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Trump administration finalizes plan to open pristine Alaska wildlife refuge to oil and gas drilling

The Trump administration has cleared the way for oil and gas drilling in Alaska’s Arctic National Wildlife Refuge, reigniting one of the country’s longest-running environmental battles. The 1.5-million-acre coastal plain—sacred to the Gwich’in and home to the Porcupine caribou herd—will be opened[...]

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EIA adjusts forecast for U.S. oil production as producers set a record in July 2025

America’s oil fields are running at full tilt again. According to the U.S. Energy Information Administration, domestic crude production hit a record 13.6 million barrels per day in July—enough to nudge forecasts higher through 2026. Yet even as output climbs, global inventories[...]

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OPEC+ to increase oil production in November

Oil producers are keeping a steady hand on the tiller. Members of the OPEC+ alliance agreed to another modest increase—137,000 barrels a day in November—matching last month’s bump. The move signals confidence in a stable global economy and “healthy market fundamentals,” though[...]