CNN Reporters Celebrate Decrease in Labor Day Gas Prices During Trump’s Presidency
Gas Prices See a Notable Decline On Friday, CNN reporters Erica Hill and Matt Egan expressed excitement over the decrease in gas prices for American workers during President Donald Trump’s administration. Gas prices spiked significantly, reaching around $5 per gallon in June 2022 under former President Joe Biden. However, Hill and Egan noted in “CNN […]
Trump initiates major expansion of oil and gas leases: ‘SIGNIFICANT for American energy production in the Gulf of America’
New Offshore Oil and Gas Lease Schedules Announced The Interior Department has rolled out new long-term lease schedules for offshore oil and gas sales at Cook Inlet in the Gulf of the U.S. and Alaska. This decision effectively blocks leases across 625 million acres of federal lands and water bodies, countering an 11-hour drilling halt […]
How Trump Can Put an End to Europe’s Control Over American Oil and Gas
The Trump administration has a chance to ease the long-standing regulations imposed by the US on European Union energy markets, according to insights from energy experts and industry insiders. These regulations have made it more expensive for American oil and gas companies to operate in the EU, and there’s talk about pressuring the EU for […]
Trump Administration Reveals Huge Expansion of Oil and Gas Leases That Biden Sought to Stop
DOI Announces Offshore Lease Schedule The Department of the Interior (DOI) shared its long-term offshore lease plan on Tuesday, marking a significant pivot in energy strategy compared to the previous administration’s restrictions on offshore oil and gas leasing. According to a recent bill, the DOI has laid out a schedule for lease sales in the […]
‘Take a Look’: CNN Reporter Surprised by Stable Food and Gas Prices During Trump’s Presidency
July Energy and Food Prices Under Trump Administration CNN business reporter Vanessa Yurkevich seemed surprised on Tuesday by the energy and food prices during July under President Donald Trump’s administration. The Consumer Price Index (CPI), which measures changes in prices paid by consumers, saw a seasonally adjusted increase of 0.2% in July, as reported by […]
Newsom Changing His Stance on Big Oil Amid Possible Gas Crisis and 2028 Campaign Ahead
After years of criticism, regulation, and legal challenges aimed at the oil and gas sector, California’s Democratic Governor Gavin Newsom is now racing to support it, likely prompted by looming concerns over a potential gas crisis and whispers of a 2028 presidential bid. The Newsom administration is reportedly working to keep one refinery operational and […]
Trump’s FDA Advocates for ‘Gas Station’ Opioid to Be Included in DEA’s Drug Schedule
FDA Moves to Classify Kratom Derivative as Controlled Substance Washington – The Food and Drug Administration (FDA) has formally requested that a well-known derivative of Kratom be classified as a controlled substance. This decision comes as part of the Trump administration’s efforts to reduce the use of 7-hydroxymitraginine, or 7-OH, which is derived from the […]
Spire broadens its service area by acquiring a Tennessee gas utility for $2.48 billion.
Spire Inc. Expands into Tennessee with Major Acquisition Spire Inc., the largest natural gas provider in Alabama, is making a significant move by expanding into Tennessee. On Tuesday, the company announced that it would be acquiring the Tennessee operations of Piedmont Natural Gas from Duke Energy for $2.48 billion. Spire currently serves around 1.7 million […]
L.A. County purchased the Gas Company Tower for $200 million, and the renovations will be more expensive.
County Planning More Investment in Gas Company Tower Los Angeles County is set to spend more on upgrading the Gas Company Tower than it did to initially purchase it. Officials agreed on a price of $200 million last November for the 52-story building. However, estimates for necessary upgrades have risen to over $230 million. County […]
How Pittsburgh Aims to Utilize Local Gas and Nuclear Energy to Emerge as a Leading AI Center
Pennsylvania Energy and Innovation Summit Brings Big Plans The first Pennsylvania Energy and Innovation Summit took place on Tuesday at Carnegie Mellon University (CMU). Hosted by Republican Senator Dave McCormick, the event turned out to be quite energetic and successful. During the summit, a variety of CEOs and local, state, and federal policymakers, including former […]