energy
Capitol Report (Jan. 24): Pence Hands Over Classified Documents; DOJ Sues Google Over Advertising Monopoly
Classified documents were found at former Vice President Mike Pence’s home. How are the White House and lawmakers reacting, as scrutiny over President Joe Biden’s classified files continues to grow? Democrats take a trip to the White House to discuss raising the debt limit. Senate Minority Leader Mitch McConnell tells NTD about the House Republicans’ […]
Energy Expert: Crude Oil Prices Likely Going Up In 2023
Oil fell by around $1 a barrel on Thursday in volatile trade, as the impact of tighter U.S. crude stocks due to a winter storm in the United States was outweighed by fears that Federal Reserve interest rate hikes and China’s rising COVID-19 cases would dent demand. Brent crude futures settled at $80.98 a barrel, […]
Capitol Report (Dec. 13): FTX Accused of Giving Tens of Millions to Lawmakers; Biden Signs Gay Marriage Bill Into Law
Unanswered questions linger over the collapse of crypto exchange FTX. Founder Sam Bankman-Fried was absent from an oversight hearing on Capitol Hill after his arrest. What do lawmakers propose to prevent a future collapse? President Joe Biden signed a bill that grants federal protections to same-sex marriage. What does it mean and why are some […]
Clean Energy Grant Fraud Results in 7 Year Prison Sentence
BOSTON—A Massachusetts man who participated in a scheme to defraud the U.S. government out of about $50 million in tax-free grants intended to fund clean energy projects has been sentenced to seven years in prison, federal prosecutors said Wednesday. Christopher N. Condron, 50, was also sentenced Tuesday in U.S. District Court in Boston to three […]
Hungarians Pedal Hard to Power Up Lights on Budapest Christmas Tree
BUDAPEST—A bicycle pedaled by passersby powers up a Christmas tree-shaped light installation in Budapest, as the local mayor promotes celebrating the festive season while saving on surging energy costs. His municipality decided to cancel most of the usual Christmas light decorations this year due to the energy crisis. The tree only lights up fully while […]
Ukrainians Say Expecting More Russian Attacks on Energy Grid
At a Nov. 28 event hosted by an influential Washington think tank, Ukrainians described Russian strikes on their energy infrastructure and detailed the resources they say they need to recover, on the heels of billions in U.S. and other aid to the Eastern European country. “He [Vladimir Putin] is sure that this winter is a […]
Ukraine Braces for Harsh Winter as Russian Strikes Cripple Power Facilities
KYIV—Ukrainians braced for a winter with little or no power in several areas including the capital where temperatures have already dropped below freezing as Russian strikes crippled the country’s energy capacity. President Volodymyr Zelenskyy urged people to conserve power, particularly in hard-hit areas such as Kyiv, Vinnytsia in the southwest, Sumy in the north, and […]