U.S. Gas Prices Plummet to Lowest of the Year Amid Falling Oil Prices and Production Cuts
Gas prices in the United States are dropping, with the national average at $3.137 per gallon, down 9 cents from the previous week and the lowest of the year.
Biden Administration Allocates $3 Billion in Federal Funds to Troubled California High-Speed Rail Project
The Biden administration is providing California with over $3 billion in federal funds for its high-speed rail project, which has faced extensive delays and budget overruns.
Controversial COP28 Climate Agreement Draft Omits Fossil Fuel Phase-Out, Drawing Criticism
The latest draft of the COP28 climate agreement has removed the call to phase out fossil fuels, replacing it with a broader call for countries to reduce planet-warming pollution.
U.S. Passenger Rail Receives a $8.2 Billion Investment for 10 Projects Nationwide
The U.S. Department of Transportation's Federal Railroad Administration (FRA) has allocated $8.2 billion for 10 passenger rail projects and introduced corridor planning initiatives across the United States.
OPEC Expresses Concern Over Possible Fossil Fuel Phase-Out Discussion at Cop28
The OPEC oil cartel has expressed concerns in leaked letters about the potential for a "fossil fuels phase out" being discussed at Cop28, the UN climate summit.
Recreational Marijuana Legalized in Ohio with New Regulations Ahead
Ohio has become the 24th state to legalize recreational marijuana, following voter approval of Issue 2 in the November election.
EPA Moves to Remove Lead Pipes Nationwide to Safeguard Public Health
The Biden administration has proposed a plan, led by the EPA, to replace all lead water service pipes in the United States within a decade to protect Americans from lead exposure, which can have severe health consequences.
Lawmakers Ramp Up Scrutiny of Shein Over IPO and Forced Labor Allegations
Lawmakers are intensifying their scrutiny of Shein, a Chinese fashion retailer, following its confidential filing for an initial public offering (IPO) in the United States.
Tesla, GM, and Others Join Forces to Track Global Greenhouse Gas Emissions with Climate TRACE Database
Tesla, GM, and other companies will use the Climate TRACE database from Al Gore's climate coalition, utilizing satellites and machine learning to monitor global greenhouse gas emissions.
OPEC+ Agrees to 2.2 Million BPD Output Cuts for Early 2024, Led by Saudi Arabia
OPEC+ oil producers have agreed to voluntary output cuts totaling approximately 2.2 million barrels per day (bpd) for early next year, with Saudi Arabia continuing its existing voluntary cut.
Venezuela's Essequibo Referendum Sparks Tensions and Legal Dispute with Guyana
Venezuela is holding a referendum on whether to establish a new state in the disputed Essequibo territory, which has significant oil reserves and has been a source of tension with Guyana for over a century.
Biden Administration Utilizes Defense Production Act to Tackle Inflation and Supply Chain Challenges
The White House plans to use the Defense Production Act, a cold-war era law, to address supply chain issues contributing to inflation.
OPEC+ Meeting Delayed Amid Dispute Over Output Quotas for African Members
The OPEC+ coalition, comprising 23 oil-producing nations, has postponed a meeting to finalize output levels for 2024 by four days to November 30.
Oil Prices Retreat as OPEC+ Meeting Looms Amid Supply Cut Speculations
Oil prices dipped ahead of the scheduled OPEC+ meeting where discussions about potential supply cuts were expected.
Arson Fire Beneath Interstate 10 Shines Spotlight on Caltrans' Lease Program and Safety Concerns
Caltrans and state fire officials had expressed concerns about the storage of combustible liquids on wooden pallets under Interstate 10 for several years before a recent fire, which is now being investigated as arson, led to the closure of a major Los Angeles freeway for over a week.
France, Germany, and Italy Challenge EU's Draft AI Legislation, Threatening Regulatory Deadlock
France, Germany, and Italy have opposed the EU's draft AI legislation, particularly regulations concerning "foundation models" that underpin large AI language models.
Los Angeles' Interstate 10 Reopens Ahead of Schedule After Arson Fire
Los Angeles' Interstate 10, which had been closed for over a week due to an arson fire, reopened ahead of schedule.
Oil Industry Flourishes Post-Paris Agreement Despite Climate Efforts
Eight years after the Paris Agreement, the oil industry is thriving, with rising profits and record production levels, especially in the United States.
California Regulators Vote to Cut Rooftop Solar Incentives Again, Prompting Industry Concerns
The California Public Utilities Commission has voted to cut financial incentives for rooftop solar power for the second time, causing concern in the solar industry.
Homeless Encampment Fire in Los Angeles Sparks Concerns and Calls for Action
A fire broke out under a Los Angeles freeway where 16 people, including a pregnant woman, were living.