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The number of lease sales in US federal waters for 2024-29 has been cut from 47 to three.

The number of lease sales in US federal waters for 2024–29 has been cut from 47 to three.

President Joe Biden has a limited range of options with which to respond.

After Joe Manchin delivered a fatal blow to climate change legislation championed by Biden, White House officials began making plans for the president to take matters into his own hands.

President Joe Biden's bipartisan infrastructure plan, which became law in November, includes funding to build at least four hydrogen hubs.

The US is committed to replenishing the Strategic Petroleum Reserve but won't rush to do so immediately despite the recent decline in oil prices, a top Biden administration official said.

The Biden administration on Friday finalized a plan to prevent oil development across more than half of the U.S. government's mammoth petroleum reserve in Alaska.

The Biden administration's pause on new licenses for LNG exporters is already stalling progress for projects that were aiming to come online later this decade.

The U.S. may begin refilling its emergency oil reserve when crude prices dip.

Analysts warned any reprieve will be short-lived.