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

China Plan to Scale Back Refining Seen Taking 5 Years

September 9, 2025

Kurdistan Has Lost $28 Billion From Its Oil Dispute

September 9, 2025

Udemy’s Cofounder on How to Avoid Hiring Interns for Inefficient Work

September 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 » Energy Department Withdraws from Biden-Era Columbia River System Memorandum of Understanding
U.S. Energy Policy

Energy Department Withdraws from Biden-Era Columbia River System Memorandum of Understanding

omc_adminBy omc_adminJune 27, 2025No Comments2 Mins Read
Share
Facebook Twitter Pinterest Threads Bluesky Copy Link


WASHINGTON— U.S. Secretary of Energy Chris Wright today announced that the Department of Energy in coordination with the White House Council on Environmental Quality (CEQ), the Departments of Commerce and the Interior and the U.S. Army Corps of Engineers, has officially withdrawn from the Columbia River System Memorandum of Understanding (MOU). Today’s action follows President Trump’s Memorandum directing the federal government to halt the Biden Administration’s radical Columbia River basin policy and will ensure Americans living in the Pacific Northwest can continue to rely on affordable hydropower from the Lower Snake River dams to help meet their growing power needs.

“The Pacific Northwest deserves energy security, not energy scarcity. Dams in the Columbia River Basin have provided affordable and reliable electricity to millions of American families and businesses for decades,” said Energy Secretary Chris Wright. “Thanks to President Trump’s leadership, 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. This Administration will continue to protect America’s critical energy infrastructure and ensure reliable, affordable power for all Americans.”

BACKGROUND:

On June 10, 2025, President Trump signed the Presidential Memorandum, Stopping Radical Environmentalism to Generate Power for the Columbia River Basin, revoking the prior Presidential Memorandum, Restoring Healthy and Abundant Salmon, Steelhead, and Other Native Fish Populations in the Columbia River Basin, part of the radical green energy agenda calling for “equitable treatment for fish.”

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.

The plan would have devastated regional agriculture by reducing water supply to farmers, eliminated several shipping channels, raised transportation costs, and destroyed recreational opportunities across the Columbia River Basin.

The four dams on the Lower Snake River provide over 3,000 megawatts of secure, reliable and affordable hydroelectric generating capacity— enough generation to power 2.5 million American homes. The Trump administration is committed to protecting this critical infrastructure with lower energy costs, critical shipping channels, and vital water supply for local farmers.

###

 

 



Source link

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

Related Posts

Udemy’s Cofounder on How to Avoid Hiring Interns for Inefficient Work

September 9, 2025

Meet Lachlan Murdoch: Net Worth, Career of Fox Corp CEO

September 9, 2025

Sam Altman: People Are Starting to Talk Like AI

September 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, 20254 Views

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

December 16, 20072 Views
Don't Miss

Saudis to cut crude prices following OPEC+ decision to boost output

By omc_adminSeptember 9, 2025

(Bloomberg) – Saudi Arabia will cut prices on all of its crude grades for buyers…

Strathcona continues bid to block rival’s MEG takeover

September 8, 2025

Expro sets offshore world record with heaviest casing string deployment

September 8, 2025

World’s largest jackup rig starts decommissioning work for Perenco UK

September 8, 2025
Top Trending

La Caisse, CEFC Launch $165 Million Sustainable Agriculture Carbon Credit Platform

By omc_adminSeptember 8, 2025

Apollo Invests $3.8 Billion in RWE JV to Expand German Power Grid

By omc_adminSeptember 8, 2025

IFC Investment Pushes responsAbility Asia Climate Tech Strategy Past $400 Million

By omc_adminSeptember 8, 2025
Most Popular

The Layoffs List of 2025: Meta, Microsoft, Block, and More

May 9, 20259 Views

Analysis: Reform-led councils threaten 6GW of solar and battery schemes across England

June 16, 20252 Views

Guest post: How ‘feedback loops’ and ‘non-linear thinking’ can inform climate policy

June 5, 20252 Views
Our Picks

China Plan to Scale Back Refining Seen Taking 5 Years

September 9, 2025

Energy Workforce publishes best practices for well stimulation, fracing

September 8, 2025

Saudi Wealth Fund to Sell Dollar Bonds

September 8, 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.