Thursday, April 10, 2025
U.S. EPA moves to curb state powers to deny permits for energy projects-oil and gas 360

U.S. EPA moves to curb state powers to deny permits for energy projects

Reuters WASHINGTON – U.S. Environmental Protection Agency chief Andrew Wheeler signed on Monday a rule limiting state powers to block energy infrastructure projects, setting up a fight with some Democratic governors who say Washington is stripping their ability to protect their states’ interests and combat climate change. The move comes as the Trump administration grows increasingly frustrated with left-leaning states

Column: Hedge funds turn bullish on crude, remain cautious on fuels- oil and gas 360

Column: Hedge funds turn bullish on crude, remain cautious on fuels

Reuters LONDON – Hedge funds continue to bet on a recovery in oil prices, but their bullishness is concentrated on crude, especially U.S. crude, while refined fuel markets are expected to take longer to tighten. Hedge funds and other money managers purchased the equivalent of 26 million barrels of futures and options in the six most important contracts in the