Oil Prices Fall After OPEC Plus Affirms Plan to Raise Production
The Saudi-led cartel said its members would start gradually pumping more oil in April.
It Is Happening Every Day, Every Where
The Saudi-led cartel said its members would start gradually pumping more oil in April.
The cost of steel pipe used to line oil and gas wells rose after President Trump said he would impose tariffs on steel and aluminum imports.
President Trump appears to be revoking a license that the Biden administration gave Chevron in 2022, potentially hurting the company and Venezuela.
The suit, filed in Alaska, is likely to be the first of many challenging the administration’s goal of expanding fossil fuel production.
Oil and gas executives welcomed President Trump’s early moves on energy policy, but many said they did not plan to increase production unless prices rose significantly.
States are using higher registration fees for electric cars to make up for declining fuel taxes, but some are punitive, environmentalists say. A federal tax could be coming.
Mr. Trump had the authority to declare two emergencies. But they also happened to advance his favorite targets: more fossil fuels and less immigration.
Legal experts said the president was testing the boundaries of executive power with aggressive orders designed to stop the country from transitioning to renewable energy.
The former North Dakota governor is expected to face sharp questions about his ties to the oil and gas industry.
The industry is pumping ever more oil and natural gas, but it is doing so with only about three-quarters as many workers as it employed a decade ago.