Washington — The House on Wednesday overwhelmingly passed legislation aimed at protecting Americans from shouldering the potential costs of data centers on their electricity bills.
Saudi pipeline closure is a brief interruption that will last days, U.S. Energy secretary tells CNBC
Saudi Arabia’s critical East-West crude oil pipeline will start operating again “very soon” after Iran-backed attacks forced its closure, U.S. Energy Secretary Chris Wright told CNBC in an interview Tuesday.
EPA plans to scrap Biden-era rules that limit power-plant climate emissions
The Trump administration plans to repeal Biden-era rules to limit the carbon dioxide emissions from power plants that drive climate change, according to three people familiar with the matter.
A ‘sleeper issue’ in red states this fall: Diesel prices
Republicans have been facing a problem with voters over high gasoline prices for months — but the economic pain from near-record diesel fuel prices looks set to hit at the worst possible time for them.
Oil prices surge as attacks on Saudi Arabia stoke supply fears
Oil prices have climbed above $108 a barrel after a series of drone attacks from Iraq’s territory forced Saudi Arabia to close its east-west crude pipeline. Saudi traders said the kingdom would run out of…
Court deals first blow to Trump’s coal rescue campaign
A federal appeals court on Friday rejected an Energy Department emergency order that kept a Michigan coal plant running months past its planned retirement date, delivering a stinging first blow to the Trump administration’s efforts…
IEA warns 2026 oil supply gap will widen on delayed return of normal Gulf flows
LONDON, Sept 11 (Reuters) – Global oil supply and demand look set to fall further than previously expected this year, the International Energy Agency said on Friday, as a lack of progress in ending the…
Saudi Arabia’s oil production slumps to lowest in 36 years as war bites
Saudi Arabia has reported to OPEC that its oil production plunged to its lowest since 1990 last month as the kingdom’s export routes have been squeezed by attacks by Iran and Yemen’s Houthi militia.
Google’s revived nuclear power plant gets $1.9B loan from US government
Last October, Google said it would bring an Iowa nuclear power plant back from the dead. Now the facility’s owner, NextEra Energy, has received a $1.9 billion loan from the U.S. Department of Energy to finance…
Trump: Oil prices ‘will drop precipitously’ after Iran war win
President Trump on Monday said oil prices “will drop precipitously” after the Iran war is won, as Iran seeks to maintain its control of the Strait of Hormuz with a “restricted zone.”