WASHINGTON — Today, the Department of the Interior announced a landmark agreement with TotalEnergies for the company to redirect capital from expensive, unreliable offshore wind leases toward affordable, reliable natural gas projects that will provide secure energy for hardworking Americans.
Stocks rebounded Monday morning after President Trump announced a five-day pause of airstrikes on Iranian energy infrastructure and negotiations toward a “complete and total” end to the conflict.
At a time when Americans are already struggling with rising electricity bills, 120 House Democrats have introduced the so-called “Energy Bills Relief Act.” The name sounds nice, but in reality, this bill will deliver the opposite of relief.
Last year, America was already in a serious electricity reliability crisis. The North American Electric Reliability Corporation—the body charged with assessing grid reliability—found that over half the country is facing the risk of power shortfalls over the next decade. .
Moderate New York Republicans are condemning a reported Trump administration proposal to stifle offshore wind by paying a company not to build projects off the East Coast.
As the cost of oil continues to soar, the Treasury Department on Friday lifted sanctions on 140 million barrels of Iranian crude already loaded onto vessels, which the Trump administration says will help ease prices — but which is also likely to provide revenue for Iran’s war…
The Trump administration told oil industry executives Thursday it has ruled out banning oil exports as a way to bring down energy prices amid the escalating war in Iran, according to a senior administration official who participated in the meeting.
President Donald Trump may ask oil companies to ramp up domestic production, but there isn’t much they could do that would move the needle on prices at the pump.