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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
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Jun 8, 2026 /
Treasury Department Says Iranian Assets Will Be Used to Rebuild Gulf States
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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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