captured and removed by U.S. forces. Analysts cautioned that the effort would run into years of repairs and a U.S. embargo that Trump said remains in place. “It will take tens of billions of dollars to turn that industry around,” said Peter McNally, global head of sector analysts at Third Bridge. Reuters
Venezuela Oil Update: PDVSA Cuts Output as U.S. Embargo Chokes Exports; Brent Near $60

Venezuela Oil Update: PDVSA Cuts Output as U.S. Embargo Chokes Exports; Brent Near $60

NEW YORK, Jan 5, 2026, 02:45 ET — Market closed Venezuela’s state oil company PDVSA has started shutting oilfields and ordering some joint ventures — including projects with Chevron and China National Petroleum Corporation — to curb output as it runs out of storage after a U.S. tanker blockade halted crude exports, sources said. After filling more than 45% of its 48-million-barrel onshore storage capacity, PDVSA began using tankers as floating storage — keeping crude at sea — with more than 17 million barrels waiting offshore, according to TankerTrackers.com. Shipping data showed cargoes from Chevron’s ventures have not left Venezuelan waters since Thursday amid shortages of diluents, the light oils used to thin Venezuela’s heavy crude for export. Reuters
5 January 2026
Chevron caught in Venezuela oil clamp as PDVSA cuts output under U.S. embargo

Chevron caught in Venezuela oil clamp as PDVSA cuts output under U.S. embargo

Venezuela’s state-run oil company PDVSA has begun cutting crude output as storage fills after a U.S. export embargo — enforced through a blockade of sanctioned tankers — halted oil exports, the country’s main source of revenue, sources said. Chevron-chartered tankers that had kept moving under a U.S. authorization have not left Venezuelan waters since Thursday, while PDVSA has struggled to import diluents — lighter oil and naphtha used to thin extra-heavy crude for transport. Reuters The export freeze puts a key OPEC supplier’s cash flow and operations at risk just as Washington’s pressure campaign tightens. Port captains have not received requests to authorize loaded ships to set sail, and several vessels bound for the United States and Asia have remained stuck, sources close to operations said. Reuters
Exxon Mobil stock: what to watch after U.S. strike on Venezuela and Trump oil-company push

Exxon Mobil stock: what to watch after U.S. strike on Venezuela and Trump oil-company push

NEW YORK, Jan 4, 2026, 08:36 ET — Market closed Exxon Mobil will be in focus when U.S. markets reopen on Monday after President Donald Trump said U.S. forces struck Venezuela and captured President Nicolas Maduro. Trump later said U.S. oil companies would help rebuild Venezuela’s oil industry, thrusting the sector into the center of the weekend’s geopolitical shock.
Dominion Energy’s Silent Solar Generator Debuts as Virginia Regulators Pause Chesterfield Gas Plant Approval

Dominion Energy’s Silent Solar Generator Debuts as Virginia Regulators Pause Chesterfield Gas Plant Approval

RICHMOND, Va. — Virginia’s energy debate sharpened on Friday, Dec. 19, 2025, as two Dominion Energy storylines collided: the utility’s push for new, fast-response power to meet booming demand—and a parallel push for cleaner, quieter alternatives to the diesel equipment that keeps communities running during outages and events. On one track, Dominion-backed partners are promoting a towable, solar-charged mobile battery—marketed as a “silent generator”—aimed at replacing diesel generators at festivals, worksites, and emergency deployments. On the other, state regulators have paused Dominion’s approval to build the Chesterfield Energy Reliability Center, a 944-megawatt natural gas plant, after environmental and civil rights groups asked the Virginia State Corporation Commission to reconsider whether the project meets Virginia’s climate and environmental justice laws. The Richmonder+2TradingView+2
Ithaca Pushes Back on NYSEG Rate Hikes as Hochul Pauses New York’s All-Electric Buildings Rules

Ithaca Pushes Back on NYSEG Rate Hikes as Hochul Pauses New York’s All-Electric Buildings Rules

On December 19, 2025, New York’s energy transition is colliding with a familiar reality: household bills. In the Finger Lakes, Ithaca officials are weighing how to protect residents from proposed utility rate increases while also keeping local climate policies on track. In the Hudson Valley, NYSEG is pointing to newly completed grid upgrades as proof that infrastructure spending is essential. And statewide, Governor Kathy Hochul’s decision to pause implementation of New York’s all-electric new-building requirements—pending court action—has forced cities, builders, and regulators into a holding pattern. Together, the developments reveal the pressure points of New York’s climate and affordability agenda: who pays, how fast, and what happens when major rules change at the last minute.
19 December 2025
Georgia Power’s $15B Data Center Energy Expansion Heads to Georgia PSC Vote as AI Power Demand Triggers New Federal Grid Rules

Georgia Power’s $15B Data Center Energy Expansion Heads to Georgia PSC Vote as AI Power Demand Triggers New Federal Grid Rules

On Friday, Dec. 19, 2025, Georgia’s utility regulators are poised to make one of the most consequential energy decisions the state has faced in years: whether to approve Georgia Power’s plan to rapidly expand electricity supply to meet a surge in demand from data centers and AI-driven computing. Axios The stakes are immediate and personal—monthly bills, grid reliability, and how much new fossil-fueled generation Georgia locks in for decades—but they’re also national. In the last 24 hours, federal regulators moved to clarify how Big Tech can connect massive data centers directly to power plants in the country’s largest grid region, reflecting how quickly electricity has become the next bottleneck in the AI race. AP News+1
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Stock Market Today

  • Dollar Slips as Stocks Climb; Euro Up on Confidence Data
    June 29, 2026, 1:31 PM EDT. The dollar index edged down 0.13% while stocks rallied. WTI crude jumped 1%, adding to inflation worries and keeping a lid on the dollar's drop as bets on Fed rate hikes stayed in play. The euro rose 0.32% on improved Eurozone confidence and a weaker dollar, but higher M3 money growth kept gains in check. The yen hit a 39-year low against the dollar as traders looked past strong retail sales and focused on policy worries. The dollar traded above 160 yen, raising talk of intervention after Japanese and U.S. officials discussed possible responses. Gold and silver prices took a hit as oil moved higher and commodity flows shifted.
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