Energy

Russia is escalating pressure on Ukraine, threatening to drag the U.S. and NATO into their worst confrontation with Moscow since the Cold War.

The Department of Energy has announced the release of 50 million barrels of oil from the Strategic Petroleum Reserve.

"The oil companies have taken advantage of [the] moment," the secretary said.

"Gas prices have been rising due to inflationary pressures from bad federal policies," the Republican governor said Monday.

The former president says Californians are paying $7.50 per gallon, but is he correct?

The Nord Stream 2 pipeline was suspended after a complication regarding the location of its ownership.

We need to future-proof, and therefore decentralize our public service infrastructures today.

The national average for a gallon of gas stands at $3.42—a figure last reached in September 2014—as the consumer prices index rises.

While negotiators have a few more days to hammer out details in Glasgow, President Joe Biden has returned from the COP26 Climate Change Conference.

The EIA's recent report stated U.S. households that rely on natural gas could spend an average of $746 to heat their homes this winter—up 30 percent from the previous one.

Greater ambition from the world is needed to fend off the climate crisis.

There is a deal to be done at COP26, but none without the agreement of the nations of Africa.

President Vladimir Putin has said Russia is "ready" to supply Europe with more natural gas if needed.

The situation highlights issues the U.S. might face when transitioning from traditional energy sources.

The progressive environmental Left, led by Rep. Alexandria Ocasio-Cortez (D-N.Y.) and other Green New Deal radicals, seems poised to suffer a significant defeat at the hands of its own party.

"Recent volatility in prices may complicate policy choices as countries recover from last year's global recession," said Ayhan Kose, chief economist and director of the World Bank's Prospects Group.

China's months-long energy crisis could last until next spring, but the government says it has boosted production to meet the shortage of supply.

Democrats have argued that the funding is needed to help speed up the process of transitioning towards clean energy alternatives.

"We're in the midst of a ticking time bomb," one Lebanese citizen who lives in Ein Rummaneh and witnessed the confrontation told Newsweek.

This winter could be the most expensive on record since the winter of 2008-2009, the federal government said Wednesday.

The European Commission wants its member nations to assist with price increases and high energy costs as debate about nuclear power resumes.

Nuclear energy is still controversial in Japan following the Fukushima disaster, but the country's new prime minister is a supporter.

Soaring fuel prices seen in some parts of the U.S. is a consequence of supply and demand, combined with a rise in the cost of crude oil.

Persistent power outages have forced schools and workplaces to close and sparked concern for those who depend on insulin or oxygen.

National Security Adviser Jake Sullivan said that the U.S. was concerned about Moscow using energy as "a tool of coercion."

The EU Energy Commissioner suggested that businesses "can be given relief through state aid or by facilitating longer-term power purchase agreements."

Increased demand for energy and soaring oil prices as economies reopen after pandemic lockdowns have buoyed Aramco's valuation.

If President Biden ignores these warnings, the energy crunch that Europe and China are experiencing today is waiting for Americans in the near future.

Strengthening the position of U.S. foes, stifling U.S. job creation and undermining U.S. energy security is a lose-lose proposition, as a matter of both policy and politics.

Teams are working to clean up the hazardous spill, which has already caused "irreversible" environmental damage.