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IEA chief warns commercial oil inventories are depleting rapidly, only weeks left

PARIS, May 18 (Reuters) – Fatih Birol, head of the International Energy Agency, said on Monday ​that commercial oil inventories were depleting rapidly with only a few weeks worth ‌left due to the Iran war and the...

Which states have the highest gas taxes?

(NEXSTAR) – President Trump and Energy Secretary Chris Wright earlier this week voiced support for a suspension of the federal gas tax, as part of an effort to mitigate the rising prices of gasoline and diesel fuel...

Court dismisses challenge to California oil platform’s approval

ENERGYWIRE | A federal court rejected a lawsuit from environmental and Indigenous groups Thursday challenging the Interior Department’s authorization to restart an offshore oil and gas drilling platform off California.

AI Data Center Demand Drove 76 Percent Surge in Wholesale Power Prices Across East Cost Grid

Wholesale electricity prices across America’s largest power grid jumped 76 percent in the first quarter of 2026, driven by surging demand from AI data centers, according to Monitoring Analytics, the independent market monitor for PJM Interconnection.

A closely guarded plan to cool Earth is revealed

A company that aims to make billions of dollars by cooling the Earth has lifted the veil of secrecy that until now has hidden its plans for preventing sunlight from overheating the planet. It hinges...

Oil prices up 3% after Trump says he is losing patience with Iran

LONDON, May 15 (Reuters) – Oil prices ‌gained more than 3% on Friday after U.S. President Donald Trump said his patience with Iran is running out, adding to concerns over the lack of progress on...

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