Energy
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An ‘October surprise’ from China could spike oil prices ahead of midterm election for Trump
Supply and demand: Beijing has decreased importing oil since the Iran war began, keeping oil prices lower than they otherwise would have been. Analysts say China's restraint could soon end, presenting President Trump with challenging increases in gas prices ahead of the midterms.
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U.S. oil prices pass $92 per barrel as Iran-backed Houthi militants attack tankers in Red Sea
While West Texas Intermediate prices were in the low $90s per barrel, the global benchmark, Brent, passed $100 per barrel on Thursday.
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Saudis reach agreement with U.S. that may allow Islamic kingdom to enrich uranium: report
The deal is intended to further positive relations between the U.S. and Saudi Arabia as the latter's relationship with Iran deteriorates in the wake of the war.
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Texas Railroad Commission could serve as a regulatory model for Venezuela, analyst says
Today, Texas produces 5.7 million barrels of oil per day, the largest producing state ahead of North Dakota. This growth happened under the oversight of the Texas Railroad Commission. Venezuela's oil deposits may hold as much as 1 trillion barrels of oil.
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North America's first lithium refinery built and completed in Texas
The facility is part of Texas Gov. Greg Abbott’s goal for Texas to lead in reducing reliance on China for critical minerals and technology.
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Mitsubishi buys Louisiana, Texas shale gas assets for $7.5B
Daily gas production in the Haynesville region in early 2026 has averaged about 14.3 billion cubic feet, with Aethon accounting for 15%.
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House Judiciary Committee probes climate lawyers’ involvement in controversial judicial training
The committee is investigating two attorneys involved in key climate cases to see whether they were consulted on materials that were used in a program that instructs judges overseeing climate cases.
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Licensing of offshore ports shifts in effort to speed projects
The Administration, which had led other aspects of the permitting process, will now serve as the lead in federal environmental reviews of infrastructure projects located more than 12 miles off the U.S. coast that seek to import and export oil and gas.
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Importing Venezuelan oil one proposal among many to refill the Strategic Reserve depleted by Biden
Created 50 years ago in the wake of the 1972 OPEC oil embargo, the Strategic Petroleum Reserve exists today in a very different world. Some analysts are asking how it can be utilized more strategically in this energy landscape. Biden tapped into it to lower gas prices in a political pandering effort.
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U.S. makes first sale of Venezuelan oil
The sale netted $500 million.
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Nantucket nonprofit, businesses file lawsuit, alleging offshore wind is crushing their operations
Dan Pronk has been a commercial fisherman for 40 years. He says Vineyard Wind destroyed his lobster business. Pronk and a whale-watching business are joining a coalition led by Nantucket-based ACK4Whales in suing the federal government, alleging federal agencies violated the law when they permitted the offshore wind project.
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New England ratepayers may save up to $700 billion by swapping renewables for gas: study says
The study found enormous cost savings if New England's demand for electricity was met with nuclear, natural gas, or a combination of the two. by 2050. It would also prevent dangerous blackouts that could last 18 hours under the renewables-only scenario.
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Trump seeks deals with oil companies as he tries to secure American interests in South America
Trump has a lot of interest in revitalizing Venezuelan oil production, including the leverage it will give the U.S. over China. Some oil companies want much more assurance before they'll risk investing in the county's industry, but others say they're ready to get started now.