Oil & Energy News
Reports on oil drilling, pipelines, and energy policy debates. Conservative analysis and commentary included from The Daily Signal.
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news
Trump to Announce New Rule to Lower Gas, Diesel Prices
In Lubbock, Texas, on Tuesday, President Donald Trump will announce a new proposed rule that could eventually lower gas prices, an Environmental Protection Agency official told the Daily Signal. Trump is announcing that the new EPA proposed rule will revise Biden-era oil and natural gas regulations, which imposed billions of dollars in costs. The president is… -
opinion
Victor Davis Hanson: Why Gas Prices Stay High Even When America Drills Its Own Oil
Editor’s note: This is a lightly edited transcript of “Victor Davis Hanson: In His Own Words” from Daily Signal senior contributor Victor Davis Hanson. Subscribe to Victor Davis Hanson’s own YouTube channel to watch past episodes. Sami Winc: “Could you explain, VDH, why the media and government doesn’t remove the smoke and mirrors from this issue, which is… -
analysis
America Needs Permitting Reform—With No Gimmicks
America has forgotten how to build, courtesy of a Byzantine permitting process that delays projects for years and often kills them altogether. A new bill could change that, though, and let the U.S. actually start building things again, including badly needed energy infrastructure that would reduce prices. The current paralysis was made painfully evident this… -
opinion
The Real Story About Gas Prices, National Security, and the Economy
While the American military action in Iran has been a source of many benefits to the U.S., a collateral negative effect has been the increase in world oil prices and the associated increase in gas prices at the pump for U.S. consumers. However, things may not be as dire as many would lead you to… -
opinion
3 Reasons a Ban on Diesel Exports Won’t Work
On the latest episode of The Heritage Foundation podcast “The Power Hour,” host Jack Spencer talks energy with Heritage Foundation Executive Vice President Derrick Morgan. In this excerpt, Morgan explains why a potential ban on diesel exports to lower U.S. diesel prices is a bad idea. This transcript has been edited for clarity. Jack Spencer:… -
opinion
Iran’s Dwindling Influence on Shipping
For decades, Iran’s clout was based on far more than missiles, proxies, or a nuclear file. It was about its ability to control shipping traffic through the Strait of Hormuz. Geographic location has given the regime significant strategic leverage and an ability to hold global energy markets hostage on a whim. What happens to oil… -
opinion
A Diesel Export Ban Won’t Solve Our Fuel Crisis
Politicians on both sides of the aisle claim there’s a quick fix to stratospheric diesel prices: an export ban. It seems intuitive that if diesel can’t leave the country, there’s more available for domestic consumption and prices here will fall. Unfortunately, the oil market is not that simple, and a ban would do more harm… -
exclusive
Top Cabinet Official Signals Prices Will Drop Soon
FIRST ON THE DAILY SIGNAL—Secretary of Agriculture Brooke Rollins told the Daily Signal that she predicts beef prices will decrease before the November midterm elections. Beef prices fell 1% in August, after a 0.8% decline in July. But Rollins said the Trump administration is not done working toward lower prices. “I think there’s a lot… -
opinion
Texas Can Lead America’s Dependable Energy Future
Every morning, Texas families flip a switch, turn a dial, and expect the lights to come on. Every day, Texas manufacturers fire up their plants expecting the power to hold. That expectation—power on demand—is the foundation everything else in our economy is built on. Texas has spent decades earning the right to call itself the… -
exclusive
SCOOP: Freedom Caucus Chair Pushes for Gas Tax Relief Before Recess
FIRST ON THE DAILY SIGNAL—The Daily Signal has learned that a leading House Republican plans to force a vote on legislation he introduced on Tuesday to suspend the federal gas tax for the rest of 2026. Freedom Caucus Chairman Andy Harris, R-Md., told the Daily Signal that he believes that if the lower chamber were… -
opinion
‘Trump Power Plant’ Coming to Fayette County, the Largest Investment in Its History
