Energy news in brief

** Panic buying drains gas stations in Alabama, Florida, Georgia, Louisiana, North Carolina, South Carolina, Tennessee and Virginia as Southeasterners react to the ongoing shutdown of the Colonial Pipeline.

** In the wake of the ransomware attack on the Colonial Pipeline, the FBI sent out an emergency alert to electric utilities across the U.S. to be on the lookout for a similar attack

** Michigan Gov. Gretchen Whitmer threatened Tuesday to go after Enbridge’s profits from a Great Lakes oil pipeline if the company defies her order to shut it down. The Democratic governor issued the warning in a letter to the Canadian energy transport company on the eve of a state-imposed deadline to halt operation of Line 5.

** A day before Michigan’s deadline to close down a key crude oil pipeline, Canada on Tuesday issued its strongest remarks so far about the move, warning that it could undermine relations with the United States, its closest ally and trading partner.

** A Chevron Corp and Phillips 66 petrochemical joint venture imported significant quantities of the toxic chemical benzene into the United States for several years without reporting it to regulators as required by law, according to a company document seen by Reuters.

** The Interstate 40 bridge linking Arkansas and Tennessee was shut down Tuesday afternoon after authorities said they found a crack in the span. The Arkansas Department of Transportation tweeted that it found the crack during a routine inspection of the bridge over the Mississippi River into Memphis, Tennessee.

** An offshore wind project off Massachusetts that would create enough electricity to power 400,000 homes and is touted by backers as a key piece of America’s transition to renewable energy was approved Tuesday by the federal government.

** A new report released by the IEA states that renewable electricity capacity added in 2020 rose to 280 GW, with this increase set to become the ‘new normal’ for the sector.

**  A small U.S. solar company, GAF Energy, said on Tuesday it would move its manufacturing out of Asia to a new facility in Silicon Valley as it seeks to develop a next-generation technology to integrate solar panels with roof shingles.

** U.S. natural gas production and demand will drop for a second year in a row in 2021, the U.S. Energy Information Administration (EIA) said in its Short Term Energy Outlook (STEO) on Tuesday.

** The International Energy Agency said the supply glut created by the global pandemic has cleared, even as demand suffers a blow from a resurgence of the virus in India.

** Missouri lawmakers vote to gradually increase the state’s gasoline tax over the next five years to help fund road and bridge repairs.