Rebecca F. Elliott

The South American country has natural gas that could be extracted and exported quickly, but U.S. sanctions, which are now being eased, have stymied development.

Federal agencies are delaying approvals for renewable energy projects on both federal land and private property at a time when electricity demand is going up.

The German manufacturer announced plans to expand factories in several U.S. states and build a new plant in Mississippi.

Energy experts said governors and legislatures had tools to keep electricity prices from rising further, and might even be able to lower them.

The companies that turn oil into gasoline and diesel are likely to benefit more, right away, than the businesses that pump oil out of the ground.

President Trump met with oil and gas executives on Friday in an effort to push them to invest money in Venezuela, a plan many of them are reluctant to embrace.

The amounts of money, time and political uncertainty trouble executives at large Western oil companies, who plan to meet with President Trump on Friday.

Chris Wright said the Trump administration was in “active dialogue” with Venezuela’s government about the plan.

It will take years and billions in investment to revitalize Venezuela’s oil industry, and energy producers will likely be cautious before stepping in.

Companies like Phoenix Tailings, which recently began producing metal in New Hampshire, are using new processing methods to compete with Chinese suppliers.

The scope of President Trump’s blockade against ships carrying oil from Venezuela was not clear on Wednesday.