Close Menu
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

What's Hot

UAE Says the Oil Market Is Thirsty for More OPEC+ Barrels

July 9, 2025

India set to explore over 2.5 lakh sq kms area in one of largest offshore energy efforts, ET EnergyWorld

July 9, 2025

Tikehau Raises Over €1 Billion for Egis to Decarbonize Transport, Cities, Energy

July 9, 2025
Facebook X (Twitter) Instagram Threads
Oil Market Cap – Global Oil & Energy News, Data & Analysis
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment
Oil Market Cap – Global Oil & Energy News, Data & Analysis
Home » Statement from Secretary Wright on Presidential Action Blocking Radical Green Agenda in the Columbia River Basin
U.S. Energy Policy

Statement from Secretary Wright on Presidential Action Blocking Radical Green Agenda in the Columbia River Basin

omc_adminBy omc_adminJune 13, 2025No Comments2 Mins Read
Share
Facebook Twitter Pinterest Threads Bluesky Copy Link


WASHINGTON — The Department of Energy (DOE) today released the following statement from U.S. Secretary of Energy Chris Wright on President Trump’s Presidential Memorandum halting the Biden Administration’s radical Columbia River Basin policy:

“The Snake River Dams have been tremendous assets to the Pacific Northwest for decades, providing high-value electricity to millions of American families and businesses. With this action, President Trump is bringing back common sense, reversing the dangerous and costly energy subtraction policies pursued by the last administration. American taxpayer dollars will not be spent dismantling critical infrastructure, reducing our energy-generating capacity or on radical nonsense policies that dramatically raise prices on the American people.”

Today’s Presidential Memorandum revokes the Biden Administration’s “Restoring Healthy and Abundant Fish” directive and directs federal agencies, including the Energy Department, to withdraw from costly policies that would have resulted in the elimination of over 3,000 megawatts of secure and reliable hydroelectric generating capacity – enough generation to power 2.5 million American homes.

The Biden-era MOU required the federal government to spend over $1 billion and comply with 36 pages of costly, onerous commitments aimed at replacing services provided by the Lower Snake River Dams and advancing the possibility of breaching them. Breaching the dams would have doubled the region’s risk of power shortages, driven wholesale electricity rates up by as much as 50%, and cost as much as $31.3 billion to replace.

###
 

 



Source link

Share. Facebook Twitter Pinterest Bluesky Threads Tumblr Telegram Email
omc_admin
  • Website

Related Posts

I Was Laid Off From My Tech Job — Now I’m Pursuing a Career in Welding

July 9, 2025

Why This $2 Billion VC Firm Hasn’t Lost a Single Partner in 22 Years

July 9, 2025

Sam Altman Talks Zuckerberg, Musk, and Trump at Sun Valley

July 9, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Posts

LPG sales grow 5.1% in FY25, 43.6 lakh new customers enrolled, ET EnergyWorld

May 16, 20255 Views

South Sudan on edge as Sudan’s war threatens vital oil industry | Sudan war News

May 21, 20253 Views

Trump’s 100 days, AI bubble, volatility: Market Takeaways

December 16, 20072 Views
Don't Miss

U.S. production growth to slow amid drilling decline, says EIA

By omc_adminJuly 8, 2025

(Bloomberg) – The U.S. sees domestic crude output growth slowing more than expected this year…

Petralon to boost Nigerian offshore production by 2,500 bpd

July 8, 2025

Indonesia’s Cirata Floating Solar Farm: Powering 50,000 Homes with Clean Energy

July 8, 2025

JDR to support Larsen and Toubro with offshore umbilical testing in the Middle East  

July 8, 2025
Top Trending

Tikehau Raises Over €1 Billion for Egis to Decarbonize Transport, Cities, Energy

By omc_adminJuly 9, 2025

Thousands meet their MPs to show huge demand for climate action | Green politics

By omc_adminJuly 9, 2025

Climate breakdown tripled death toll in Europe’s June heatwave, study finds | Extreme heat

By omc_adminJuly 9, 2025
Most Popular

The 5 Best Soundbars of 2025

May 6, 20251 Views

Energy Department Lifts Regulations on Miscellaneous Gas Products

May 2, 20251 Views

I Was Laid Off From My Tech Job — Now I’m Pursuing a Career in Welding

July 9, 20250 Views
Our Picks

BP Appoints Shell Veteran to Board

July 9, 2025

Mol Eyes Ukraine Port Access to Phase Out Russian Oil

July 9, 2025

Petronas Ships First Cargo from LNG Canada to Japan

July 9, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Facebook X (Twitter) Instagram Pinterest
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
© 2025 oilmarketcap. Designed by oilmarketcap.

Type above and press Enter to search. Press Esc to cancel.