GOP urges SCOTUS to reject ‘war on American energy’ they say would hit families’ wallets

NEWYou can now listen to Fox News articles! FIRST ON FOX: More than 70 lawmakers are lining up against a Colorado county’s effort to hold major oil companies financially liable for alleged climate change damages.  The group of House Republicans led by House Majority Leader Steve Scalise, R-La., is calling on the Supreme Court to … Read more

5 ways to cut your HVAC energy bill without sacrificing comfort

It makes sense to be strategic about how you manage HVAC energy expenses in today’s economy. Tetra Images/Getty Images Utility costs have remained stubbornly high over the last few years, and as inflation climbs, so do the costs tied to heating and cooling a home. What that means is that heating and cooling expenses are … Read more

Senate Republicans confirm nearly 50 of Trump’s picks for energy, land management

NEWYou can now listen to Fox News articles! Senate Republicans moved one step closer to clearing out the backlog of President Donald Trump’s nominees. The GOP confirmed 49 of Trump’s picks on Monday, a move that will have installed 60% of his civilian nominees. It’s also the fourth time Republicans have confirmed a slate of … Read more

NextEra Energy to acquire Dominion for $67 billion, joining two of the nation’s largest utilities

NextEra Energy said Monday it will acquire Dominion Energy in an all-stock deal valued at about $67 billion, combining two major utilities as electricity demand surges from AI and data center growth. The combined company will serve around 10 million utility customers across Florida, Virginia, North Carolina and South Carolina, according to a statement from NextEra … Read more

CIA Director John Ratcliffe makes rare trip to Cuba as island nation faces energy crisis

CIA Director John Ratcliffe traveled to Havana, Cuba, on Thursday for a rare meeting with senior Cuban officials, an agency official told CBS News, using the visit to deliver a message that the U.S. was prepared to expand economic and security engagement with Cuba if Havana “makes fundamental changes.” The meeting came as Cuba is contending with … Read more

Energy cost spike from Iran war sends inflation soaring to highest level in nearly 3 years

Inflation is now at its highest level in nearly three years, in large part due to skyrocketing energy costs from the Iran war. Arjun Murti, partner at the energy sector firm Veriten and author of the energy-focused Substack newsletter “Super-Spiked,” joins with analysis. Source link

Searing U.S. energy prices are driving the hottest inflation in years

The global oil supply shock stemming from the Iran war is scorching U.S. motorists and other consumers, new federal data makes clear.  Higher energy prices accounted for 40% of the total jump in inflation in April, when the Consumer Price Index surged at an annual rate of 3.8% — the fastest increase in nearly three years.  … Read more

Energy Secretary Chris Wright says U.S. stopped Strait of Hormuz operation “at Iran’s request”

President Trump last week announced an operation to guide ships through the Strait of Hormuz amid the Iranian blockade, and then two days later, he announced it would be paused. Energy Secretary Chris Wright told “Face the Nation with Margaret Brennan” that the U.S. military is currently clearing the Strait of Hormuz now after pausing … Read more