Many oil company executives celebrated Donald Trump's return to the White House. But now expectations of higher profits are fading amid fears of a recession.
President Biden has issued an executive order blocking drilling for oil in more than 625 million acres of U.S. ocean. It's the largest such move in history, but is almost guaranteed to be challenged under the incoming Trump administration.
A new technique for harvesting geothermal energy being pioneered in Utah has passed a significant milestone: Southern California Edison has contracted for enough of the energy to power 400,000 homes.
The Biden administration is expected to announce whether a $6 billion arctic drilling plan can move forward soon, an issue that's galvanized millions of TikTokkers into taking action, digitally.
The Biden administration is encouraging U.S. oil companies to increase their production to help curb record-high gasoline prices. Turns out, however, that boosting output is easier said than done.
