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Possible rail strike could send shockwaves through energy industry

A strike by U.S. railroad workers could have dramatic impacts on energy delivery, with industry groups warning of logistical snarls and price increases for consumers. The potential strike — which Congress and President Biden are scrambling to avert — would predominantly affect commodities that can’t be transported by pipelines, such as coal and ethanol. A…

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Trump’s big oil crackdown ‘sounds like political theater’, says expert

President Trump has ordered the DOJ to investigate oil companies over claims they are too slow to lower gas prices despite falling crude costs. Karen Young, senior research scholar at Columbia University’s Center on Global Energy Policy, called the move “political theater,” saying that’s “not really how gasoline prices work” in the U.S.

News and Publications with Karen E. Young • CNBC • June 24, 2026
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