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'Wright Is Wrong': Trump Rejects Energy Secretary's Comment That Gas Prices May Not Drop Under $3 Until 2027
'Wright Is Wrong': Trump Rejects Energy Secretary's Comment That Gas Prices May Not Drop Under $3 Until 2027
Pain at the pump might not ease up for American consumers until 2027, according to Energy Secretary Chris Wright, who said on April 19 that the price of a regular gallon of gas could stay above $3 for the rest of the year.
Wright said a price of $3 per gallon of gas “could happen later this year, [but] that might not happen until next year” in an interview that aired on CNN’s...
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Sep 15, 2026 / Tyler Durden
Energy Truce In Shambles: Ukraine Strikes Russian Refinery Despite Trump's Warning Amid Global Diesel Crisis
Energy Truce In Shambles: Ukraine Strikes Russian Refinery Despite Trump's Warning Amid Global Diesel Crisis
President Volodymyr Zelenskyy said on X that Ukrainian forces struck the Syzran refinery in Russia's Samara region, about 75 miles west of Samara and 466 miles southeast of Moscow. The strike comes days after President Trump urged Ukraine to halt attacks on Russian refineries, as average US retail diesel prices jumped above $6 a gallon and alarming disruptions to global refining capacity threaten fuel supplies ahead of the Northern Hemisphere winter.
Zelenskyy wrote on X:
Russia continues to attack our energy...
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Mar 3, 2026 / Dave DeCamp
US Navy May Escort Tankers Through the Strait of Hormuz
President Trump said on Tuesday that the US would provide insurance and naval escorts for tankers transiting the Strait of Hormuz after Iran’s Islamic Revolutionary Guard Corps (IRGC) declared the waterway was closed, a response to the US and Israeli attack on Iran. “Effective IMMEDIATELY, I have ordered the United States Development Finance Corporation (DFC) […]
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Sep 23, 2026 / Dave DeCamp
One Indian Crewmember Reported Killed After Ship Comes Under Attack in the Strait of Hormuz
At least one Indian seafarer was killed when a commercial ship was attacked in the Strait of Hormuz on Wednesday, AFP has reported, citing statements from Oman and India. Oman’s Maritime Security Center said in a post on X that the Cape Dao, a bulk carrier flying the flag of Antigua and Barbuda, was struck […]
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