Energy
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White House discussed using Defense Production Act to expand U.S. refining capacity: report
The proposal came up during a recent meeting between President Donald Trump and a dozen U.S. refiners, where they discussed the ways in which the federal government could support increased refining capacity.
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Nuclear energy continues comeback as Energy Department directs loan to restart third shuttered plant
With no reactors under construction, the restarts offer the most immediate options to grow nuclear power in the U.S. Opposition to the restarts, and nuclear power in general continues, but it’s lost the clout it once had to block and delay projects.
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US crude oil prices pass $100 per barrel as Trump says war in Iran will end after midterms
The last time WTI prices broke the $100 per barrel mark was in May, after which they fell following the announcement of an interim peace agreement with Iran. That agreement has since expired, and global markets are responding as hostilities continue.
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Oil prices break $100 per barrel mark following attacks on oil facilities and ships in Middle East
The average price for a gallon of gas in the U.S. was $4.22 on Wednesday. California drivers were paying the highest, and Indiana drivers were paying the lowest.
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Nuclear agreement with Iran may not be possible, Energy Secretary Wright says
Wright said that the effort to block the Middle Eastern country from obtaining nuclear weapons has been going on for 47 years, and the U.S. will "get the job done." Exactly how remains an uncertainty.
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West Virginia sues Pennsylvania over energy credit limits
Suit alleges Pennsylvania illegally blocks its power producers from selling energy credits to other states.
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Diesel prices hit record highs, pushing up costs for a variety of goods as shipping costs rise
Because diesel powers freight and delivery networks, as well as agricultural machinery, the high costs of fuel will impact a long list of everyday goods.
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US-Venezuela oil deal could help secure American dominance if domestic shale production declines
America’s energy dominance comes from extracting oil from shale deep underground better than anyone, but those wells decline over time. Diverse resources abroad could help the U.S. maintain its position as a world energy leader.
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USDA called on to end connections to net zero program P2DNZ
P2DNZ describes itself online as dedicated to “reducing dairy’s greenhouse gas…emissions over the next 30 years.”
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Louisiana positioned as key gateway for Venezuelan crude
Trump administration is pushing to sharply increase Venezuelan oil production and direct more of it toward the United States.
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Under new president, Syrian pipeline may offer alternative route to Strait of Hormuz: report
Under its new president, Ahmed al-Sharaa, Syria is selling itself as a relatively stable alternative, and international government and energy companies are showing interest.
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U.S. military joins mini-nuclear reactor revolution as installations modernize their electric grids
Fort Bragg, four other installations in pact for nuclear microreactors .
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Chevron says it will expand operations in Venezuela, including a $7 billion investment over 5 years
The announcement comes just days after President Donald Trump announced a deal to develop the nation's oil reserves and give the Pentagon a stake in the profits.