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U.S. strategic reserves are getting so low the drawdown threatens to damage the 60 underground salt caverns storing American oil

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A dropout living in a trailer, he got $1 million from Peter Thiel at 19—now he's a billionaire who says the American Dream isn't dead

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Billionaire Gen Zer dropped out of high school to launch his startup at 17—now he’s the richest self-made 25-year-old in the U.K and all of Europe

1

U.S. strategic reserves are getting so low the drawdown threatens to damage the 60 underground salt caverns storing American oil

2

A dropout living in a trailer, he got $1 million from Peter Thiel at 19—now he's a billionaire who says the American Dream isn't dead

3

Billionaire Gen Zer dropped out of high school to launch his startup at 17—now he’s the richest self-made 25-year-old in the U.K and all of Europe
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Energy

All things energy: oil, natural gas, renewable energy, electricity, and other sources of power.
Data center gas plants to boost U.S. power emissions by 20%
Data center gas plants to boost U.S. power emissions by 20%

Ninety-nine proposed gas plants to power AI data centers could lift emissions by up to a third, with Amazon and Microsoft among the developers

By Matt Day, Mark Chediak and BloombergAugust 18, 2026
Current price of oil as of Aug. 18, 2026
Current price of oil as of August 18, 2026
By Joseph HostetlerAugust 18, 2026
BANDAR ABBAS, IRAN - A person wades in the water as ships are seen anchored in the Strait of Hormuz on Aug. 10, 2026 off the coast of Bandar Abbas, Iran. In a recent statement, Iran's Supreme National Security Council said the vital waterway would not reopen until the United States corrects its behavior, demanding that the U.S. end its war on Iran and compensate the country for war damage, among other conditions. Iran has largely halted vessel traffic through the strait with the threat of strikes; meanwhile, the U.S. has imposed a blockade on Iranian ports.
The Iran war may kill the ‘freedom of seas’ worldwide and everyone would pay the price
By Jordan BlumAugust 18, 2026
Photo of Chris Wright speaking at a podium
U.S. strategic reserves are getting so low the drawdown threatens to damage the 60 underground salt caverns storing American oil
By Sasha RogelbergAugust 17, 2026
Photo of Trump and American flags
Trump’s Venezuela fixer is promoting ‘America First’ oil deals
By Fabiola Zerpa, Ezra Fieser, Patricia Garip, Ben Bartenstein and BloombergAugust 17, 2026
Current price of oil as of Aug. 17, 2026
Current price of oil as of August 17, 2026
By Joseph HostetlerAugust 17, 2026
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The U.S. built its brand by attracting the world’s best and brightest. It must not lose that advantage
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The U.S. built its brand by attracting the world’s best and brightest. It must not lose that advantage
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With the national debt nearing $40 trillion, Bank of America has a warning for bond investors
By Joshua HongAugust 18, 2026
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Meet the venture capital and crypto billionaires quietly bankrolling the fight against California’s wealth tax
By Mia OsmonbekovAugust 18, 2026
OpenAI says it paused AI training for two weeks and announces new security protocols following Hugging Face hack
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OpenAI says it paused AI training for two weeks and announces new security protocols following Hugging Face hack
By Emily ForliniAugust 18, 2026
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Iran rejects U.S. talks for now as wait for Hormuz deal drags on
Energy
Iran rejects U.S. talks for now as wait for Hormuz deal drags on
By Sara Gharaibeh, Patrick Sykes and BloombergAugust 9, 2026
Iran-backed Houthi rebels attack crucial Red Sea port and Saudi Aramco refinery as fighting escalates
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Iran-backed Houthi rebels attack crucial Red Sea port and Saudi Aramco refinery as fighting escalates
By The Associated PressAugust 9, 2026
Eastern Mediterranean Sea is fast becoming an alternative energy source for Europe amid wars in Ukraine and Mideast, Cyprus says
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Eastern Mediterranean Sea is fast becoming an alternative energy source for Europe amid wars in Ukraine and Mideast, Cyprus says
By Menelaos Hadjicostis and The Associated PressAugust 9, 2026
This nuclear startup and Halliburton repurposed oil-drilling tech in a bid to solve America’s radioactive waste problem
Energy
This nuclear startup and Halliburton repurposed oil-drilling tech in a bid to solve America’s radioactive waste problem
By Jordan BlumAugust 9, 2026
Iran issues long list of steep demands the U.S. must satisfy before the Strait of Hormuz will be reopened, including total compensation for war damage
Politics
Iran issues long list of steep demands the U.S. must satisfy before the Strait of Hormuz will be reopened, including total compensation for war damage
By The Associated PressAugust 8, 2026
Iranian officials are worried the U.S. blockade will cause an economic collapse and admit sanctions relief is desperately needed
Middle East
Iranian officials are worried the U.S. blockade will cause an economic collapse and admit sanctions relief is desperately needed
By Jason MaAugust 8, 2026
Largest U.S. reservoir plummets to lowest level since it was filled some 90 years ago as water crisis deepens for western states
Environment
Largest U.S. reservoir plummets to lowest level since it was filled some 90 years ago as water crisis deepens for western states
