America’s Oil Reserve Weapon Risks Misfiring

America’s Oil Reserve Weapon Risks Misfiring

This post was originally published on this siteWashington isn’t the only player in this drama. Watch how OPEC+ nations react to the move.

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Biden could invoke Defense Production Act for critical minerals as soon as this week

Biden could invoke Defense Production Act for critical minerals as soon as this week

This post was originally published on this sitePresident Joe Biden may invoke the Defense Production Act as soon as this week to spur domestic production of critical minerals needed to manufacture batteries for electric vehicles and long-term storage, according to a source familiar with the discussions.

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Biden budget proposal includes nearly $2 billion increase for EPA

Biden budget proposal includes nearly $2 billion increase for EPA

This post was originally published on this siteThe White House’s proposed budget for fiscal 2023 would increase funding for the Environmental Protection Agency, the Energy Department and the Interior Department, according to materials shared with The Hill.The budget proposes $11 billion for the…

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FBI advised that hackers scanned networks of 5 US energy firms ahead of Biden’s Russia cyberattack warning

FBI advised that hackers scanned networks of 5 US energy firms ahead of Biden’s Russia cyberattack warning

This post was originally published on this siteHackers associated with Russian internet addresses have been scanning the networks of five US energy companies in a possible prelude to hacking attempts, the FBI said in a March 18 advisory to US businesses obtained by CNN.

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Texas and other states want to ‘boycott’ fossil fuel divestment

Texas and other states want to ‘boycott’ fossil fuel divestment

This post was originally published on this site A Texas model law was written by the head of a group that opposes climate action and takes money from fossil fuel interests. It could shift billions away from major investment firms. (Image credit: Tony Gutierrez/AP)

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Oil plunges below $100 a barrel and loses ‘quarter of its value’ after 14-year high

Oil plunges below $100 a barrel and loses ‘quarter of its value’ after 14-year high

This post was originally published on this site U.S. consumers could see a drop in gas prices after oil tumbled below $100 a barrel on Monday. CNN reported that oil dropped 8% to hit a low of $99.76 a barrel. “That means oil has lost almost roughly quarter of its...

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Without a Nuclear Deal, How Close Is Iran to a Bomb?

Without a Nuclear Deal, How Close Is Iran to a Bomb?

This post was originally published on this siteWith tensions escalating between Washington and Moscow over Russia’s invasion of Ukraine, world powers and Iran have suspended their efforts to revive the 2015 accord limiting Iran’s nuclear program in exchange for sanctions relief. The agreement was designed to slow Iran’s nuclear program...

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‘It’s not fun:’ Soaring gas prices are walloping Americans but hitting lower-income hardest

‘It’s not fun:’ Soaring gas prices are walloping Americans but hitting lower-income hardest

This post was originally published on this siteAs gas prices skyrocket, Americans are cutting back and economic growth will slow. Lower-income households are especially hard hit.     

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Pence advocacy group launches $10 million ad campaign hitting Biden on Ukraine and energy

Pence advocacy group launches $10 million ad campaign hitting Biden on Ukraine and energy

This post was originally published on this siteMike Pence’s advocacy group has launched a $10 million ad campaign hitting the Biden administration on US energy policy and the Russian invasion of Ukraine.

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