Oil & Energy News
Reports on oil drilling, pipelines, and energy policy debates. Conservative analysis and commentary included from The Daily Signal.
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Putin Testing ‘American Resolve’ With Oil Tanker in Caribbean
A Russian oil tanker moving toward Cuba during a U.S. oil blockade is an act of Russian President Vladimir Putin testing “American resolve,” according to one foreign affairs expert. Russia’s Anatoly Kolodkin tanker, carrying an estimated 730,000 barrels of crude oil, has reportedly sailed toward Cuba’s port of Matanzas but, according to United Press International,…Virginia Allen -
Dire Straits for Midterms? Gas Price Surge Troubles Senators
Amid uncertainty in a vital global shipping lane brought on by the conflict with Iran, gas pump prices are way up. Some in Congress think that could be a problem for their constituents and for Republicans’ chances in the midterms. “Naturally, we’re all really concerned,” Sen. Jim Justice, R-W.Va., told The Daily Signal of the…George Caldwell -
US Will Take Action to Mitigate Oil Price Spike for Americans, Rubio Says
REUTERS—The United States will take action to mitigate rising energy prices due to a spike in the price of oil caused by the Iran conflict, U.S. Secretary of State Marco Rubio said on Monday. Speaking to reporters on Capitol Hill, Rubio said Treasury Secretary Scott Bessent and Energy Secretary Chris Wright would announce the plans on Tuesday. “Starting tomorrow,…Jasper Ward -
Pro-Corn Congressmen Fight to Put E15 Fuel on Market
A congressional task force soon plans to release a compromise between corn farmer and oil refinery interests that could reshape the American energy industry. “They’re going great,” Rep. Derrick Van Orden, R-Wis., told The Daily Signal on Wednesday of talks to secure nationwide authorization for the year-round sale of E15, a gasoline whose composition is…George Caldwell -
The United States Must Maintain Oil Investment Amid Global Instability
Serious crises in oil-producing countries are pushing markets to finally price in geopolitical risk. As of Jan. 21, West Texas Intermediate crude is over $60 per barrel, reflecting only the faintest acknowledgement of unrest in Iran despite weeks of escalating protests, estimates of 3,000 to 20,000 people dead, and a complete internet blackout. Recognizing geopolitical risk cannot…Trisha Curtis -
Coalition Calls for Lawmakers, Tech Industry to Make AI Safer for Kids
Representatives of more than 50 organizations spanning the political spectrum signed a declaration urging members of Congress and tech industry leaders to protect children from the potentially harmful effects of artificial intelligence. The statement proposes five guidelines for AI products targeted toward children to follow. The “National Declaration on AI and Kids’ Safety” gives examples…Fred Lucas -
Latino Voters Lean Right on Taxes, Energy, and Border, Poll Finds
Latinos broadly support low taxes, energy production, and a stable border situation, a new poll from the LIBRE Institute found. The LIBRE Institute, the research arm of a Latino organization that advocates for free markets, surveyed 1,200 Hispanic voters to gauge their opinions on important political issues. The April 21-27 survey, which polled 1,200 Latino…George Caldwell -
Bipartisan House Vote Blocks California’s 2035 Gas Car Ban
The House of Representatives voted on Thursday to repeal a Biden-era Environmental Protection Agency waiver that allowed California to ban the selling of new gasoline-powered passenger vehicles by 2035. The vote was 246-to-164, with 35 Democrats crossing party lines to join all 211 Republicans who were present in support of the joint resolution. The measure…Jacob Adams -
Easter Holiday Gas Prices 30 Cents Below National Norm
THE CENTER SQUARE—Easter holiday weekend gas prices in North Carolina, on average for a gallon of unleaded regular, are 30 cents below the national average of $3.16. County averages of $2.92 to $3.16 are sprinkled from the mountains to the coastal plains. Those locales are outnumbered by lower prices to generate the state’s $2.86 norm…Alan Wooten -
Las Vegas Packs Punch at White House, Thanks to Dana White
WASHINGTON—President Donald Trump’s ties to Nevada penetrate beyond the high-brow donor class. The latest moment showcasing his connections to the Silver State came during Thursday’s Cabinet meeting. A reporter asked Trump about the release of Russian-American ballerina Ksenia Karelina in a prisoner swap with Russia. Trump revealed that he investigated the case against the ballerina…Debra Saunders -
