Category: Energy Policy

President Trump Announces Plans to Strike Iran Again and Take Control of Kharg Island, Echoing Venezuelan-Style Oil Controls

Clark Savage210

In a major escalation of the ongoing U.S.-Iran conflict, President Donald Trump has signaled that U.S. forces will strike Iran “VERY HARD TONIGHT” and, in the near future, take control of Iran’s critical oil infrastructure, including Kharg Island. This development draws direct parallels to the administration’s approach in Venezuela and aligns with commentary from energy […]

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World’s 65 Biggest Banks Pumped $906 Billion Into Fossil Fuels in 2025. The Iran War will escalate exploration and production, pipelines, and energy security spending and financing.

Clark Savage226

In a striking confirmation of the enduring role of fossil fuels in global finance, the world’s 65 largest banks committed a record $906 billion to oil, natural gas, and coal companies in 2025 — an 8% jump from $869 billion the year before. This marks the second straight year of rising fossil fuel financing after […]

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New York Just Got a Huge Influx of Clean Power From Canada. It Still Needs More, and Will Canada Cut the Power if They Don’t Agree with Trump?

Clark Savage226

New Yorkers woke up to a major milestone in the state’s green energy transition on June 1, 2026: the Champlain Hudson Power Express (CHPE) transmission line began flowing hydroelectric power from Quebec, Canada, directly into Queens. This $6 billion underground and underwater project, developed in partnership with Hydro-Québec, delivers up to 1,250 MW of carbon-free […]

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The Iran Closure on the Strait of Hormuz Could Last to Labor Day: What It Means for Global Markets, Oil Prices, and the Physical vs. Paper Disconnect

Clark Savage451

The Strait of Hormuz — the narrow waterway through which roughly one-fifth of global oil and significant LNG volumes flow — has remained effectively closed since early March 2026 following the escalation of the U.S.-Israel-Iran conflict. Iran has suspended talks and signaled the blockade could become permanent absent major concessions. In a wide-ranging interview with […]

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First Reactor in Trump Pilot Program Hits Milestone to Ramp Up Nuclear Nationwide

Clark Savage233

The U.S. Department of Energy (DOE) announced a historic milestone on June 4, 2026: Antares Nuclear’s Mark-0 advanced microreactor has achieved criticality—the point at which a nuclear reactor sustains a self-sustaining chain reaction capable of producing steady energy. This marks the first success under President Trump’s Reactor Pilot Program and the first time in more […]

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DOE Orders OUC’s 465-MW Coal Unit in Florida to Continue Running – What does this mean for Consumers and Investors?

Clark Savage215

In a decisive step to safeguard Florida’s electric grid amid rising electricity demand, the U.S. Department of Energy (DOE) issued a 90-day emergency order on June 4, 2026, directing the Orlando Utilities Commission (OUC) to keep its 465-MW coal-fired Stanton Unit 1 at the Stanton Energy Center running instead of moving it into cold shutdown. […]

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