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Energy

OPEC+ stuns oil market with policy shift to drive down price

By Grant Smith, Fiona MacDonald, Salma El Wardany and Nayla Razzouk
Apr 04, 2025 1:19 pm - For most of this decade, the OPEC+ alliance has been the world’s most stalwart defender of high oil prices. In just a few moments last week, that role reversed dramatically.
‘Kids will have to live with this’: St. Charles residents continue to voice concerns over power contract

By David Petesch, Shaw Local News Network
Mar 22, 2025 5:40 pm - Amid a national push toward clean, renewable energy, St. Charles has been asked to commit to a long-term contract extension with its current coal-reliant energy provider, and many residents are not on board.
Zelenskyy agrees to a limited ceasefire as Trump floats US ownership of Ukraine’s power plants

By HANNA ARHIROVA
Mar 19, 2025 6:46 am - Ukrainian President Volodymyr Zelenskyy agreed Wednesday to a limited ceasefire between Kyiv and Moscow, as U.S. President Donald Trump suggested during a call with the embattled country's leader that he consider American ownership of Ukraine's power plants to ensure their long-term security.
College of DuPage launches workforce hub to train students for clean energy jobs

Submitted by COD News Bureau
Mar 17, 2025 6:57 pm - College of DuPage recently launched a free workforce training program aimed at preparing students for careers in the clean energy sector.
Trump doubles tariffs on Canadian metals, causing Ontario to back down on electricity price hikes

By JOSH BOAK
Mar 11, 2025 10:18 am - President Donald Trump said Tuesday that he will double his planned tariffs on steel and aluminum from 25% to 50% for Canada, escalating a trade war with the United States' northern neighbor.
Ontario slaps 25% tax increase on electricity exports to US in response to Trump’s trade war

By ROB GILLIES
Mar 10, 2025 3:52 pm - Ontario's premier, the leader of Canada’s most populous province, announced that effective Monday it is charging 25% more for electricity to 1.5 million Americans in response to U.S. President Donald Trump's trade war.
With electricity price spikes coming, environmental and industry groups pitch reform

By Andrew Adams
Mar 06, 2025 3:26 pm - Illinois faces potential energy shortfalls and all-but-guaranteed price spikes for northern Illinois this summer, consumer and environmental advocates say.
‘Instability in the market’ or rightsizing? What does federal EV cold shoulder mean for Illinois?

By Marni Pyke
Mar 01, 2025 2:07 pm - President Donald Trump’s opposition to electric vehicles is problematic for Illinois businesses banking on federal support, even as the state continues expanding EV infrastructure.
State official: Renewable investments ‘best thing’ to lower energy costs

By ANDREW ADAMS & LEONARDO PINI
Feb 20, 2025 2:25 pm - With an increasing number of officials warning Illinois might struggle to meet its renewable energy goals, regulators and lawmakers met Tuesday to discuss how the state should regulate its energy industry.
Wall Street falls following Trump’s tariffs, but not as badly as feared in the morning

By STAN CHOE
Feb 03, 2025 4:01 pm - The threat of a punishing trade war sent Wall Street on a roller coaster Monday. After initially falling sharply on worries about President Donald Trump’s tariffs, U.S. stocks pared their losses after Mexico said it had negotiated a one-month reprieve.

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