Romania Turns to Small Modular Reactors With US to Achieve Energy Independence
Russia’s ongoing war in Ukraine exposed the harsh reality that energy dependence can pose a threat to national security. For too long, Romania, like much of Europe, has relied on imported Russian fossil fuels, leaving families and businesses vulnerable to geopolitical manipulation. If Romania is to secure its future, it must cut its reliance on…Anthony B. Kim -
These Poor Countries Are Getting the Miracle Cure From Oil and Gas
Nations once relegated to the margins of economic discourse are now sprinting toward prosperity, their trajectories propelled by a single, unifying force: energy. Energy is indispensable. From the huge AI data centers in the U.S. to the mega-scale manufacturing factories in China, affordable and dependable energy supplies make all the difference between living and thriving….Vijay Jayaraj -
Doug Burgum’s ‘4 Babies’ Plan for US Energy Dominance
Interior Secretary Doug Burgum outlined the Trump administration’s aggressive strategy to restore American energy leadership through what he called the “four babies” approach: drill, baby, drill; map, baby, map; mine, baby, mine; and build baby build. In a wide-ranging interview Wednesday with Breitbart News Washington Bureau Chief Matt Boyle, Burgum said he’s committed to drilling…Rob Bluey -
Energy Secretary Delivers ‘Drill, Baby, Drill’ Speech at CPAC
Energy Secretary Chris Wright took the stage at the annual Conservative Political Action Conference on Wednesday to expound on President Donald Trump’s “drill, baby, drill” philosophy. Wright, a former energy executive and an enthusiastic advocate for natural gas, began his speech at the conference in the Maryland suburbs of Washington, D.C., by asserting that energy…George Caldwell -
New Coalition Seeks to Unite a Fragmented Pro-Life Movement, Backs Effort With $30M
A new coalition backed by a $30 million venture fund from pro-life philanthropists will seek to unify the fragmented pro-life movement in America. 40 Days for Life co-founder David Bereit launched the Life Leadership Conference on Tuesday. The collective seeks to unite pro-life think tanks, ministries, and policy leaders under one umbrella so the movement…Moira Gleason -
Dem Governors Complain About Energy Costs They Created
It’s no secret that energy prices are on the rise. High demand for electricity and tight supplies—exacerbated by early retirements of coal-fired power plants—strain grid capacity nationwide. But rather than take accountability for destructive policies that produced these conditions, Democrat governors play the blame game. In October, electric grid operator PJM Interconnection received a joint letter from…Gordon Tomb -
Doug Burgum Is the Energy Expert Interior Needs
Sprawled across our beautiful nation, more than 500 million acres of public land are entrusted to the Department of the Interior. A nearly incomprehensible amount of natural resources rest under our feet, a testament to the rich natural heritage Americans are heir to. This year, a man who embodies the true spirit of the American…Danielle Franz -
Tesla Cybertruck Explosion in Las Vegas Investigated as Possible Terrorism
THE CENTER SQUARE—A Tesla Cybertruck exploded outside the Trump International Hotel in Las Vegas, resulting in the death of the driver and injuries to seven bystanders. Authorities are investigating the possibility it was terrorism-related. The explosion, which occurred just before 9 a.m. on New Year’s Day near the hotel’s main entrance, sent debris flying, damaging the…Shirleen Guerra -
Why Fossil Fuels, Not Renewables, Are Key to Lifting Billions Out of Poverty
President Joe Biden is backing a global effort with other wealthy nations to restrict government funding for oil and gas projects abroad. But instead of pushing other countries to transition away from fossil fuels—a key driver of economic growth around the world—America in 2025 should champion energy abundance to uplift all economies, especially low-income ones….Austin Gae -
Rejecting Extremism: Why Voters Chose American Energy and Common Sense
President Donald Trump’s overwhelming victory on Election Day was another signal that the American people want to embrace affordable American energy and reject the incessant “doom and gloom” narrative being touted by environmental extremists. For decades, radical environmental groups like Greenpeace have been employing apocalyptic rhetoric while offering so-called solutions that would make energy more…Jason Isaac