Energy Information Administration

Michigan drivers are feeling the pinch at the gas pump this week, with gas prices rising 12 cents since last week, according to AAA.

President-elect Donald Trump is reportedly considering an executive order that would protect gas-powered appliances such as stoves.

Data from the Department of Energy (DOE) found that electricity costs 3.5 times more than natural gas.

A recent report from the U.S. Energy Information Administration revealed that Iran made $144 billion in illegal oil sales in the first three years of the Biden administration.

On Tuesday, former President Donald Trump emphasized that addressing America's economic challenges starts with lowering energy costs, reinforcing his pledge to reduce energy bills by 50% within his first year if re-elected.

The Biden administration is reportedly planning to purchase up to 6 million barrels of oil for the Strategic Petroleum Reserve (SPR) to replenish supplies after a historic sale in 2022.

Current national average gas price still 35% above the figure at the close of the Trump administration in 2019.

Under the budget deal, the ban on natural gas hookups will commence in 2025 for small buildings and in 2028 for large buildings.

Energy Secretary Jennifer Granholm unveiled new climate and efficiency restrictions on air conditioners despite widespread criticism the Biden administration received after officials recently announced restrictions on gas stoves.

Renewable energy sources, including wind turbines and solar panels, struggle to meet elevated energy demand during Christmas Eve snowstorms in the northeastern US and Texas, forcing utilities to burn fossil fuels to prevent power outages.