Energy
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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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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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Feds’ climate ‘attribution science’ report rebuked for influence from litigators, activists
Critics say a new report from the taxpayer-funded National Academies of Science, which claims to produce objective research, explicitly seeks to aid climate lawsuits.
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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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Average U.S. gasoline prices hit $4 per gallon again as hostilities with Iran resume
Indiana had the cheapest average gas price, at $3.35, while California drivers were paying the most, at $5.50 per gallon.
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Mitsubishi finalizes $7.5B purchase of Louisiana gas assets
Taken together, Japanese multinationals will produce an estimated 4.5 billion cubic feet per day or about 30%-35% of the Haynesville region’s total natural gas in 2026.
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Gas prices start to rise in Southwest after end of ceasefire
Costs remain particularly high in the Southwest, with the average gas price at $5.43 a gallon Friday in California. That was also the price in Hawaii.
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Fossil fuels still dominate globe, despite trillions of dollars spent on energy transition: report
In 2025, fossil fuels provided 86.3% of the world's total energy. That's down from 83.6% the previous year. Renewables showed large year-over-year gains, but one researcher estimates that at the current pace, it will take centuries for the world to reach net-zero emissions.
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Germany to slash climate fund by $34 billion through 2030 as part of an effort to reduce spending
The government has argued that a subsidy program it launched to lower energy-intensive industries will justify cuts to the climate and transformation fund.
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Oil prices go over $80 per barrel as Trump threatens to take over Strait of Hormuz
Between July 6 and July 14, the West Texas Intermediate price of oil went up approximately 13%, and Tuesday's price brings the market back to where it was last month prior to any ceasefire agreements.