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U.S. ENERGY INFORMATION ADMINISTRATION
Oil prices are high but could be much worse. Trump has China's Xi to thank for thatChina's vast oil reserves and reduced imports helped stabilize global prices. This strategy mitigated the impact of the ongoing conflict in...- Trump administration begins building border wall in Texas' Big Bend regionBorder wall construction has commenced in Texas's Big Bend region. This marks a significant step in the administration's extensive border s...
- A global AI safety strategy depends on US-China cooperation. They each see the other as the problemBut both countries are vying for a decisive advantage on AI, with Trump warning that any efforts to regulate the technology would help Chin...
- Trump's pressure on NATO is reshaping Europe's defences. Will it break the alliance?European nations are increasing defence spending and exploring alternatives to American military technology. This shift is happening as dou...
- Gold ticks up from near six-week low as investors weigh Fed outlookOn Thursday, gold prices slightly increased after previously touching a six-week low, responding to the U.S. Federal Reserve’s hike in inte...
- Oil prices extend losses as fears of Middle East supply disruptions easeOil prices fell further on Thursday, building on losses from the day before, largely influenced by Saudi Arabia's promise of more crude. Re...
- Gold falls more than 1% after Fed hikes interest ratesGold prices fall more than 1% after the US Federal Reserve raises interest rates and signals further hikes, pushing the dollar higher and w...
- US officials met Iran-backed Houthis in Oman over the weekend, sources sayUS officials met with Yemen's Houthis in Oman over the weekend. The Houthis assured American officials they would not attack US vessels. Th...
- How Trump's war on EVs derailed America's auto-factory revival | ExplainedUS electric vehicle projects and jobs face setbacks due to policy shifts. Automakers canceled billions in investments and thousands of jobs...
- Iran war cost hits $38 billion, forecast to rise $3 billion a month, CBO saysThe six-month U.S. war against Iran has cost $38 billion through August 1, with expenses projected to rise by $3 billion monthly, the Congr...
- Trump’s DHS voter hunt may put federal workers in violation of state laws: WhistleblowerA whistleblower claims the Trump administration's voter initiative misrepresents federal employees. This effort reportedly uses unreliable ...
- Houthi advance in Yemen puts U.S. in a new bindA Houthi advance along Yemen’s coast and seizure of Perim island have increased the group’s ability to threaten the Bab el-Mandeb Strait, r...
- Federal court rejects Trump order keeping Michigan coal plant openA federal court ruled against the Energy Department's authority to extend a coal plant's operation. The court found no emergency existed to...
- US Federal court rejects Trump order keeping Michigan coal plant openA US federal court ruled against the Energy Department's authority. The court found the department exceeded its powers last year. This deci...
- White House weighs how to use Defense Production Act to expand US oil refining capacity, sources sayThe White House is exploring using the Defense Production Act to boost oil refining capacity. This consideration follows President Trump's ...
- Penn State measured a green roof during a June 2002 heat spell; its membrane peaked near 30°C, while the uncovered roof surface climbed to nearly 70°CGreen roofs present a remarkable solution for enhancing temperature control in urban environments, effectively lowering surface temperature...
- Dollar holds gains, yen slips as Mideast energy shock deepensCurrently, the dollar stands firm near its weekly highs, whereas the yen is on a downward trajectory, fueled by apprehensions surrounding e...
- Oil surges 6%, Brent and US crude both surpass $100 on more tanker attacksOil prices climbed over one hundred dollars per barrel on Thursday amid escalating attacks on shipping lanes. The surge was driven by fears...
- Brent holds above $100 as tanker attacks deepen supply fearOil prices are holding steady as Brent crude exceeds one hundred dollars per barrel. Traders are anticipating further supply interruptions ...
- The Venezuelan billionaire the US investigated for money laundering now has a Pentagon oil dealBillionaire Alejandro Betancourt, once investigated by US authorities over alleged money laundering linked to Venezuelan state oil firm PDV...
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