Gas

Biden Giving U.S. Oil from Strategic Reserve to Europe

President Joe Biden promised that oil from the Strategic Petroleum Reserve would curb record-high gas prices. But some of that oil is now going to Europe.

Biggest Money Manager BlackRock Expects 75% of Company and Govt. Assets to Be Net Zero-Aligned by 2030

"Our clients' portfolios—which reflect the global economy—cannot reach net zero without sustained and consistent government policy, accelerated technological breakthroughs, and substantial adaptation in corporate business models," says BlackRock.

Blame Powell, Not Putin or ‘Greedy’ Corporations, for Price Hikes

The Biden administration and its allies continue to use Russian President Vladimir Putin as the convenient excuse for their economic failures.

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.

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.

Man Arrested in Pennsylvania After Placing ‘Biden: I Did That’ Stickers at Gas Pumps

A man was arrested in Lancaster, Pennsylvania, after allegedly placing stickers at gas pumps that blame President Joe Biden for skyrocketing gas prices across the nation.

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