Despite a nationwide drop in gas prices, California drivers continue to face prices near $5 per gallon—thanks in large part to state-imposed taxes and regulations, not oil companies, according to state data and industry experts.
In a historic ruling with major implications for Louisiana's energy sector and environmental restoration, a jury in Plaquemines Parish on Friday ordered Chevron to pay $744 million in damages for its role in coastal wetlands destruction. The verdict is the first of 42 lawsuits filed since 2013 by coastal Louisiana parishes targeting decades of alleged environmental violations by oil and gas companies.
The former site of Pennsylvania’s largest coal-fired power plant is being repurposed into the largest natural-gas powered data center campus in the United States. Officials announced Tuesday that the $10 billion redevelopment project in Homer City will become a critical hub for powering artificial intelligence and high-performance computing technologies.
President Donald Trump revoked the security clearances of 51 former intelligence officials who signed a letter claiming Hunter Biden's laptop was part of a "Russian information operation."
Following the swearing-in, President Trump promptly initiated a series of executive actions aimed at reversing several policies from the previous administration.
President-elect Donald Trump plans to declare a national energy emergency to enhance American energy production and reduce energy costs, according to an incoming administration official. The soon-to-be 47th president will sign a series of executive orders shortly after his inauguration to accelerate domestic energy development.
