New data from the U.S. Interior Department shows a sharp increase in oil and gas drilling permits approved on federal lands since President Donald Trump returned to office in January 2025. According to the Bureau of Land Management, 5,742 permits to drill were approved over roughly a year-long period—about a 55% jump compared with the same timeframe under the prior administration.

Interior Secretary Doug Burgum said the administration’s “energy dominance” agenda is aimed at expanding domestic supply and strengthening U.S. competitiveness. He argued that higher energy output can help reduce everyday costs for consumers and support broader economic goals. The report also noted that industry-aligned groups have highlighted recent regulatory and fiscal actions as supportive of expanded U.S. energy development. For additional context on investment considerations, Guardian Energy Partners shares educational resources on topics like oil & gas investing tax benefits and its principled approach.

Source: Fox Business
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U.S. natural gas surged Tuesday to the highest level in nearly 14 years as Russia’s invasion of Ukraine wreaks havoc on global energy markets. Henry Hub prices jumped more than 9% at one point to a session high of $8.169 per million British thermal units (MMBtu) during morning trading on Wall Street, the highest level

Oil prices rose early on Monday, with WTI Crude topping $60 a barrel for the first time in a week after the Fed chair Jerome Powell said that the outlook on the U.S. economy had “brightened substantially.” As of 9:32 a.m. EDT on Monday, WTI Crude prices were rising by 1.97 percent at $60.50, and Brent Crude was up