Energy

The Labor government plans to establish a state-owned fuel security reserve.

As part of the plan, Labor will establish a government-owned Australian Fuel Security Reserve with a capacity of around one billion litres.

Mike Wirth said the United States won’t be able offset all the lost oil, LNG, and refined-product that flows to to Europe and Asia.

Wall Street gains offered some relief Tuesday, but ongoing tensions in the Gulf kept supply concerns and volatility elevated.

Abu Dhabi’s move could loosen quota discipline, accelerate direct oil deals, and put pressure on prices once Hormuz risks ease, experts say.

State energy officials called the deal bad for renewables while federal officials considered the cancellations a boon for taxpayers and energy dependability.

Federal lawyers said Minnesota is using consumer-protection laws to regulate greenhouse gas emissions beyond its borders.

Gas prices reached as high as $6.10 per gallon in California on May 3, according to AAA. The national average hit $4.44 per gallon.

The program includes a statewide audit of suitable sites along the coast.

Both oil giants said the ongoing energy shortage brought on by the Iran war had not changed their plans.

The tax recovery regulation is part of the One Big Beautiful Bill Act signed by Trump last year.

The release is structured as an ‘emergency exchange’ that oil companies must return later.

The price of oil remains above $100 per barrel, and gasoline prices are at four-year highs.

The real Chernobyl scandal isn’t the 1986 explosion: it’s the 40-year disinformation campaign built on top of it, energy specialists told The Epoch Times.

Brent crude rose above $126 per barrel in early trading on April 30 for the first time since 2022.

The World Bank says that energy prices are expected to climb by 24 percent in 2026 amid the Iran war.

Iran’s hold on the waterway causes international pain while U.S. Navy’s worldwide hunt for ’shadow fleet' tankers is aimed only at Iran.

The policy made new home construction ineligible for USDA or FHA-backed mortgages unless it complied with ‘burdensome’ energy conservation standards.

The agency’s scaled-back budget request is essentially the same as last year’s, little of which was adopted by Congress.

The national average price for a gallon of gas reached $4.17 on Tuesday.

The Labor government plans to establish a state-owned fuel security reserve.

As part of the plan, Labor will establish a government-owned Australian Fuel Security Reserve with a capacity of around one billion litres.

Mike Wirth said the United States won’t be able offset all the lost oil, LNG, and refined-product that flows to to Europe and Asia.

Wall Street gains offered some relief Tuesday, but ongoing tensions in the Gulf kept supply concerns and volatility elevated.

Abu Dhabi’s move could loosen quota discipline, accelerate direct oil deals, and put pressure on prices once Hormuz risks ease, experts say.

State energy officials called the deal bad for renewables while federal officials considered the cancellations a boon for taxpayers and energy dependability.

Federal lawyers said Minnesota is using consumer-protection laws to regulate greenhouse gas emissions beyond its borders.

Gas prices reached as high as $6.10 per gallon in California on May 3, according to AAA. The national average hit $4.44 per gallon.

The program includes a statewide audit of suitable sites along the coast.

Both oil giants said the ongoing energy shortage brought on by the Iran war had not changed their plans.

The tax recovery regulation is part of the One Big Beautiful Bill Act signed by Trump last year.

The release is structured as an ‘emergency exchange’ that oil companies must return later.

The price of oil remains above $100 per barrel, and gasoline prices are at four-year highs.

The real Chernobyl scandal isn’t the 1986 explosion: it’s the 40-year disinformation campaign built on top of it, energy specialists told The Epoch Times.

Brent crude rose above $126 per barrel in early trading on April 30 for the first time since 2022.

The World Bank says that energy prices are expected to climb by 24 percent in 2026 amid the Iran war.

Iran’s hold on the waterway causes international pain while U.S. Navy’s worldwide hunt for ’shadow fleet' tankers is aimed only at Iran.

The policy made new home construction ineligible for USDA or FHA-backed mortgages unless it complied with ‘burdensome’ energy conservation standards.

The agency’s scaled-back budget request is essentially the same as last year’s, little of which was adopted by Congress.

The national average price for a gallon of gas reached $4.17 on Tuesday.