WASHINGTON, Aug 7 (Reuters) – The U.S. Senate on Sunday passed a sweeping $430 billion bill intended to fight climate change, lower drug prices and raise some corporate taxes, a major victory for President Joe […]
Crude prices fell more than 3% on Wednesday afternoon. Biden’s special advisor Hochstein said that crude prices need to go even lower. Hochstein notes this is the 50th day that gasoline prices have gone down […]
The climate and tax spending deal announced last week by Senate Majority Leader Chuck Schumer and Senator Joe Manchin could cost billions in new taxes. The legislation, which may get a Senate vote as soon as this […]
News broke Wednesday that President Joe Biden and Congressional Democrats have revived tax and climate-related provisions of their Build Back Better agenda. Thursday, the U.S. Department of Commerce reported that U.S. gross domestic product (GDP) […]
Biden went to Saudi Arabia to beg for oil, came away empty-handed, and ironically slammed the United States energy markets the very next day. Tuesday morning Amos Hochstien said in an interview on CNN the […]
The Biden administration’s plan to crack down on smog in the oil-rich Permian Basin threatens to curb crude production while gasoline prices are near record highs and energy scarcity grips the globe, the industry warned […]
During US President Joseph Biden’s trip to Saudi Arabia, the world was so focused on how Crown Prince Mohammed bin Salman would respond to his plea to pump more oil immediately that it missed a […]
WASHINGTON, July 19 (Reuters) – U.S. President Joe Biden plans to announce new federal measures aimed at the climate crisis on Wednesday during a trip to Massachusetts, but will stop short of declaring a climate […]
President Biden is considering whether to declare a national climate emergency in the coming weeks as he seeks to salvage his stalled environmental agenda on Capitol Hill, where Democrats on Tuesday urged the White House […]
Oil prices gained over 4.6% on Monday as the market attempted to digest developments in the Middle East, and as the dollar weakened slightly. Brent oil prices climbed to $105.8 per barrel by 3:42 EST Monday, up […]
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