Trump, Trade Deal and Impossible Energy Promises
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The latest Market Talks covering Energy and Utilities. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET.1454 ET – Crude futures rise for a second consecutive session on optimism over U.
President Donald Trump said the U.S. deal on tariffs and trade with the European Union includes Brussels’ agreement to buy $750 billion of U.S. energy products over the next three years, but industry analysts say the math doesn’t even remotely add up.
A former Millennium Management LLC senior portfolio manager has launched an energy-focused hedge fund with the backing of New Holland Capital, people familiar with the matter said.
To qualify for clean energy tax credits, the recent GOP tax bill requires new wind projects to start construction by July of next year.
Duke Energy said on Tuesday it would sell its Tennessee natural gas distribution business to Spire for $2.48 billion in cash, as the utility aims to streamline operations and unlock capital to invest in electric grid upgrades.
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With increased demand overwhelming the grid and climate change driving record heat, Americans' energy bills keep rising.