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Energy Secretary Wright Says Venezuela Could More Than Double Oil Production
Energy Secretary Wright Says Venezuela Could More Than Double Oil Production
Venezuela’s crude oil production rate could double in the next few years thanks to new deals set to be signed with U.S. and other foreign energy companies, U.S. Energy Secretary Chris Wright has said.
“The investment in these deals will massively grow available oil production, which will give downward pressure on oil prices, but the biggest kink right now in gasoline and diesel prices is refining capacity,” Wright said during a one-day visit to Caracas, as quoted by OilPrice.
Venezuela’s peak...
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Sep 19, 2026 / Tyler Durden
HHS Awards $42.3 Million To Push 'Treatment First' Model For Homelessness & Addiction
HHS Awards $42.3 Million To Push 'Treatment First' Model For Homelessness & Addiction
Authored by Kimberly Hayek via The Epoch Times,
A federal agency within the U.S. Department of Health and Human Services (HHS) awarded $42.3 million in new supplemental cash Friday to states and territories with the goal of speeding up the implementation of the Treatment First model for homelessness tied to addiction.
The Substance Abuse and Mental Health Services Administration (SAMHSA) funding supports the initiative falling under President Donald Trump's executive order titled "Ending Crime and Disorder on America's Streets"...
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Jun 8, 2026 / Kyle Anzalone
Treasury Department Says Iranian Assets Will Be Used to Rebuild Gulf States
The White House is preparing to make Iranian assets available to Gulf Arab states to help the countries recover after the conflict caused significant damage throughout the region. CBS News reported speaking with a source who said that Washington will make Iranian assets accessible for rebuilding US Gulf allies related to any future damage inflicted […]
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May 11, 2026 / Tyler Durden
US To Develop Small Modular Nuclear Reactors For Commercial Shipping
US To Develop Small Modular Nuclear Reactors For Commercial Shipping
Authored by Naveen Athrappully via The Epoch Times (emphasis ours),
The United States is seeking to develop small modular nuclear reactors (SMR) for commercial vessels that would potentially bring down shipping costs, the Department of Transportation (DOT) said in a May 7 statement.
Transportation Secretary Sean Duffy speaks at a press conference at LaGuardia Airport in New York City on Oct. 28, 2025. Michael M. Santiago/Getty Images
The initiative, launched by DOT Secretary Sean P. Duffy and the Maritime Administration (MARAD), has issued...
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