Energy
Trump announces end of Biden-era methane rule, citing $45B in savings
President Donald Trump said that the rollback would save consumers and energy producers $45 billion while unlocking 210 million barrels of oil.
Trump announces end to Biden-era methane rules at Texas rally
President Donald Trump announces the rollback that will save energy producers and consumers $45 billion, while unlocking 210 million barrels of oil, during a midterm rally Tuesday in Lubbock, Texas.
US oil company holds key to Trump's Greenland drilling ambitions
An American company claims it holds the sole oil permits in Greenland after President Donald Trump announced massive resource exploration there.
American oil company pursues Greenland drilling amid Trump's resource push
Greenland Energy CEO Robert Price says the United States needs to look to "friendly jurisdictions" to become independent from foreign supplies of oil. His company is in the permitting process and plans to drill wells in Greenland in 2027.
Trump announces $8B bailout for farmers to cover diesel cost surge amid attacks on global supply
President Donald Trump announced the $8 billion Harvest Fuel Relief program at a Kansas rally to offset rising diesel costs for farmers during harvest season.
Trump administration commits up to $42M to revive stalled Northeast natural gas pipeline
The Energy Department is backing the proposed Constitution Pipeline with up to $42 million as developers seek to bring the Northeast natural gas project online by 2028.
Trump says Russia has agreed to deliver millions in diesel fuel after 'highly successful discussion'
Trump says Putin agreed to supply over 300,000 tons of diesel fuel immediately, with millions more tons to follow as prices soar past $6 a gallon.
Trump’s Energy chief says truckers could see diesel relief within days after executive order
Energy Secretary Chris Wright says truckers could see diesel price relief by Saturday after Trump signed an order expanding red-dyed diesel access.
Trump admin invoking Defense Production Act for new Alaska power grid project touted by Vance
JD Vance announced $150 million in Defense Production Act funding for Alaska's Beluga-Healy Transmission Project, promising lower energy costs statewide.
Kevin Hassett says diesel reserve release could have ‘massive positive effect’ as G7 reaches deal
White House National Economic Council Director Kevin Hassett detailed the effort to urge European allies to release refined diesel reserves to ease fuel prices.
Strong natural gas production, supplies could ease pressure on winter heating bills
The NGSA winter outlook shows record natural gas supply, but extreme cold weather and near-capacity pipelines remain key risks for consumer prices.
Republicans could feel 'same fate' as Democrats as gas prices are elevated ahead of midterms, expert says
An expert told FOX Business ahead of the midterms that "traditionally, high gas prices going into an election has a negative impact on the incumbent party."