Chris Wright

Sen. Ruben Gallego  (D-Ariz.) is pressing the Energy Department for details on its approach to using the Strategic Petroleum Reserve (SPR) to mitigate the situation. Gallego has written to Energy Secretary Chris Wright, concerned that the SPR release may not benefit all...

Chris Wright, the Energy Secretary, stated that there could be a decrease in gas prices by the upcoming summer. Wright, in an interview with NBC News “Meet the Press” on Sunday, expressed optimism when asked about the possibility of gas prices falling below $3 per...

A senior White House official said the Pentagon expects the U.S. conflict with Iran to last several more weeks, as the administration asks Americans to brace for higher energy prices during the ongoing military campaign. Pentagon Estimates 4–6 Week Iran War Timeline On Sunday, Kevin Hassett,...

Update: The story has been updated to include recent developments. Here are the latest developments in the U.S.–Israel–Iran war on Thursday at 7:45 AM ET, as the conflict enters its thirteenth day. On Wednesday, speaking to supporters in Hebron, Kentucky, President Donald Trump claimed the U.S. had...

Editor’s note: This story was updated to add the latest developments. Crude oil extended Tuesday’s sharp selloff after U.S. Department of Energy Secretary Chris Wright announced on X that the U.S. Navy had successfully escorted an oil tanker through the Strait of Hormuz. However, the...

Israel’s extensive strikes on 30 Iranian fuel depots have reportedly ignited the first major discord between the U.S. and Israel since the conflict commenced on February 28. Israel’s strikes were more widespread than the U.S. had predicted when it was informed beforehand. The...

On Sunday, Energy Secretary Chris Wright said worries about a shutdown at the Strait of Hormuz are overblown, arguing shipments are still moving and that the jump in prices is being driven by anxiety rather than missing supply. His comments come as oil at $140 has been floated as a worst-case...

The U.S. Energy Department announced its largest-ever loan of $26.5 billion on Wednesday to bolster electric power in Georgia and Alabama, aiming to deliver over $7 billion in electricity cost savings. The department will allocate the loan to subsidiaries of the utility ...

U.S. oil companies are reportedly demanding “serious guarantees” from the administration before investing in Venezuela amid President Donald Trump‘s call for a reshaping of global energy markets. Legal, Political Risks Cloud Oil Talks Despite Trump's suggestion that U.S. oil...

The United States has declared its intention to maintain a firm grip on Venezuela’s oil industry as the Energy Secretary, Chris Wright, outlined the detailed plan to revive the sector. Plan Aims To Restart Venezuela Output Wright, at the Goldman Sachs Energy, CleanTech & Utilities...

Energy Secretary Chris Wright has said that consumers can expect relief from the relentless rise in electricity prices, and even declines later in President Donald Trump’s term. Electricity Prices Will Stop Rising ‘Very Soon’ On Sunday, Wright said that the sector faces lingering...

The Trump administration has approved a credit facility worth $1 billion for Constellation Energy Corp. (NASDAQ:CEG), according to the Wall Street Journal. The funds are designated to help reopen the Crane Clean Energy Center, the site famously known as Three Mile Island. CEG stock is moving. See...

Nuclear energy stocks rallied sharply on Tuesday as investors responded to news that Cameco Corp. (NYSE:CCJ) secured a major contract with the U.S. government to build new nuclear reactors.  SMR stock is rallying. See the real-time price action here.  The $80 billion partnership signaled and...

It sounds like something out of Silicon Valley: no revenue, no operating license, no signed customers — and yet, Oklo Inc (NASDAQ:OKLO) is worth more than $17 billion. Track OKLO stock here. The nuclear energy startup, as reported by The Financial Times, has become one of the market's most...

Sen. Edward Markey (D-Mass.) has raised concerns about the actions of U.S. Energy Secretary Chris Wright and his alleged bias towards a nuclear power company, Oklo Inc. (NYSE:OKLO). Markey Questions Wright's Oklo Ties Amid Plutonium Fuel Shift Markey, in a letter to President Donald Trump,...