Energy & Climate

Oil Prices Set to Spike as Iran Declares Strait of Hormuz ‘Effectively Closed’

Crude oil and gasoline prices are expected to spike when trading resumes Monday as Strait of Hormuz tanker traffic slows to a trickle.

As Demand Grows, US Nuclear Energy Industry Faces Looming Crunch in Reactor Fuel Supply

The Department of Energy has invested billions of dollars to encourage U.S. companies to make enriched uranium.
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White House Seeking Emergency Power Auction for Nation’s Largest Electric Grid

Trump officials and bipartisan Mid-Atlantic governors urged an emergency power auction and pressed the nation’s largest grid operator to cut prices.

US Drivers See Relief as Gas Prices Dip Below $3

U.S. gasoline prices dropped below $3 per gallon for the first time in more than four years, according to the American Automobile Association.

Energy Dept Dismantles Major Biden-Era Offices, Shifts Focus to Nuclear, Fossil Fuels

U.S. Dept of Energy is dismantling key offices behind Biden-era fossil fuel transition in a major internal reorganization.

US Hits Record-High Oil Production

The US is witnessing a surge in energy production, with crude oil output at an all-time high, Interior Sec. Doug Burgum said in Nov. 3 interview.

Oil Prices Shrug Off OPEC+ Plans to Pause Supply Hikes

Crude oil prices were little changed on Nov. 3, shrugging off OPEC+’s plans to pause its supply increase in the first quarter of 2026.

Prediction of Climate Catastrophe Loses Some of Its Strongest Advocates

Bill Gates says the “doomsday view” of climate catastrophe is wrong, signaling a major shift in the global warming debate.