Today’s headlines: California sues over wind buyout, Trump makes an oil deal with Venezuela, and more

This roundup of U.S. energy news headlines is part of our Canary Media Daily newsletter. Sign up to get it in your inbox each morning.

WIND

• California files a lawsuit seeking to block the Trump administration’s deal paying off Golden State Wind to abandon its offshore wind leases along the state’s coast, saying the agreement jeopardizes thousands of jobs and the state’s investments in the industry. (New York Times)

FOSSIL FUELS

• The Trump administration announces a deal with Venezuela to take majority control of 65 billion barrels of oil reserves, which President Donald Trump says he will use to refill the Strategic Petroleum Reserve. (CNBC)

• The Trump-hyped Freedom Fuel gas station network, which sells fuel at prices lower than market averages, owes $4 million to a supplier it never paid, according to a lawsuit filed earlier this month. (NBC Philadelphia)

TRANSPORTATION

• The Department of Transportation moves to loosen fuel efficiency standards for medium- and heavy-duty commercial trucks that were established under the Obama administration. (The Hill)

• West Coast officials launch an effort to establish a zero-emissions truck corridor from Canada to Mexico by 2030 that would include shared policies and standardized public chargers along one of the nation’s busiest freight corridors. (Los Angeles Times)

POLITICS

• Electricity prices are replacing oil and gasoline costs as a top issue in elections in the U.S. and Europe. (Politico)

STORAGE

• While battery storage developers can use the federal investment tax credit to offset as much as 30% of their costs, the emergence of cheaper imported batteries means meeting the incentive’s rigorous standards may not be worth it. (Latitude Media)

• Massachusetts-based battery recycling startup Nth Cycle receives a $100 million federal grant it will use to help fund construction of a refining facility in South Carolina. (Boston Globe)