Oil Prices Notch Biggest Gain in Nearly a Year After OPEC's Surprise Output Cut
Oil prices soared as much as 8% on the open after OPEC+ announced it was slashing output by 1.16 million barrels per day.
Biden Administration Approves Alaska's Willow Oil Drilling Project. Here's Why That's Controversial
Supporters say a major oil project President Joe Biden is OK’ing on Alaska’s petroleum-rich North Slope represents an economic lifeline for Indigenous communities while environmentalists say it runs counter to his climate goals.
Biden Administration Approves Major Oil Development, Angering Some
The Biden administration has issued a long-awaited study that recommends allowing a major oil development on Alaska’s North Slope.
Gas Stove Debate Reignites as Energy Department Proposes New Standards
nergy Department put the gas stove debate on the front burner again Wednesday by proposing new efficiency standards for consumer cooking appliances.
House GOP Passes Bill to Restrict Biden's Use of Emergency Oil Stockpile
A GOP bill approved Friday would require the government to offset any non-emergency withdrawals from the Strategic Petroleum Reserve with new drilling on public lands and oceans.
Ban New Gas Stoves, a Federal Safety Commissioner Proposes; CPSC Says No Such Official Plan Yet
A commissioner with the U.S. Consumer Product Safety Commission is proposing a ban on gas stoves, calling them a “hidden hazard.” In an interview with Bloomberg News, Richard Trumka Jr. said all options would be on the table to regulate the appliances, which have been shown to be harmful to both human health and the environment, according to the...