Axios

A new working paper from UC Berkeley business professor Lucas Davis charts the share of U.S. homes that use electricity as their main heating source.

By the numbers: It went from 1% in 1950 to almost 40% by 2018. The paper, using Census data, maps it through the decades (two snapshots are above).

Anyone thinking that the immediate past is a prologue for Capitol Hill dealmaking could be in for rough years ahead.

Catch up fast: In late December, Congress passed and President Trump signed legislation to cut a major greenhouse gas, extend clean energy tax incentives and bolster Energy Department tech deployment programs.

2021 can't be worse for oil companies than 2020, but wow is that a low bar, and a new survey shows that executives see a mixed picture ahead.

Driving the news: U.S. prices hit their highest levels since February early today before receding.

The Trump administration will unseal bids Wednesday for drilling leases in the Arctic National Wildlife Refuge as it looks to kickstart the yearslong development process before Biden takes office.

Why it matters: The lease sale will help answer something of a mystery — how interested are companies in the refuge at this point?

From presidential aspirations to oil to corporate positioning, here’s what I’m watching this year.

The big picture: After the year that wasn’t, well, everything we thought it would be, 2021 will be a messy mix of the pandemic (still) and reviving all that it sidelined on all things, including energy and climate change.