** U.S. liquefied natural gas exports have reached record levels, driven by strong demand from both domestic industrial consumers and European buyers. Despite increasing natural gas production, the growth of U.S. LNG exports is threatened by insufficient pipeline capacity to transport gas to liquefaction facilities reports OilPrice.com.
** Colorado has become the first state to put labels on the appliances pointing consumers to evidence about the harms of cooking with gas.
** EPA Secretary Lee Zeldin promises the first federal safety guidelines for battery storage systems while visiting a Long Island town where a facility is planned, highlighting lithium-ion facilities’ fire risks.
** USDA Secretary Brooke Rollins says the federal government will stop granting subsidies to solar farms that are installed on productive farmland.
** Shares of U.S. solar companies rose Monday after the U.S. Treasury released tax credit guidance that wasn’t as strict as investors had feared.
** Car dealers are offering EV leases as low as $100 a month to get cars off the lot before federal tax credits expire.
** U.S. Energy Secretary Chris Wright says Republicans will be blamed for rising power prices, but looks to shift the onus to Democrats ahead of next year’s midterm elections.
World
** The Russian President Vladimir Putin signed on Friday a decree which could allow foreign investors to recover shares in the Sakhalin-1 project, including Exxon Mobil. The decree was signed on the same day that Donald Trump and Russian President Vladimir Putin met in Alaska.
** The bioethanol industry in Britain is on the verge of collapse, after the government announced it would not be providing financial support to the sector that was hit by the UK tariff agreement with U.S. president Donald Trump. A government spokesperson said that the decision to not offer direct funding was made because it would be of no value to the taxpayer and wouldn’t solve long-term issues the industry faces.
** Brazilian oil company Prio announced on Monday that the local regulator ANP ordered a production halt for the Peregrino FPSO. The regulator cited the need to improve risk management documentation as well as adjustments to the deluge system of the unit. Shares of the independent oil producer fell as a result.