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Energy

Trump Strikes Deal With Ukraine For Rare Earth Minerals Trump Strikes Deal With Ukraine For Rare Earth Minerals
Trump Strikes Deal With Ukraine For Rare Earth Minerals The Trump Administration has successfully negotiated an agreement with Ukraine regarding the development of the nation’s rare earth mineral resources.  The move is anticipated to strengthen diplomatic ties and pave the way for a long-term US security commitment amid Ukraine’s ongoing, three-year-old war with Russia. It's also seen as a form of reimbursement for the hundreds of billions of dollars of assistance and weapons the United States has provided to Ukraine. This significant development was initially reported by Ukrainska Pravda and the Financial Times late Tuesday afternoo…
Biden Blocks Offshore Drilling Along Many US Coastal Areas, Citing Environmental Risks Biden Blocks Offshore Drilling Along Many US Coastal Areas, Citing Environmental Risks
Biden Blocks Offshore Drilling Along Many US Coastal Areas, Citing Environmental Risks President Joe Biden announced sweeping protections against offshore oil and gas drilling along key US coastlines, including the east and west coasts, the eastern Gulf of Mexico, and Alaska. President Biden has taken decisive action to protect about 625 million acres along the U.S. coastlines from the risks of offshore oil and gas drilling, according to a White House statement on Monday, Jan. 6.  The move withdraws areas along the east and west coasts, the eastern Gulf of Mexico, and Alaska’s Northern Bering Sea from future drilling, citing potential environmental, economic, and public …
CT Has Nation's Largest Energy Bills: Residents Struggling To Keep Up, Data Shows CT Has Nation's Largest Energy Bills: Residents Struggling To Keep Up, Data Shows
CT Has Nation's Largest Energy Bills: Residents Struggling To Keep Up, Data Shows Nearly a third of Connecticut residents said they couldn't afford to pay a utility bill over the past year, according to a recent report based on data collected by U.S. authorities. That might be because Connecticut has the highest monthly electric bills in the nation. LendingTree released a report earlier this month on how Americans have struggled to make ends meet amid rising prices after analyzing data from the U.S. Energy Information Administration (EIA). They found that 34 percent of people nationwide have skipped purchasing house necessities like food or medicine to cover a utility bil…