A federal appeals court on Thursday indefinitely stayed an earlier order requiring the Biden administration to hold a November oil lease sale in the Gulf of Mexico, though it’s unclear whether the administration will immediately proceed with the sale.
Read More
Policymakers on both sides of the aisle agree that the American power grid isn’t equipped to meet the surging electricity demand of the future — but the role the fast-growing clean energy sector will play in shoring up the reliability of the power network is…
Read More
FIRST ON FOX: Sen. Ted Cruz, R-Texas, and Rep. Sam Graves, R-Mo., are leading a bicameral effort opposing the Biden administration's action last month prohibiting companies from transporting liquefied natural gas (LNG) via rail.
Read More
Oil giants Exxon Mobil and Chevron have recently announced major acquisitions of oil companies, expanding their oil and gas assets.
Read More
New York Gov. Kathy Hochul awarded power contracts Tuesday to renewable power projects capable of supplying 12 percent of the state’s electricity needs, calling it “the largest investment in clean energy in U.S. history.”
Read More
Newly minted House Speaker Mike Johnson (R-La.), who won the gavel Wednesday after three prior Republican nominees failed to reach a majority, is a longtime ally of the oil industry and will be perhaps the most vocal skeptic of the scientific consensus on climate change ever to…
Read More
About this time last year, the Wall Street Journal reported that, during his first 19 months in office, President Biden leased fewer federal lands for oil and gas development than only one other president since the end of World War II. From President Nixon on, it recounted,…
Read More
The energy sector has been abuzz with overwhelming returns for oil producers in 2022. President Biden does not appear to be pushing back against Big Oil profits despite his administration's green agenda goals for 2030. Yahoo Finance’s Rick Newman weighs in on Biden’s approach and how affordable…
Read More
General Motors is abandoning a self-imposed target to build 400,000 electric vehicles by mid-2024, the latest sign that automakers are concerned about the viability of the market for battery-powered cars.
Read More
The global demand for fossil fuels is expected to peak by 2030, according to the International Energy Agency (IEA).
Read More
