The U.S. Federal Reserve announced Wednesday that it will not raise interest rates for now, but with its new economic forecast, suggests it will raise
On Wednesday the Biden administration announced it would cancel seven Trump-era oil and gas leases in Alaska. The leases cover 365,000 acres in the Arctic
The Bureau of Ocean Energy Management (BOEM) has removed 6.4 million acres from an upcoming oil and gas lease in the Gulf of Mexico. The
Scientists at California’s Lawrence Livermore National Laboratory have recently successfully triggered a nuclear fusion reaction which resulted in a net gain of energy, or producing
Oil prices have surged to the highest levels in months after Saudi Arabia announced that it would extend its production cuts for another month. Oil prices
Patrick De Haan, head of petroleum analysis for GasBuddy, says that U.S. gasoline prices could spike 10 to 25 cents this week due to rising
More than 100 energy and farm trade groups, led by the American Petroleum Institute, have sent a letter to President Biden expressing concerns about the
The Department of Energy (DOE) approved a $9.2 billion loan for Ford and its battery manufacturing partner to build three electric vehicle battery plants in
OPEC+ oil producers have announced that from May until the end of the year, production will be cut by a total of 1.15 million barrels
On Monday President Biden issued his first veto after Congress voted to nullify a Labor Department rule allowing fund managers of retirement plans to consider
With the approval of the Willow Project in Alaska, ConocoPhillips is projecting that once online, it will deliver an estimated 65 million barrels of oil
A federal database that shows the number of unused approved oil and drilling permits was quietly updated by the Biden Administration who reduced the number
The family of John Kerry quietly sold their Gulfstream G-IV jet last summer about a month after Fox News reported the aircraft had been used
The Biden Administration announced it will sell another 26 million barrels of oil from the Strategic Petroleum Reserve (SPR) in an apparent effort to forestall
Seymour Hersh, Pulitzer Prize-winning journalist, has alleged U.S. Navy divers planted remotely triggered explosives that destroyed the Nord Stream 2 natural gas pipeline last September.
On Tuesday President Biden delivered his State of the Union Address calling for Congress “to restore the soul of this nation.” He urged Congress to
Countering Biden’s State of the Union speech, former President Donald Trump gave his own take on the state of America. Trump blasted Biden on a
In an apparent reversal of policy, the Biden Administration is expected to allow a limited expansion in drilling for oil in Alaska as part of
Energy Secretary Jennifer Granholm said that President Biden would veto GOP House Bill H.R. 21 called the Strategic Production Response Act, which would limit his
Oil industry experts are criticizing the Biden Administration over its response to the news that Chevron and Exxon Mobil will be pulling back from international
The Biden Administration has announced it intends to purchase up to 3 million barrels of oil deliverable in February to begin the replacement of the
The North American Electric Reliability Corporation (NERC), a non-profit which analyses and makes recommendations concerning America’s electrical grid, has released its annual report which finds
The 2022 Georgia Senate Runoff Election was triggered when Democratic incumbent Sen. Raphael Warnock failed to reach 50% of votes over opponent Republican Herschel Walker
American Petroleum Institute president and CEO Mike Sommers predicts that the U.S. will face another “major oil crisis in the next few weeks” as a
The first all-electric semitrailer trucks by Tesla are being delivered to PepsiCo on Thursday. The electric carmaker expected completion in 2019 but experienced a three-year
Fox News correspondent Peter Doocy interrogated John Kirby, strategic communications coordinator at the National Security Council, on Biden’s decision allowing Chevron to drill in Venezuela.
Saudi Arabia is denying a Wall Street Journal report that it plans to increase oil production after the upcoming December 4th meeting of the OPEC+
The Biden Administration will give a $1.1 billion grant to extend the life of a nuclear power plant in California. The Diablo Canyon Nuclear Power
Biden affirmed his administration’s position on petroleum production at a political rally held in New York last Sunday when he blurted out, “No more drilling.
Senior Research Associate Ben Brown of the Food and Agricultural Policy Research Institute, part of the University of Missouri, says that “We’re in a period
ISO New England, the region’s power utility, issued a warning that tight supply of natural gas could lead to the use of rolling blackouts to
The U.S. has only 25 days of diesel supply, the lowest level for October recorded since 2008, according to the Energy Information Administration (EIA). National
In light of the White House’s request to Saudi Arabia, experts concluded that Biden is trying to safeguard his reputation during the upcoming elections. “What’s
The Biden Administration has allowed an ongoing error in its oil and gas leasing permitting process to delay and create a backlog of applications for
Saudi Arabia has issued a statement saying that the Biden Administration urged OPEC+, which includes Russia, to delay the recent production cuts by a month.
The Strategic Petroleum Reserve (SPR) under the Biden Administration has hit a new low of about 416 million barrels, down from 638 million barrels when
A potential railroad strike was averted by a final agreement between the Presidential Emergency Board and 12 railroad unions. A major strike in the railroad
The U.S. Strategic Petroleum Reserve (SPR) is down to about 442.5 million barrels as of September 2nd. The last time it was this low was
More than 100,000 railroad workers are considering striking over pay, health care and other issues. Negotiators have made some progress with agreements reached on 8
Treasury Secretary Janet Yellen is warning that, despite the reprieve that Americans have had since gas prices peaked in June at over $5 per gallon,
Xcel, a Colorado power company, last week used a voluntary program to block 22,000 participating customers from adjusting their thermostats for several hours as outside
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