Daily on Energy: Liberals ask Garland for climate suits, oil gains most since Russia invasion, and Vogtle 3 comes online

LIBERAL SENATORS’ FOSSIL FUEL PLEA TO GARLAND: Liberal senators are calling on Attorney General Merrick Garland to bring lawsuits against the biggest fossil fuel industry for what they say is a coordinated effort to mislead consumers and downplay climate change in pursuit of profits amid record-breaking temperatures.

The senators likened the fossil fuel industry’s efforts to the tobacco industry’s campaign to bury the dangers of smoking while pushing tobacco products onto young people – stating that both industries have used the same public relations firm and researchers since the 1950s. OIL ON TRACK TO SEE BIGGEST MONTHLY GAIN IN MORE THAN A YEAR: Oil prices are set to post their biggest monthly gains in more than a year today, amid expectations that Saudi Arabia will extend its 1 million bpd voluntary supply cuts through September, tightening supplies and outpacing expected demand growth.

Still, the bank left its Brent forecasts for the end of the year unchanged, at $86 per barrel, with an expected increase of up to $93 per barrel in the second quarter of 2024. Another win for Georgia Power: It was cleared by the National Regulatory Commission to begin loading nuclear fuel into its Unit 4 reactor, slated to come online either late this year or early 2024, officials said. It plans to begin loading the fuel in September.

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