Energy in America

___ Bank execs sing praises of new tax law as windfall looms NEW YORK (AP) — Two of the nation's biggest banks — JPMorgan Chase and Wells Fargo — are indicating they expect to see significant future benefits from the recently enacted GOP tax bill, through both lower taxes and increased business.

U.S. stocks closed lower Tuesday, erasing an early gain that briefly sent the Dow Jones industrial average past 26,000 points for the first time.

Oil production in North Dakota is increasing amid rebounding oil prices and technology advances.

U.S. oil output is about to push past the more than 10 million barrels per day mark thanks to surging shale production.

Hess is cutting roughly 13 percent of its workforce and streamlining operations.

Battery maker Energizer Holdings said on Tuesday it would buy the global battery and portable lighting business of Spectrum Brands in a $2 billion all-cash deal.

BP's fourth-quarter profits will take a hit from a multibillion-dollar charge related to the company's fatal blowout in the Gulf of Mexico eight years ago.

Asian stock markets were mostly higher on Monday after Wall Street's strong finish last week.

Asian stock markets edged higher on Monday after Wall Street's strong finish last week.

An Idaho-based energy development company is asking federal authorities to declare state regulators in violation of a law intended to promote alternative energy in a case that could have far-reaching ramifications for emerging battery-storage technologies.

The Trump administration may have violated federal law by exempting Florida from a national plan to expand offshore drilling, a Democratic senator says.

Rising retailers pushed U.S. stock indexes further into record territory on Friday, and the Standard & Poor's 500 index was on pace to close out its seventh week of gains in the last eight.

Environmental groups have sued the U.S. Army Corps of Engineers in a bid to block construction of a 162-mile-long (261-kilometer) crude oil pipeline across south Louisiana, including through the environmentally fragile Atchafalaya (uh-CHAF-uh-LIE-uh) Basin river swamp.

The number of rigs exploring for oil and natural gas in the U.S. increased by 15 this week to 939.

Oil tycoon T. Boone Pickens is closing his Dallas energy-focused hedge fund after what he describes as "one hell of a roller coaster ride."

Public utility regulators from Oklahoma to Massachusetts are considering lowering the rates that homeowners and businesses pay for electricity and natural gas after a federal tax overhaul signed into law by President Donald Trump reduced the corporate income tax rate by 14 percent.

Most Asian stocks markets pushed higher Friday after Wall Street's latest record close.

U.S. stock futures rose and pointed to a positive open for Wall Street on Friday.

U.S. stocks recovered from their first wobble of the year and ticked higher in Thursday morning trading.