World Jan 07 White House says U.S. will control Venezuelan oil industry 'indefinitely' By Nick Schifrin, Eliot Barnhart
Politics Jan 07 Watch 7:12 Trump 'needs to be reined in' after Venezuela action and Greenland threats, Jeffries says To discuss the deadly ICE shooting in Minnesota, President Trump's military action in Venezuela and his threats against Greenland, Amna Nawaz spoke with House Democratic Leader Hakeem Jeffries. By Amna Nawaz, Stephanie Kotuby, Elizabeth Summers, Matt Loffman, Alexa Gold
Politics Jan 07 Watch 6:21 GOP Rep. Bacon says Trump placing 'too much emphasis on oil' after Maduro's removal Geoff Bennett spoke with Republican Congressman Don Bacon of Nebraska for his perspective on President Trump's military actions in Venezuela and his threats to take over Greenland. By Geoff Bennett, Kyle Midura
World Jan 06 Watch 7:44 Trump's push to access Venezuela's oil reserves faces major barriers President Trump says the U.S. government could subsidize any effort by American companies to rebuild Venezuela’s oil infrastructure. He has made no secret that a major goal of this weekend’s operation was to pry open Venezuela’s vast oil reserves. Geoff… By Geoff Bennett, Jackson Hudgins
World Jan 05 Trump's idea to seize Venezuela's oil industry faces major hurdles Venezuela's oil industry is in disrepair after years of neglect and international sanctions, so it will likely take years and major investments before production can increase dramatically. By Josh Funk, Associated Press
Jun 23 Trump calls for more crude drilling amid jitters that Iran may close critical shipping lane By Aamer Madhani, Associated Press President Donald Trump urged stepped-up production as the White House sharpened its warnings to Iran against closing the Strait of Hormuz, a vital oil and gas shipping lane, in retaliation for the U.S. strikes on Iran's nuclear program. Continue reading
Feb 06 Watch 5:53 Trump aggressively working to dismantle U.S. efforts to fight climate change By William Brangham, Jackson Hudgins Among the many big moves taken by the Trump administration, boosting fossil fuel development has been a priority. In a series of actions, President Trump is following through on his promise not just to ramp up oil and gas production,… Continue watching
Jul 02 Watch 8:28 Scottish oil town hopes to be Europe's green energy capital with transition to renewables By Fred de Sam Lazaro, Simeon Lancaster A major issue in Britain’s general election is the cost of living crisis, caused by spiking inflation following the Russian invasion of Ukraine. That has put pressure on the country’s pledge, written into law, to become carbon neutral by 2050. Continue watching
Dec 28 Watch 7:14 How U.S. oil production reached an all-time high in 2023 By William Brangham, Shoshana Dubnow As the year comes to a close, gas prices in the U.S are at their lowest point of 2023. And not coincidentally, domestic oil production is at a record level. But it comes at a time when the U.S. is… Continue watching
Oct 23 Chevron buys Hess in 2nd recent major fossil fuel industry buyout By Michelle Chapman, Associated Press The Chevron-Hess deal comes less than two weeks after Exxon Mobil said that it would acquire Pioneer Natural Resources for about $60 billion. Crude prices are up 9% this year and have been hovering around $90 per barrel for about… Continue reading