Last week was a very busy one in the energy sector, with news from both within and beyond the United States regarding utilities, clean energy investments, transmission upgrades, and more.

 In the US, last week saw GOP Governors call  for a delay on the Waters Rule, an increase in utility shutoffs due to skyrocketing energy costs, the Energy and Commerce Committee’s commitment to expanding domestic energy production, and President Biden’s public support of the Willow oil drilling project in Alaska while the DOE proposed new standards for efficiency thresholds for both gas and electric stoves.  

 Overseas, Europe defied  negative economic expectations on the back back of plunging energy prices, as U.S. sweet crude exports to China hit a 5-month high. 

 Meanwhile, as Bulgaria and Serbia diversified their energy supplies, the Kremlin decried an EU embargo on Russia’s refined oil products, claiming it would further imbalance global energy markets.

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