Energy
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U.S. military assisted transporting 660 million barrels of oil through Strait of Hormuz: CENTCOM
While the shipments help supply global markets and mitigate energy price shocks, they still don't quite match the 20 million barrels of oil per day that flowed prior to the war in Iran.
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U.S. military establishes stealth corridor through the Strait of Hormuz: report
About 10 million barrels of oil per day have slipped past the Iranian blockade utilizing the secret route.
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Independent oil producers expected to sign deals with Venezuela's state-run oil company
The agreements will help advance the Trump administration's efforts to boost production in the country whose oil industry was ravaged by decades of socialist policies.
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California new requirement for energy-efficient tires criticized over cost, regulatory overreach
The average tire prices could increase from $81 to $157, raising the costs to over $300 per car, according to the Tire Industry Association.
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Fuel shortages spread across some regions in Russia, prompting restrictions on sales
The crisis began gaining momentum in May, and by July, it had spread to almost all regions of Russia as drone attacks shutdown several refineries.
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Historic federal land in Louisiana eyed for natural gas expansion
The land officially becomes available for Venture Global to buy on Aug. 21.
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Denver judge affirms city’s ban on gas appliances
Ruling a a win for the Sierra Club, which joined Denver in defending the laws, and a loss for restaurants.
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Blue states with climate or net-zero policies have higher energy rates, report finds
“Blue States, High Rates” study analyzes climate and net-zero policies in each state and shows that the common factor when it comes to high electricity rates is whether a state has these policies in place. And those are primarily blue states.
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Energy prices higher in blue states due to policies, report finds
California’s rates are the second-highest nationwide at 27.63 cents per kWh in 2025, more than double the national average of 13.63 cents.
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Illinois Gov. Pritzker asks oil execs to return profits to drivers
In his letter, Pritzker provides executives an Aug. 21 deadline to agree to multiple requests he made of the companies.
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Sen. Whitehouse leads Dem brief in climate case, doesn’t disclose donations from climate law firm
The Democrat lawmakers’ brief to U.S. Supreme Court argues about alleged “fossil fuel” funding for those filing briefs in support of energy companies. Yet, Whitehouse himself has received campaign donations from partners at Sher Edling, a law firm spearheading the climate litigation campaign.
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Trump administration reimburses company for offshore wind lease in $1.22 billion settlement
RWE U.S. Offshore will use the settlement money to redirect resources into "energy projects that can be advanced with certainty," which includes LNG infrastructure and natural gas-peaking power plants.
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Used electric vehicle prices improving after historically terrible resale values: analysis
While the trend would be a positive for those looking to sell their used EVs, it also means that those looking to buy a used EV will face higher prices, which are typically more expensive than gasoline-powered vehicles.