The United States is facing an orphan and uncapped oil well crisis. Orphaned wells are those that have no known owner to ...

On New Year’s Eve, the average price for a gallon of regular was $2.916 in New Jersey, compared to $3.04 for the national ...

This credit remains what it has been from the start: an ineffective subsidy primarily benefiting the wealthy. Congress should ...

The Biden administration finalized rules meant to boost domestic production of hydrogen fuel through a new tax credit, a move ...

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

Former North Dakota governor Doug Burgum, an outspoken proponent of carbon capture, committed to making his state carbon ...

The Texas oil and natural gas industry broke multiple records in fiscal 2024, including paying a record $27.3 billion in ...

New bills proposed by Inland Empire lawmakers would void new fuel standards, remove taxes from tips and bolster ...

Gov. Mike Dunleavy (R-Ak) wrote on social media that the lease sale was “designed to fail,” insisting that the auction “limits exploration to the largest extent possible while trying to pass it off as ...

The US Treasury department announced the final rules for the section 45V Clean Hydrogen Production Tax Credit.

The electric Mustang crossover surpassed its gas-powered namesake in 2024, reflecting shifting consumer preferences and a new ...

U.S. President-elect Donald Trump has weighed in on the UK’s energy policy to hike the windfall tax on North Sea oil and gas ...