Energy & Climate

00:04:41

US Energy Secretary Forecasts Oil, Gas Prices to Drop as Strait Traffic ‘Back to Normal’

Energy & Climate The Epoch Times -
U.S. Secretary of Energy Chris Wright said on June 21 that commercial shipping traffic through the Strait of Hormuz is “back to normal”.

US National Gas Average Drops to $4.24

Energy & Climate The Epoch Times -
The national average price of regular gasoline was $4.24 per gallon on Thursday, down 18 cents since last week and registering the second consecutive weekly decline in prices.
MAGA Business MAGA Business
00:01:05

World Bank Warns Oil Demand Destruction Is Spreading Globally Amid Strait of Hormuz Disruptions

Energy & Climate The Epoch Times -
World Bank warns Strait of Hormuz disruptions and Middle East conflict are causing a global oil shock suppressing energy demand globally this year.
00:00:53

DOJ Sues Minnesota to Block Climate Lawsuit Targeting Energy Companies

Energy & Climate The Epoch Times -
The U.S. Department of Justice (DOJ) is suing Minnesota over the state’s own climate lawsuit against major energy companies.
00:04:34

OPEC+ Approves 3rd Oil Output Increase as Hormuz Tensions Persist

Energy & Climate The Epoch Times -
OPEC+ said Sunday that seven member countries will raise oil output targets by 188,000 barrels per day in June.

US Exports of Crude and Petroleum Products Hit Record Highs

Energy & Climate The Epoch Times -
America’s energy exports have hit record highs as the world navigates the uncertainty surrounding oil and gas shipments through the Strait of Hormuz.
00:03:02

Chevron Agrees on Asset Swap in Venezuela to Focus on Heavy Oil Projects

Energy & Climate The Epoch Times -
Chevron reached agreements with the Venezuelan government to expand its operations in the world’s largest extra-heavy crude oil field, the Orinoco Belt.
00:00:54

9th US LNG Plant Begins Operations in Race to Replace Production Lost in Iran War

Energy & Climate The Epoch Times -
Golden Pass LNG has begun production and is set to export LNG soon, helping offset global shortages after Iran damaged Qatar’s export capacity.
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