UNIONTOWN, Pennsylvania—Scott Dunn did not get a call from Washington. Instead, he received calls from his constituents. The chairman of the Fayette County Board of Commissioners had watched the March announcement like everyone else: a $17 billion natural gas generation hub somewhere in southwestern Pennsylvania, with 4.3 gigawatts of capacity, financed through Japan’s investment commitment… -
news
Americans Kept Flying Despite Iran War, Economic Jitters as Trump Pushed Air Travel Overhaul
DAILY CALLER NEWS FOUNDATION—Americans continued packing airports throughout the summer despite war-driven fuel costs, rising airfares, and economic uncertainty, as the Trump administration moved ahead with a sweeping overhaul of the nation’s aging air traffic control system. The resilience of air travel suggested Americans were reluctant to give up flying even as the Iran war… -
opinion
Victor Davis Hanson: Trump’s, Bessent’s ‘Anaconda’ Strategy Is Tightening Around Iran
Editor’s note: This is a lightly edited transcript of “Victor Davis Hanson: In His Own Words” from Daily Signal senior contributor Victor Davis Hanson. Subscribe to Victor Davis Hanson’s own YouTube channel to watch past episodes. Sami Winc: Let’s turn then to somebody who’s not a lunatic, Scott Bessent, our treasury secretary. And he had a couple… -
opinion
Victor Davis Hanson: America Looks Nothing Like She Did 5 Years Ago—And That’s a Good Thing
Editor’s note: This is a lightly edited transcript of today’s video from Daily Signal senior contributor Victor Davis Hanson. Subscribe to our YouTube channel to see more of his videos. Hello, this is Victor Davis Hanson for the Daily Signal. We’re nine weeks from the midterm election, and we’re starting to see a lot of anxiety, frustration… -
news
Venezuela’s Interim President Says US Energy Deal Will Last 25 Years
CARACAS, Aug 29 (Reuters) – Venezuelan interim President Delcy Rodriguez said on Saturday that an energy agreement with the U.S. would remain in force for 25 years, target an increase in crude output to 1.5 million barrels per day (bpd) and preserve the country’s sovereignty over its natural resources. Rodriguez hailed the accord in a… -
news
Data Center Tax Break Under Fire
Virginia is the worldwide leader in data centers, and it has been since the dawn of the modern information age. There are at least 674 data centers in Virginia, and more are on the drawing board. For example, the Hanover County Planning Commission voted last week to allow the development of a technology park that… -
news
Data Center Backlash Brings Thousands of Projects to a Screeching Halt
THE DAILY CALLER NEWS FOUNDATION—Americans’ growing opposition to the prevalence of data centers has led many politicians to limit or pause their increase altogether. Lawmakers in New York and Texas, for example, have effected stoppages of data center projects, while other states, such as Pennsylvania, have issued more restrictions on data center construction. Americans’ support… -
opinion
Victor Davis Hanson: What Is Actually Happening in Iran
Editor’s note: This is a lightly edited transcript of today’s video from Daily Signal senior contributor Victor Davis Hanson. Subscribe to our YouTube channel to see more of his videos. Hello, this is Victor Davis Hanson for the Daily Signal. What’s going on with Iran, or rather, what’s next with Iran? We’ve gone through six or… -
opinion
US-Saudi 123 Agreement Is Good for Energy Security, Nonproliferation, and Nuclear Safety
Like nearly every other country on Earth, Saudi Arabia is facing massive electricity demand growth. One estimate projects that the kingdom’s power demand will grow at least 27% by 2030 from 2023 levels. Similarly, like many other countries, it is looking to secure nuclear energy to help meet that demand. Saudi Arabia has never built… -
opinion
High Electric Bills Are a Choice—and Pennsylvania Must Choose Wisely
Pennsylvania legislators have prioritized electricity affordability this year. First, they exited the Regional Greenhouse Gas Initiative, the multistate carbon-tax compact. Then, with the newly passed state budget, they defeated Gov. Josh Shapiro’s Lightning Plan, which would have layered an additional in-state carbon tax and expanded Pennsylvania’s clean-energy mandate. But Pennsylvania’s Alternative Energy Portfolio Standard remains on the books, unexamined…