Oil prices have surged more than 40% since the start of the Iran conflict, rattling global energy markets and raising concerns that U.S. drivers could see further increases at the pump. Analysts say consumers may not have felt the full impact yet because higher crude costs typically take weeks to filter through to retail gasoline prices....
Author: Fox Business
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Energy secretary says DOE loan office will largely finance nuclear power plants, reflecting Trump priorities
U.S. Energy Secretary Chris Wright announced Monday that the Department of Energy’s Loan Programs Office (LPO) will largely focus on financing nuclear power plants. “By far the biggest use of those dollars will be for nuclear power plants to get those first plants built,” Wright said at a conference of the American Nuclear Society. During President Trump’s first...
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Energy secretary says Northeast natural gas pipeline project could start this year
Energy Secretary Chris Wright said Friday that work on a proposed pipeline to bring natural gas through New York to help supply energy to New England could start by the end of this year. Wright said in an appearance on FOX Business Network’s “Mornings with Maria” that he thinks it’s “highly likely” that the so-called Constitution Pipeline, along...


