DAILYCALLER (Spencer Lombardo) - Energy Secretary Gives Reality Check After US Military Takes Out Three Iranian Oil Tankers
‘Our transits through the strait are averaging over 9 million barrels a day now’
ABCNEWS (ABC News: Top Stories) - Energy Secretary says 'there may not be' a nuclear agreement with Iran
Energy Secretary Chris Wright told ABC News' "This Week" that a nuclear agreement with Iran may not come to fruition after months of war with the country.
AXIOS (Ben Geman) - The coming verdict on Trump's Strait of Hormuz strategy
The White House is at odds with some private sector analysts over how much oil is leaving the Strait of Hormuz — but it will take weeks until the picture of what's truly getting through becomes clear. Why it matters: How much oil exits the waterway sways the price of gasoline and other consumer products. - The White House is claiming success in forcing open the world's most important energy chokepoint, which handled 20 million barrels of crude and oil products each day before the Iran war. - The verdict could arrive as fall election campaigns near fever pitch. Driving the news: President Trump claimed yesterday that 18 million barrels per day are moving, saying via Truth Social that "Hormuz Volumes are BACK." - Energy Secretary…
AXIOS (Amy Harder) - Alaska seeks oil revival while grappling with a warming future
EXIT GLACIER, Alaska — America's 49th state is a study in contrasts: Rapidly melting glaciers like this one attract tourists, while the oil industry underpinning its economy is getting a fresh boost from Washington after decades of decline. Why it matters: Few places put the causes and consequences of global warming in such close proximity, making Alaska a vivid window into the world's reliance on fossil fuels as climate impacts mount. Driving the news: "Alaska is a powerhouse," Energy Secretary Chris Wright said last week in Anchorage at the state oil and gas trade group's annual conference, according to Alaska News Source. - "I think you could have an incredible several years, several decades coming with just some common sense…
YOUTUBE (LiveNOW from FOX) - Trump’s energy chief visits Venezuela as Chevron plans to double production
We are learning more this week as oil giant Chevron confirmed that it will expand operations in Venezuela. This comes after President Donald Trump announced a deal to develop the nation’s oil reserves and give the Pentagon a stake in the profits. U.S. Energy Secretary Chris Wright on Wednesday attended a ceremony in Venezuela’s capital to sign new agreements with the South American country’s government. LiveNOW’s Austin Westfall is speaking with Ed Hirs, an University of Houston Energy Fellow, as we learn more about how these deals will impact consumers. “President Trump’s mission in Venezuela is straightforward. The mission is to bring peace, freedom, opportunity and prosperity to the people of Venezuela,” Wright reportedly…
YOUTUBE (Fox News) - US seals major Venezuela oil deal with landmark signing
U.S. Energy Secretary Chris Wright, acting Venezuelan President Delcy Rodriguez and top oil officials outline the Trump administration’s energy agenda during a signing event and press conference. #foxnews #news #us #fox Don’t just watch Fox News—be part of it. Become a Fox News Patriot today. https://youtube.com/foxnews/join
DAILYCALLER (Paris Apodaca) - Chevron Drills Deeper Into Trump’s Venezuela Oil Push
JUSTTHENEWS (Kevin Killough) - Trump to meet with oil refinery reps to discuss expanding US refining capacity to lower gas prices
The meeting will include Interior Secretary Doug Burgum, Energy Secretary Chris Wright, and National Energy Dominance Council Executive Director Jarrod Agen.
NYTIMES (Rebecca F. Elliott, Simon Romero, Anatoly Kurmanaev and Lisa Friedman) - In Win for Trump, Chevron Is Said to Be in Talks to Expand in Venezuela
The Trump administration has been pushing U.S. oil companies like Chevron to invest more in Venezuela’s oil industry.
AXIOS (Marc Caputo) - Scoop: U.S. close to striking "massive" deal for Venezuelan oil fields
The Trump administration is in talks with Venezuela's interim government about taking an ownership stake in the South American country's enormous oil resources, two U.S. officials tell Axios. Why it matters: The historic deal would more than double U.S. oil reserves by drawing from a country that has the world's largest proven reserves. - "Calling this deal huge would be an understatement," one of the officials said. "It is massive." - Adding pressure to get the deal signed: the wars in Iran and Ukraine, which have disrupted global oil supplies and raised prices. - The U.S. Strategic Petroleum Reserve is now at a 40-year low . Zoom in: Details are still being hammered out, but the discussions involve more than a dozen productive oil…