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Is It Time to Tax the Oil and Gas Industry’s Windfall?

Published: May 5, 2026

The war in Iran has meant big profits for fossil fuel companies, prompting some lawmakers to call for a tax. But that would be easier said than done. Read More. 

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Trump Administration Orders Rapid End to Hunting Regulations on Federal Lands

Internal Interior Department documents show parks are imposing sweeping changes like expanding areas where firearms can by used and allowing game to be cleaned in restrooms. Read More

May 4, 2026

U.S. Warns China Over Iranian Oil as Sanctions Fight Intensifies

China told its independent refineries to disregard U.S. sanctions over their purchases of Iranian crude. Read More

May 4, 2026

Trump Administration Sues Minnesota to Block Climate Lawsuit

The Justice Department is seeking to block a lawsuit filed against major players in the fossil fuel industry over their role in climate change. Read More

May 4, 2026

CSX sees volume uptick from spike in truck-to-rail conversions

Rivals Union Pacific and Norfolk Southern also pointed to signs of optimism as shippers look for cheaper alternatives to trucking due to higher fuel costs. Read More

May 4, 2026

Trump, DeSantis herald extended Atlantic red snapper season

Environmentalists and commercial fishers opposed Florida’s plan for recreational anglers, saying it would spur overfishing. Read More

May 4, 2026

Phillippine volcano ash affects nearly 200,000 people

No deaths or injuries were reported, but massive clouds of ash scattered over 120 villages, catching many by surprise, officials said. Read More

May 4, 2026

Whale of a tale ends as ‘Timmy’ swims free in North Sea

German officials reported the humpback whale was released from his barge transport about 45 miles from the coast of Skagen, Denmark. Read More

May 4, 2026

Japan and Australia strike deal on energy, critical minerals

The prime ministers of the two countries announced “the elevation of critical minerals as a core pillar of our economic security relationship.” Read More

May 4, 2026

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