Crude

House Dems, GOP Unify to Block Biden from Selling U.S. Oil Reserves to China

House of Representatives passes legislation banning sale of oil from Strategic Petroleum Reserve to China with bipartisan support.

Here’s a List of Biden Tax Hikes Which Take Effect Jan. 1

When the Democrats finally passed the "Inflation Reduction Act" in 2022 (how's that going?), they included several tax hikes set to take effect on Jan. 1, 2023.

China Aims to Break US Petro-Dollar by Buying Oil in Yuan Currency

On Friday, Chinese leader Xi Jinping met Saudi Arabian leaders in that country, expressing his interest in using yuan to buy Persian Gulf generated gas and oil.

Biden Admin Quietly Greenlights Plan to Build Huge Gulf Oil Terminal

The Biden administration has quietly approved plans to build a new crude oil terminal in the Gulf of Mexico off Texas, seemingly in contradiction to the president’s past comments on the consumption of fossil fuels and carbon emissions.

U.S. to Auction Almost 1 Million Acres off Alaskan Coast for Oil Drilling

Almost one million acres off the coast of Alaska will be auctioned off by the Biden administration next month for oil and gas drilling.

U.S. Oil Producers Enjoy Most Profitable Six Months Ever

They reaped a windfall of hundreds of billions of dollars since February, according to the report.

Is a 25th Amendment Removal in Joe Biden’s Future?

The time may be coming when the country will have to have a serious conversation about a very uncomfortable topic: President Biden’s mental health.

Upcoming FBI Testimony Will Spotlight ‘White Domestic Extremism’

The House Judiciary Committee will interview former Federal Bureau of Investigation (FBI) Counterterrorism Division Assistant Director Jill Sanborn, on December 2nd in regard to allegations of politicization of the bureau.

Saudi Arabia Strengthens Ties With China After Snubs, Begging From Biden

Leaders from Saudi Arabia and China said on Friday that the two nations will strengthen cooperation on energy after the Islamic kingdom’s falling out with the United States.

Biden Announces Release of More Oil From Strategic Reserve Ahead of Midterms

The White House announced on Tuesday that President Joe Biden would release 15 million barrels of oil from the Strategic Petroleum Reserve.

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