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Gas prices often increase in the summer as more motorists hit the road, but this year’s pump prices have dropped to match the summer of 2021, the last time seasonal gas prices were this low. The national average is down about 3 cents per gallon from last week, returning to the price from a month ago, $3.16. One year ago, gas prices were at $3.574. Gas prices were also at a four-year low on Independence Day. The White House is attributing the phenomenon to President Donald Trump’s energy agenda, which Energy Secretary Chris Wright told The Daily Signal can be...

HELL'S KITCHEN, Manahttan -- New York City authorities made a disturbing discovery inside a van that had been involved in an accident Tuesday night on a busy street in Manhattan. Police were called to the scene near 42nd and 10th Avenue just after 7 p.m. The 31-year-old driver was operating a 2013 Chevrolet express van that had a food cart attached which became loose and struck a parked 2021 Kia Serrano with a 48-year-old woman and a 10-year-old boy. Police say the driver, Sayed Khaled Elsayed Abdelmohsen, fled the scene, but the 48-year-old woman followed him in her vehicle. First...

Thousands of businesses and households are waiting to connect to the Dutch grid, forcing network operators to ration power in an early indicator of what other European countries are likely to suffer as the speed of electrification increases. . . . The Netherlands is among the countries in Europe to have moved fastest to electrify critical parts of the economy after it in 2023 ended production at its giant onshore gasfield, Groningen.

Not soon after the general election, and within two weeks of each other, two major financial institutions have left a United Nations Net Zero Banking Alliance (NZBA). This is after they joined three years ago, pledging to require environmental social governance standards (ESG) across their platforms, products and systems. According to the "bank-led and UN-convened" NZBA, global banks joined the alliance, pledging to align their lending, investment, and capital markets activities with a net-zero greenhouse gas emissions by 2050, NZBA explains. Since April 2021, 145 banks in 44 countries with more than $73 trillion in assets have joined NZBA, tripling...

THE HAGUE (Reuters) - Dutch and German intelligence agencies have gathered evidence of widespread Russian use of banned chemical weapons in Ukraine, including dropping a choking agent from drones to drive soldiers out of trenches so they can be shot, they said on Friday. Dutch Defence Minister Ruben Brekelmans called for tougher sanctions against Moscow. "The main conclusion is that we can confirm Russia is intensifying its use of chemical weapons," he told Reuters. "This intensification is concerning because it is part of a trend we have been observing for several years now, where Russia's use of chemical weapons in...

U.S. oil prices retreated from weekly highs as markets assessed the potential for a reprieve in Middle East turmoil following a week of escalating tensions. The U.S. crude oil price benchmark, West Texas Intermediate, fell 8% to less than $68 a barrel, the lowest level since mid-June. The global Brent crude price benchmark likewise fell about 8%. Major stock indexes ended the day in positive territory. Just after 1 p.m. Monday, Iran said it had launched missiles toward a U.S. base in Qatar. Reports suggested the missiles had been intercepted. Markets viewed the strikes "as more of a symbolic retaliatory...

The Cyprus visit is a calculated effort to advance India's Mediterranean strategy by countering the Turkey-Pakistan alignment, they added. Cyprus's maritime connectivity and strategic location position it as a potential hub in the India-Middle East-Europe Economic Corridor (IMEC).With Cyprus set to hold the rotating presidency of the EU Council in 2026, PM Modi's visit -- the first by an Indian Prime Minister in 23 years -- paves the way for deeper India-EU collaboration during Cyprus's leadership term. This visit comes amid heightened Turkey-Pakistan solidarity, particularly following Turkey's support for Pakistan during Operation Sindoor.Cyprus, engaged in territorial disputes with Turkey, naturally...

MOSCOW, Aug 10, 2002 (AP WorldStream via COMTEX) -- Russian Defense Minister Sergei Ivanov raised the possibility on Saturday of creating a multinational defense force in the resource-rich Caspian Sea, a Russian news agency reported. "I can't exclude the creation in the Caspian of a military group which would include Russia, Kazakhstan and other Caspian Sea countries," Ivanov was quoted as saying by Interfax news agency. Ivanov is currently in the Caspian Sea city of Kaspiisk in Russia's Dagestan region to observe large-scale naval maneuvers in the disputed Caspian waters. The former Soviet republics of Kazakhstan and Azerbaijan are also...

The proposal is regarding 13 million acres of government-owned Arctic land that is part of the National Petroleum Reserve in Alaska.. The Interior Department on Monday proposed the restoration of oil and gas drilling in the Arctic after it had previously been restricted by the Biden administration. The proposal is regarding 13 million acres of government-owned Arctic land that is part of the National Petroleum Reserve in Alaska, which is a total area of 23 million acres that former President Warren G. Harding set aside in 1923 as an emergency supply of oil for the Navy. The Naval Petroleum Reserves...

Following the news that Trans Mountain Corporation will start filling the expanded pipeline in February, with first crude to be loaded from Vancouver in April, Canadian crude prices jumped to the narrowest discount to WTI since August 2023. U.S. refiners used to cheap Canadian crude will need to start budgeting more for the commodity from this spring. Canadian oil producers are preparing for the 890,000 bpd in takeaway capacity growth. ... U.S. refiners used to cheap Canadian oil might need to reach deeper into their pockets to keep buying it. The idea behind the Trans Mountain expansion was to turn...

