Mar 10, 2025
Energy Secretary Advocates for Increased Fossil Fuel Production
U.S. Energy Secretary Chris Wright expressed confidence in the U.S. shale industry’s ability to maintain and increase oil production even if prices drop to $50 per barrel, emphasizing the sector’s resilience and efficiency.
During the CERAWeek 2025 energy conference in Houston, Energy Secretary Chris Wright addressed industry leaders, asserting that the U.S. shale sector can sustain and potentially boost oil production even if prices decline to $50 per barrel. Drawing parallels to the 2014 price downturn, Wright highlighted the industry’s capacity for innovation and efficiency improvements. His remarks align with the Trump administration’s agenda to enhance fossil fuel production and achieve energy dominance. However, environmental groups criticized this stance, arguing it overlooks the environmental costs associated with increased fossil fuel consumption and the pressing need to address climate change. Read more.
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Aug 11, 2025
Airline industry struggles to scale sustainable aviation fuel as flagship refinery shuts down and most projects stall.
A Reuters investigation reveals that only a fraction of the 165 sustainable aviation fuel (SAF) projects announced over the past decade have materialized, with World Energy’s flagship SAF refinery in California closing, underscoring systemic challenges that leave airlines far from meeting climate targets.
Jul 28, 2025
New York Projects Clean Energy Targets Will Be Missed Without Major Adjustment
New York’s freshly released energy plan warns the state will miss its climate mandates—such as powering 70% of its grid with renewables by 2030—unless grid upgrades, storage, and project deployment accelerate sharply.