The U.S. sees domestic crude production declining next year for the first time since 2021 in a blow to President Donald Trump’s push for American energy dominance.
June 10, 2025Search
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Senate GOP Prepares New Draft of Trump’s Tax Plan
Senate Republicans intend to propose revised tax and health care provisions to President Donald Trump’s $3 trillion signature economic package, shrugging off criticism by Elon Musk.
June 9, 2025Tesla Hit With Stock Downgrades Amid Fallout From Trump Feud
Tesla received a pair of downgrades on June 9, with analysts warning that Elon Musk’s electric vehicle company is facing a highly uncertain outlook, especially on the political front.
June 9, 2025Transportation Chief Moves to Reverse Fuel Economy Standards
Transportation Secretary Sean Duffy said in a rule June 6 that Biden-era fuel economy standards for gas-powered cars and trucks are illegal and moved to reverse them.
June 9, 2025Tesla Plunges After Trump-Musk Conflict Erupts
Tesla's shares sank as Elon Musk and President Donald Trump’s simmering feud devolved into a public war of words between two of the world’s most powerful people.
June 5, 2025Mercedes, BMW, Others Step Up Response to China Export Curbs
Automakers in the U.S. and Europe raised concerns about China’s export controls on rare earth metals, as Beijing’s move threatens to disrupt global car production.
June 4, 2025Reservation System at Ports Cuts Ship Emissions by Up to 24%
Researchers have calculated that the containership reservation system at the ports of Los Angeles and Long Beach is paying a climate dividend.
June 3, 2025Diesel Price Down 3.6¢ to $3.451 a Gallon
The national average price for a gallon of diesel dropped 3.6 cents to $3.451, according to U.S. Energy Information Administration data released June 3.
June 3, 2025Trucks in China Make Switch From Diesel to Electric
More and more Chinese trucks are being powered by batteries, another sign that oil-based fuels are getting shoved to the sidelines in an increasingly electrified economy.
June 3, 2025Trump to Roll Back Biden-Era Alaska Oil Drilling Limits
The measure would open new opportunities for oil and gas development in the mammoth National Petroleum Reserve-Alaska, an Indiana-sized parcel in the northwest of the state.
June 2, 2025