Report reveals concerning side effect of cryptocurrency industry in US: ‘Does not generate’
The Energy Information Administration reported that large-scale cryptocurrency mining now accounts for about 2% of all electricity use…
U.S. Oil Growth Shifts from Shale to Gulf
For over a decade, the shale patch has been the engine behind U.S. oil production growth. Now, the…
US gas prices on brink of falling below $3 as oil plunges
BALTIMORE, MD—The national average price of gasoline is nearing the $2.99 per gallon mark, a threshold not sustained…
Oil Climbs as US Product Stockpiles Drop and Equities Advance
Pumping jacks works in an oil field. Photographer: Martin Divisek/Bloomberg (Bloomberg) — Oil rose after a government report…
Trump’s economic plans called for more oil drilling and lower gas prices. He’s only getting the latter.
As President Trump began his second term, he proclaimed in his inauguration speech that America would “drill, baby,…
Gas prices tick higher nationwide
BALTIMORE, MD—The national average price for a gallon of gasoline has seen a slight increase over the past…
US Oil Production Hits Record: 13.58M Barrels Per Day
Aug 29, 2025 U.S. crude oil production reached a new all-time high in June, increasing by 133,000 barrels…
Oil Rises Amid Large Inventory Draw, Russia-Ukraine Talks
(Bloomberg) — Oil rose after a weekly report from the Energy Information Administration showed a 6-million-barrel decline in…
Gas prices creep up as oil markets tighten
BALTIMORE, MD—For the first time in three weeks, the national average price of gasoline has risen, increasing 2.0…
US net imports of crude soar last week to highest in a year, EIA says
HOUSTON (Reuters) -U.S. net imports of crude oil rose to 4.6 million barrels per day (bpd), its highest…
AAA reports drop in crude oil prices, stemming from prices at the pump decreasing
LITTLE ROCK (KATV) — In Arkansas, the gas price average is $2.76 for a gallon of regular unleaded…
Tight Fuel Markets Boost Profits for Oil Refiners
Refining capacity closures and resilient fuel demand have tightened global fuel markets in recent weeks, benefiting refiners globally.…