Oil Companies

Biden backtracks on oil drilling ban

US President Joe Biden will apparently allow new leasing of federal lands for oil and natural-gas exploration, though with new restrictions and higher fees on producers, rather than fulfill a campaign promise to halt drilling.

Gas Prices Are Rising. Who Did That?

Slapped on a gas pump next to the digital meter display, the stickers tell a simple, powerful story: Today’s gasoline prices, the highest in years, are courtesy of the commander in chief.

Joe Biden Releases 50 Million Barrels of Oil from National Strategic Petroleum Reserve as Gas Prices Keep Rising

The White House announced Tuesday that President Joe Biden would release 50 million barrels of oil from the Strategic Petroleum Reserve.

John Kerry Financial Disclosures Show Millions in Income From Stocks, Including Oil Companies

John Kerry, special presidential envoy on climate at the State Department, has disclosed millions of dollars in income from stocks—including of oil companies—that he liquidated after he assumed office in January, according to financial disclosure forms obtained by media outlets.

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