Energy in America

The Biden administration is moving to sharply increase offshore wind energy along the East Coast, saying Monday it is taking initial steps toward approving a huge wind farm off the New Jersey coast as part of an effort to generate electricity for more than 10 million homes nationwide by 2030.

While consumer-goods companies have touted their success in cutting emissions in offices and factories, they are struggling to reduce what they say is the biggest source of emissions associated with their products: consumer use.

The stuck ship in the Suez Canal could upend oil deliveries.

Oil prices were trading more than 1% higher on Friday.

The Cow Guy at AG Optimus Scott Shellady and former investment banker Carol Roth weigh in on the economic impact of lodged cargo ship in the Suez Canal.

On his very first day in office, President Biden issued an executive order cancelling the Keystone XL pipeline and eliminating the prospect of thousands of American union jobs.

The Suez Canal ship mishap could rock oil prices for days.

Prices tend to climb closer to summer, when millions of Americans drive to vacation spots and petroleum refiners blend costlier fuel that won't evaporate in the heat.

Saudi Arabia's state-backed oil giant Aramco announced Sunday that its profits nearly halved in 2020 to $49 billion, a big drop that came as the coronavirus pandemic roiled global energy markets.

Texas Attorney General Ken Paxton on Wednesday forgave $29 million in unpaid bills as part of a lawsuit against Griddy Energy.