By Ty O'Neil, Dorany Pineda and The Associated PressAugust 8, 2026
Chevron employees examine a new GE Vernova gas turbine.
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How Chevron became the AI darling of Big Oil
By Jordan BlumAugust 8, 2026
China’s export engine is cooling—but high-tech demand isn’t.
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China’s export engine is cooling—but high-tech demand isn’t.
By Elaine Kurtenbach and The Associated PressAugust 7, 2026
A view of commercial cargo vessels and crude oil tankers are anchored in the Gulf of Oman, off the coast of Muscat, Oman
Energy
Iran says agreement on Hormuz shipping reached with Oman
By Bloomberg and Eltaf NajafizadaAugust 7, 2026
The emerging deal to reopen the Strait of Hormuz reportedly recognizes Iran’s control—and the U.S. may have to accept it
Middle East
The emerging deal to reopen the Strait of Hormuz reportedly recognizes Iran’s control—and the U.S. may have to accept it
By Jason MaAugust 7, 2026
cuba
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Trump’s blockade of Cuba has created an upside-down world with 20-minute spurts of electricity access
By Andrea Rodriguez and The Associated PressAugust 7, 2026
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Trump hates offshore wind so much that he’s using taxpayer money for billion-dollar settlements to kill projects
By Jennifer McDermott and The Associated PressAugust 7, 2026
ConocoPhillips’ Andy O’Brien steps up from CFO to CEO—the latest sign finance chiefs are winning more top jobs
C-Suite
ConocoPhillips’ Andy O’Brien steps up from CFO to CEO—the latest sign finance chiefs are winning more top jobs
By Sheryl EstradaAugust 7, 2026
Current price of oil as of Aug. 7, 2026
Personal Finance
Current price of oil as of August 7, 2026
By Joseph HostetlerAugust 7, 2026
Asia needs deeper energy markets if it’s going to achieve its AI ambitions
Commentary
Asia needs deeper energy markets if it’s going to achieve its AI ambitions
By Guy WolfAugust 6, 2026
RWE’s $1.22B exit marks the latest in Trump’s billion-dollar offshore wind buyouts—now topping $3B to redirect developers to fossil fuels
Energy
RWE’s $1.22B exit marks the latest in Trump’s billion-dollar offshore wind buyouts—now topping $3B to redirect developers to fossil fuels
By Jordan BlumAugust 6, 2026
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AI’s volatile power demand is damaging its own data centers
By Bloomberg and Naureen S. MalikAugust 6, 2026
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Pentagon war game exposed a critical U.S. aluminum risk months before Iran attacks
By Bloomberg and Yvonne Yue LiAugust 6, 2026
ConocoPhillips CEO Ryan Lance speaks while seated on stage at an energy conference in Houston.
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ConocoPhillips CEO Ryan Lance steps down after 14 years and will be replaced by the CFO, a company lifer
By Jordan BlumAugust 6, 2026
Qatar’s Ooredoo, Nvidia, and Nokia unveil multi-billion-dollar AI compute platform—and Southeast Asia is their target
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Qatar’s Ooredoo, Nvidia, and Nokia unveil multi-billion-dollar AI compute platform—and Southeast Asia is their target
By Melissa HancockAugust 6, 2026
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I’m a data center CEO. Communities deserve better partners, not blanket bans
By Chris CrosbyAugust 6, 2026
Current price of oil as of Aug. 6, 2026
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Current price of oil as of August 6, 2026
By Joseph HostetlerAugust 6, 2026
Zach Dell is the co-founder and CEO of Base Power.
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Michael Dell’s son built a $13 billion home battery business—and he’s going on 30 years old
By Jordan BlumAugust 6, 2026
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Wall Street stays steady at record highs as ‘coiled spring’ releases in August, with talks of deal to reopen Strait of Hormuz
By The Associated Press and Damian J. TroiseAugust 5, 2026
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Politics
Trump claims — yet again — that a deal to reopen Hormuz is close
By The Associated Press, Elena Becatoros, Samy Magdy and Darlene SupervilleAugust 5, 2026
Current price of oil as of Aug. 5, 2026
Personal Finance
Current price of oil as of August 5, 2026
By Joseph HostetlerAugust 5, 2026
The remains of the German tugboat wreckage marked as UJ-106 in the Danube River.
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Danube River’s shrinking water levels expose dozens of World War II ships
By The Associated Press and Marko DrobnjakovicAugust 4, 2026
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Global shares rally, oil rebounds as Iran war de-escalation, yen intervention worries ease
By The Associated Press and Yuri KageyamaAugust 4, 2026
Could a UN-backed plan to reopen Hormuz break the deadlock? 
Newsletters
Could a UN-backed plan to reopen Hormuz break the deadlock? 
By Melissa HancockAugust 4, 2026
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Energy
U.S. strategic reserves are getting so low the drawdown threatens to damage the 60 underground salt caverns storing American oilplaceholder alt text
By Sasha RogelbergAugust 17, 2026
Success
A dropout living in a trailer, he got $1 million from Peter Thiel at 19—now he's a billionaire who says the American Dream isn't deadplaceholder alt text
By Orianna Rosa RoyleAugust 18, 2026
Success
Billionaire Gen Zer dropped out of high school to launch his startup at 17—now he’s the richest self-made 25-year-old in the U.K and all of Europeplaceholder alt text
By Emma BurleighAugust 17, 2026
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