BAYOU CHOCTAW, La., May 24 (Reuters) – U.S. President Joe Biden has not ruled out using export restrictions to ease soaring domestic fuel prices, U.S. Energy Secretary Jennifer Granholm said on Tuesday. Asked if the […]
Biden: High gasoline prices are part of an incredible transition away from oil and gas. The average gasoline price in the U.S. reached $4.596 per gallon at the start of this week. Soaring diesel prices […]
TOKYO May 23 (Reuters) – The White House is weighing an emergency declaration to release diesel from a rarely used stockpile in a bid to address a major supply crunch and blunt rising prices, an […]
The Biden Administration just tripled down on a losing bet to lower gasoline prices for Americans by announcing a record release from the Strategic Petroleum Reserve, as if it were a brag-worthy achievement. At the […]
ENB Publishers Note: President Biden asking the Saudis for more oil is an example of hypocrisy in its biggest form. This is actually going to work in favor of the Russians. Iraq has just announced […]
Average gas prices in the U.S. reached a new record high Thursday, according to AAA’s gas price calculator, after Republican senators slammed the Biden administration for a “de facto ban on new drilling.” The national average cost of a […]
Big Oil is raking in historic amounts of cash, but the windfall isn’t being invested in new production to help displace Russian oil and gas. Instead, executives are rewarding shareholders — setting the world up […]
Russia’s natural-gas supplies have become a tool of leverage in its conflict with Europe over the Russian invasion of Ukraine. And the stakes are high for Europe, which relies on Russia for 40 percent of the […]
U.S. Senate Judiciary Committee approved the No Oil Producing and Exporting Cartels Act. The NOPEC bill has been on and off the table for decades. It is unclear whether the bill will be signed into […]
Last year, President Joe Biden used his first Earth Day in office as the backdrop for a triumphal return to the global stage on climate. Twelve months later, the president will take the stage again. […]
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