Energy quick reads

** A U.S. district court granted the federal government’s request to indefinitely pause a trial concerning a major petrochemical plant in Louisiana, despite the Biden administration’s insistence that the facility poses an imminent health threat.

** Over the past week, some new Tesla Cybertruck owners have taken to social media to complain about what they say are spots of rust on their brand-new electric vehicles, which cost up to $99,900. One owner even said they’d been warned when the truck was delivered that it could rust in the rain.

** The White House will approve a request from a group of Midwest governors to allow year-round sales of gasoline with higher blends of ethanol, but will push the start date into next year, two sources familiar with discussions said.

** Kentucky breaks ground on the first of 40 electric vehicle charging stations planned for the state’s interstates and highways.

** Some oil and gas companies could be liable for tens of millions of dollars in fees under a federal Inflation Reduction Act provision that penalizes methane emissions.


** Analysts at Australian-New Zealand banking company ANZ think Brent crude, the global benchmark, could hit $85 per 42-gallon barrel in the short term and maybe $90 by year-end.

** The world’s first chemical tanker ship fitted with massive rigid aluminium “sails” has left Rotterdam, its owner hoping to plot a route to bringing down the shipping industry’s huge carbon footprint.

** Yemen’s Iran-aligned Houthis claimed responsibility on Saturday for an attack on the oil tanker M/T Pollux, which U.S. officials said the previous day had been hit by a missile.

** BAIC BluePark New Energy Technology, the electric vehicle arm of Beijing Automotive Group (BAIC), plans to launch its first sedan in partnership with Huawei Technologies this year, as Huawei steers into the EV market.