Latest News Updates From Will Wade

Government, Business, Fuel

Brookfield to Buy Colonial Pipeline Owner in $9 Billion Deal

Brookfield Infrastructure Partners and its institutional associates agreed to acquire Colonial Enterprises, the operator of the biggest U.S. fuel pipeline, in a $9 billion deal.

April 4, 2025
Government, Business, Fuel, Logistics

Baltimore Port Closure Means 35% Drop in April Coal Exports

Closure of the Port of Baltimore 鈥 America鈥檚 second-biggest hub for coal 鈥 has choked exports of the fossil fuel, with flows expected to plunge 35% this month.

April 10, 2024
Business, Logistics

Drought Threatens to Snarl Mississippi River Traffic Again

The Mississippi River is at risk of bottlenecks for a third straight year as warm, dry spring weather and low winter snowpack limit the amount of water feeding into it.

March 21, 2024
Safety

Ice Storm Cuts Power, Scraps Flights, Coats Roads

More than 800,000 homes and businesses across the upper Midwest were in the dark on the morning of Feb. 23 after a dangerous ice storm coated roads and knocked down power lines.

February 23, 2023
Business, Fuel

Coal Hits 12-Year High, Threatening More Energy Inflation

U.S. coal prices surged to the highest level in more than 12 years, threatening to bloat America鈥檚 already soaring electricity bills and signaling the fuel isn鈥檛 going to get phased out anytime soon.

November 15, 2021
Business, Safety

Henri Losses May Reach $4 Billion as Heavy Rains Trigger Floods

Flooding from Tropical Storm Henri may cause as much as $4 billion in losses after drenching the Northeast with record rainfall.

August 24, 2021
Government, Business, Technology, Fuel

John Kerry: Carbon Capture 鈥楰ey Tool鈥 to Curb Factory Emissions

Carbon capture is emerging as a key strategy for curbing greenhouse-gas emissions from heavy industry, according to U.S. climate envoy John Kerry.

June 15, 2021
Business, Fuel

Coal to Exit US Power System by 2033, Morgan Stanley Says

Coal is on track to disappear from the U.S. power grid by 2033 as the push for a carbon-free electricity system gains strength, according to Morgan Stanley.

February 1, 2021
Government, Business, Technology, Fuel

Tesla, Utility Giants Form ZETA, Calling for 100% EV Adoption by 2030

Tesla Inc. is joining rideshare company Uber Technologies Inc., Lordstown Motors, Rivian and others to lobby for 100% electric-vehicle adoption by 2030.

November 17, 2020
Government, Business, Safety

Vast Grid Damage Will Leave Some Laura Victims in Dark for Weeks

Parts of Louisiana will be without power for weeks after Hurricane Laura caused 鈥渃atastrophic鈥 damage to the region鈥檚 grid, mangling steel transmission towers and snapping utility poles as if they were twigs.

August 31, 2020