Oil appears set to close out another week of gains, although trading became choppy this week as OPEC+ readies production increases. Biden supports Line 3. The Biden administration supported the contentious Line 3 pipeline in Minnesota in a court filling. Amazon buys up renewable energy. Amazon (-1.38%) said it would purchase 1.5 GW of renewables from 14 different solar and wind projects. Amazon is the largest corporate purchaser of renewables worldwide. U.S. LNG grows costlier. Even as U.S. LNG exports have expanded, supplying liquefied natural gas to the growing Asian market has become more expensive for US producers this year, a Rystad Energy report reveals. Rystad Energy estimates that the short-run marginal cost (SRMC) of US LNG exports […]