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News & Articles By Sterling Ashworth
07/23/2026
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By Sterling Ashworth
Trump’s 18-Month Deadline to Halve Electricity Prices Arrives With Rates Up 18%
President Donald Trump pledged on the campaign trail to cut electricity prices in half within 18 months of returning to office, promising to use executive authority to bring down costs. That self-imposed deadline is July 20, 2026. Speaking at a rally in Asheville, North Carolina on Aug. 14, 2024, Trump said he would issue an […]
07/21/2026
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By Sterling Ashworth
Trump’s Gas Gimmick Crashes: “Freedom Fuel” Price Already Failing
The White House earlier announced the launch of a network of gas stations branded as “Freedom Fuel,” touting a price of $3.47 per gallon – a figure intended to honor President Donald Trump as the 47th president. But data from the fuel-price tracking platform GasBuddy shows that actual prices at the stations have already risen above […]
07/19/2026
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By Sterling Ashworth
China’s Oil Inventory Draw Reshapes Global Crude Market During Iran Conflict
China drew 41 million barrels from crude inventories in June, one of the largest monthly draws on record, according to the International Energy Agency. The draw allowed Chinese refiners to meet domestic demand from storage rather than increasing imports, easing pressure on global oil supplies during the conflict in Iran. The Middle East conflict has […]
07/18/2026
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By Sterling Ashworth
China’s Oil Imports Plunge 40% as Conflict Flares in Strait of Hormuz
China’s crude oil imports fell 41% in June to 29.27 million tonnes, the lowest monthly volume since October 2016, according to data released by Chinese customs on Tuesday. The world’s largest oil importer purchased an average of 11.6 million barrels per day last year, more than the combined imports of France, the United Kingdom and […]
07/08/2026
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By Sterling Ashworth
Poll: Almost Half of Americans Struggle to Afford Food and Fuel
Nearly half of Americans reported difficulty affording everyday necessities such as groceries and gas, according to a new Harris Poll conducted for The Guardian. The survey found that 95% of respondents believe the U.S. is experiencing an affordability crisis. Separately, a Gallup poll released in April 2026 found that 55% of Americans believe their financial […]
07/05/2026
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By Sterling Ashworth
U.S. Department of Energy Awards $75M to Five Projects for Critical Mineral Recovery from Coal Feedstocks
The U.S. Department of Energy’s (DOE) Office of Critical Minerals and Energy Innovation has awarded $75 million to five projects that will use coal and coal-based feedstocks to produce rare earth elements and other critical materials, officials announced July 2, 2026. The funding is part of a larger $275 million initiative announced in November 2025 […]
06/30/2026
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By Sterling Ashworth
Lithium Prices Tumble on Reports of Potential CATL Mine Restart
Lithium carbonate futures in China fell nearly 10% over two trading sessions to a 10-week low of 157,000 yuan ($23,175) per ton as of Tuesday, according to market data cited by a report from OilPrice.com. The decline followed reports that Contemporary Amperex Technology Co. (CATL) may soon restart operations at its Jianxiawo lithium mine in […]
06/27/2026
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By Sterling Ashworth
U.S. DOE Announces $17.5B in Loans for 10 New Nuclear Reactors
On June 23, the U.S. Department of Energy (DOE) announced $17.5 billion in conditional loans to support the construction of 10 large-scale commercial nuclear reactors, according to officials. The funding, issued through the Office of Energy Dominance Financing, will go to five eligible projects partnering with Westinghouse Electric Co., which is co-owned by Brookfield Renewable […]
06/17/2026
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By Sterling Ashworth
Oil Prices Crash as Traders Bet the War Is Over
Brent crude futures fell below $79 per barrel on Tuesday, its lowest level since March, according to a report by Julianne Geiger for Oilprice.com. The decline followed the United States and Iran digitally signing a peace agreement that includes the reopening of the Strait of Hormuz and the immediate return of Iranian oil sales to […]
06/12/2026
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By Sterling Ashworth
Energy Prices Push U.S. Inflation to 4.2%, Highest Since 2023
U.S. inflation rose to 4.2% in May, the highest since April 2023, according to data released Wednesday, June 10, by the Bureau of Labor Statistics (BLS). The Consumer Price Index (CPI) increased 0.5% from April, matching economists’ expectations, the report stated. Energy prices were the primary driver, rising 3.9% month-over-month and 23.5% year-over-year, accounting for about […]
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