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A milder winter is one reason why. But it’s still a significant expense, and applications for assistance are up.
Fewer tech millionaires were minted in 2022, hurting California’s bottom line, while in Texas, the oil and gas industry boomed.
Both Exxon Mobil and Chevron reported their most profitable quarters of all time during the calendar year. Sustaining that growth is more complicated.
After multiple near-record Texas earthquakes, oil and gas regulators say they’re stepping up efforts to reduce quakes triggered by industry activity.
Our sewers work overtime at this time of year.
Analysts say the SPR is increasingly being used not just to cushion against oil price shocks, but to support prices.
After its over-reliance on the Kremlin for its energy, is Germany making the same mistake with Beijing?
Biden authorized the release of crude from the Strategic Petroleum Reserve to boost supply and ease gas prices after Russia invaded Ukraine.
The bill incentivizes clean energy but doesn’t vilify fossil fuels. Traditional oil companies can access some of the benefits as well.
Europe’s largest economy depends on Russian gas. Vladimir Putin is using it as a political weapon.