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Biden Sets Last-Minute Auction of Arctic Refuge Oil Rights

The Biden administration plans to sell drilling rights in the Arctic National Wildlife Refuge, a last-minute maneuver that could complicate the incoming administration’s plans.

December 9, 2024

Trump’s Energy Nominee Chris Wright Champions Fossil Fuels

Liberty Energy CEO Chris Wright is President-elect Donald Trump's nominee to head the Department of Energy. He favors fossil fuels and has doubts about electric vehicles.

December 4, 2024

Volatility Retreats in Crude Oil Market

With OPEC+ set to make a pivotal decision on production policy, oil prices remain resolutely rangebound, even with a second Donald Trump presidency imminent.

December 4, 2024

Average Diesel Price Rises Just a Tenth of a Cent to $3.540

The U.S. average diesel price rose by just a tenth of a cent to $3.540 per gallon for the week ending Dec. 2, according to the latest data from the U.S. Energy Information Administration.

December 2, 2024

Germany Assumes $629M in Northvolt Debt After Insolvency

Germany will assume more than 600 million euros ($629 million) of debt that its development bank extended to Northvolt AB for the construction of a battery plant in the country.

December 2, 2024

Rising Fuel Taxes to Hit Three States; California Warned

While no specific tax increase is taking effect in California, at least two state lawmakers are raising alarm about a set of regulatory and business circumstances that could send pricing soaring.

December 2, 2024

Stellantis Might Shutter UK Van Plant Over EV Rules

Stellantis had already threatened to pull the plug on its U.K. operations, warning about the impact of what it says are the country’s too stringent EV targets.

November 26, 2024

Exxon Exec Says Oil Output Won’t Surge Despite Trump Agenda

Oil and gas producers in the U.S. will not raise output significantly in the coming years despite calls from President-elect Donald Trump to “drill, baby, drill,” said an Exxon executive.

November 26, 2024

Newsom, Musk Clash Over California EV Incentive Plan

Gavin Newsom is positioning California as a foil to Donald Trump’s policies, laying the groundwork for resistance on everything from deportations to regulation rollbacks.

November 26, 2024