Energy

Us Resumes Oil, Gas Drilling on Federal Lands, With Increased Oil Royalty Rate

The Biden administration on Friday said it has resumed plans to facilitate oil and gas drilling on federal lands, but that it would offer...

More Countries Agree to Ruble Payments for Gas – Russian Deputy PM

Several buyers of Russian natural gas have agreed to switch to payment in rubles, Russian Deputy Prime Minister Alexander Novak said on Friday.

Wholesale Inflation Soars at 11.2% Rate in March, Largest Gain on Record

Wholesale inflation rose 11.2% annually in March, driven largely by an increase in the price of gasoline, the Bureau of Labor Statistics reported on Wednesday.

This Isn’t Putin’s Inflation

White House aides were out in force on Monday warning that Tuesday’s inflation report would be ugly and blaming it on Vladimir Putin.

Just 16 Percent Strongly Approve of Joe Biden

Just 16 percent of Americans strongly approve of President Joe Biden, a Wednesday Morning Consult/Politico poll reveals.

U.S. Inflation Hits 8.5% Under Biden: Highest Since 1981

Gas prices rocket 48% in past 12 months.

White House Expects Inflation to Be ‘Extraordinarily Elevated’ in March Report

The Biden Administration painted a bleak outlook for Tuesday’s much anticipated consumer inflation report.

U.S. Responds to Ukrainian Chemical Weapons Claim

The US Defense Department cannot confirm the use of chemical weapons in Mariupol, a spokesman admitted on Tuesday.

Hungary Says It’s Ready to Pay for Russian Gas in Rubles

The switch to seller’s national currency does not violate EU sanctions, foreign minister says

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