Alberta’s Leduc geological formation contains an abundance of lithium, a critical and rare metal that is needed in batteries to power electric vehicles and cellphones. Lithium has traditionally been extracted from “hard rocks,” but in Alberta, it exists in the brine, or water, left behind in oilfields across the province. Geologist Chris Doornbos started E3 Lithium, a TSX-listed geo-tech company that entered into a strategic partnership with Imperial Oil last year. And last week, the company announced some impressive test results. “Our resource was upgraded (last week) to 16-million tonnes — 9.4 indicated and 6.6 measured resources of lithium carbonate...

(The Center Square) - California Republicans are launching an investigation into the Low Carbon Fuel Standard update that is expected to increase the cost of gasoline by 65 cents per gallon — impacting not just California, but the parts of Nevada and Arizona that rely on the Golden State for fuel — on July 1. That's the middle of the peak summer driving season. “CARB and the Governor pushed an expensive gas price hike behind closed doors, ignored public input, and misled Californians about the real cost,” said Senate Minority Leader Brian Jones, R-San Diego. “We believe their real goal...

BATA, Equatorial Guinea—Classified American intelligence reports suggest China intends to establish its first permanent military presence on the Atlantic Ocean in the tiny Central African country of Equatorial Guinea, according to U.S. officials. The officials declined to describe details of the secret intelligence findings. But they said the reports raise the prospect that Chinese warships would be able to rearm and refit opposite the East Coast of the U.S.—a threat that is setting off alarm bells at the White House and Pentagon. Principal deputy U.S. national security adviser Jon Finer visited Equatorial Guinea in October on a mission to persuade...

Russian President Vladimir Putin and Chinese authorities decided to form the strategic alliance for defense, trade and energy. Russia will deliver oil to China and China will collaborate with Russia in Geopolitical strategic defense of Euresia. Russia's Security Council and the Military Commission of the Chinese Communist Party's Politburo will form a forum and will work closely to make sure both countries can create and maintain the necessary military and political infrastructure as well as coordination. According to some international think tanks, sources close to Russia's Security Council say recommending countermeasures to check the U.S. geopolitical "offensive" in Eurasia...

Americans celebrating Memorial Day by hitting the road will likely be paying the cheapest gas prices since 2003. GasBuddy, a fuel savings platform, said Tuesday that it forecasts the national average price of gasoline to be $3.08 per gallon on Memorial Day. That would make it the cheapest since 2021 in nominal terms. After adjusting for inflation, it would be the lowest since 2003. This is not expected to be short-lived. Prices of gasoline are expected to average around $3.02 per gallon between Memorial Day and Labor Day, with prices falling below three dollars on some days. That’s likely to...

Dear President Trump, Please pressure Congress or whatever it takes to remove the ethanol-in-the-gas requirement for vehicles. You can save Americans and the producers money and hardly affect anything by doing so. Thank you sir, ~Mene

Ministers secretly advised Muammar Gaddafi’s Libyan regime how to secure the successful early release of the Lockerbie bomber, documents obtained by The Daily Telegraph have disclosed. A Foreign Office minister sent Libyan officials detailed legal advice on how to use Abdelbaset al-Megrahi’s cancer diagnosis to ensure he was released from a Scottish prison on compassionate grounds. The Duke of York is also said to have played a behind-the-scenes role in encouraging the terrorist’s release. The Libyans closely followed the advice which led to the controversial release of Megrahi – who was convicted of the murder of 270 passengers on Pan...

According to an email sent May 13, 2025, by Department of Natural Resources Director Dan Gibbs, Nicole Rosmarino is the sole finalist for the director of the State Land Board, which is the state’s second largest landowner with 2.8 million surface acres and 4 million mineral estate acres. Gibbs said, per statute, the board provides public notice for 14 days prior to a formal appointment which will occur at the next regularly scheduled public board meeting, which is June 11 and 12 in Denver. An email sent to DNR confirmed the hire Friday. The mission of the State Land Board...

California Governor Gavin Newsom’s hostility to the oil industry could lead to the closure of local refineries — which, in turn, could push gas prices past $6 per gallon, or even $9 per gallon, a local analyst has warned. Local ABC affiliate KABC-7 reported: The Phillips 66 Refinery in Los Angeles could close by the end of this year, which would send prices skyrocketing above $6, according to USC Professor Michael Mische. Mische added that if the Valero Refinery in the Bay Area closes by the end of next year, that could send gas prices soaring close to $9 a...

Oil refinery Valero has opted to close its operations in California due to excessive regulations on energy. Located in the small city of Benicia, the town is expected to lose 400 jobs, which the mayor is calling the exit “a major hit on the city.” Everyone in California is feeling the impact of Newsom’s war on fossil fuels. Valero said its decision ” follows years of regulatory pressure, significant fines for air quality violations, and a recent lawsuit settlement related to environmental concerns.” “California has been pursuing policies to move away from fossil fuels for really for the past 20...