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Big Oil to Trump on Venezuela: Slow Down, Big Guy

Big Oil to Trump on Venezuela: Slow Down, Big Guy

There was a moment in the White House this week that told you everything you need to know about Washington fantasy versus oil-patch reality. Donald Trump, freshly confident about Venezuela, sat across from the men who actually write the checks — and they gave him the...
When Washington Pulls the Plug

When Washington Pulls the Plug

The Grain Belt Express, the $4.9 billion Loan That Vanished, and Why the Lights May Dim Because of It Washington killed the money. In July, the Department of Energy quietly yanked its $4.9 billion loan guarantee for the Grain Belt Express—the 800-mile, 5-gigawatt...
New Drilling off California and Florida Proposed

New Drilling off California and Florida Proposed

In the first year of his second term, President Donald Trump cracked open the federal offshore like he was breaking a piñata at a kid’s birthday party. New drilling off California, Florida, Alaska, and deep into the High Arctic — places that haven’t seen a fresh...
Oil Patch Puts Profits Over Pumps (Again)

Oil Patch Puts Profits Over Pumps (Again)

You can always tell when the oil boys start feeling queasy—they park the rigs, talk about “discipline,” and suddenly forget all that tough talk about energy independence. This week, they did just that. Baker Hughes’ latest rig count shows U.S. oil and gas...