Energy in America

The “bomb cyclone” that blasted much of the Northeast with dangerous frigid conditions is raising fears of spiking energy prices.

Technology and transportation companies are climbing as U.S. stocks rise for the fourth day in a row to start 2018.

The number of rigs exploring for oil and natural gas in the U.S. declined by five this week to 924.

The energy industry is cheering the Trump administration's proposal to open nearly all U.S. coastlines to offshore oil and gas drilling, saying it will reduce U.S. dependence on foreign supplies and create jobs.

In the decades since a 1969 oil spill near Santa Barbara tarred sea-life and gave rise to the U.S. environmental movement, politicians and environmental activists have built up ample ways to make it difficult but not impossible for the Trump administration to renew drilling off California's coast.

An Oklahoma natural gas liquids company has announced plans to create a $1.4 billion pipeline system from eastern Montana to the company's existing facilities in central Kansas.

Exxon Mobil Corp. is reporting another significant oil discovery in deep Atlantic Ocean waters off Guyana.

Asian stock markets rose Friday after the Dow Jones industrial average finished above 25,000 for the first time.

The U.S. trade deficit rose to $50.5 billion in November, the largest imbalance in nearly six years, as imports and exports both hit records.

China has tightened restrictions on trade with North Korea under U.N. nuclear sanctions, imposing a cap on oil supplies to the North and banning imports of its steel and other goods.

Official figures show inflation across the 19-country eurozone dipping modestly in December largely because of a moderation in the growth of energy price rises.

The Trump administration on Thursday moved to vastly expand offshore drilling from the Atlantic to the Arctic oceans with a plan that would open up federal waters off the California coast for the first time in more than three decades.

The Dow Jones industrial average is trading above 25,000 points for the first time early Thursday, breaking another 1,000-point milestone.

California Gov. Jerry Brown and other West Coast governors say the Trump administration's opening of federal waters to offshore drilling is "reckless and short-sighted."

___ Dow Jones industrials climb above 25,000 for the first time NEW YORK (AP) — The Dow Jones industrial average burst through the 25,000-point mark Thursday, just five weeks after its first close above 24,000.

Asian shares were mostly higher on Thursday, led by Japan, on optimism over the coming year that pushed Wall Street to record highs.

Prosecutors in Taiwan say they're investigating a man suspected of involvement in illegal oil sales to North Korea.

Technology companies are once again leading U.S. stocks higher early Wednesday as indexes remain at all-time highs.