The deadly war launched by the United States and Israel against Iran has led to serious military and economic impacts across the region that produces much of the world’s oil and gas. A global spike in fuel prices could further inflame an affordability crisis that President Donald Trump has repeatedly called a “hoax” created by Democrats. However, higher oil and gas prices would be a boon for…
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“The demand for power and for AI is like nothing I’ve ever seen.” These words were uttered during an October earnings call, not by a wide-eyed tech executive, but by Jeff Miller, the CEO of Halliburton, one of the world’s biggest oilfield services corporations. Like droves of other companies tied to the fracked gas industry, Halliburton is pivoting toward servicing the data center boom…
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Despite repeated promises from President Donald Trump on the campaign trail to lower the cost of energy, consumers in the United States collectively paid $12 billion more for natural gas to power their homes over the first nine months of 2025 — about $124 more per family — than they did a year earlier, according to a new report on federal data by the watchdog group Public Citizen.
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The fossil fuel industry is “racing toward climate breakdown with its foot on the accelerator,” said one official at the German environmental rights group Urgewald on Tuesday as the group released its Global Oil and Gas Exit List. The report shows that as world leaders prepare to meet in Brazil for the annual United Nations climate summit, any discussion they have there regarding a green…
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