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The Strait of Hormuz Has Been Closed for 100 Days. Why Aren’t Oil Prices Higher?

Last week, President Donald Trump claimed a secret US mission had moved 100 million barrels of oil through the Strait of Hormuz while it was blockaded. The claim landed in an industry already consumed by the question of how...

Ohio Affordable, Reliable, and Clean Legislation Passes the Ohio Senate

This week, Ohio Senate Bill 294 passed the Ohio Senate. This legislation provides guidance to the state’s Power Siting Board on the intent of the General Assembly that the energy powering the Buckeye State should be “affordable,...

US oil reserves drop towards Reagan-era lows, ‘significant impact at the pump’ coming, experts warn

The U.S. Strategic Petroleum Reserve (SPR) is dropping toward Biden-era lows toward levels not seen since the Reagan administration.

Once an Arab oil embargo victim, US becomes world’s top oil exporter

HOUSTON, June 11 (Reuters) – The United States has become the world’s largest oil exporter, upending a decades-old order long dominated by Saudi Arabia and Russia, a shift that tightens American companies’ grip on ​energy...

Dow surges 900 points, Nasdaq, S&P 500 soar as Trump suggests deal with Iran is close

US stocks surged after President Trump said he called off strikes planned for tonight against Iran and suggested a peace deal was close, in a stark reversal from tensions that have helped fuel the latest market...

Federal government to pay North Dakota $28M for Dakota Access Pipeline protests

North Dakota will receive roughly $28 million from the federal government in compensation for costs the state incurred during the Dakota Access Pipeline protests as part of a settlement announced Thursday.

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