Oil Prices

China Takes the Lead in Global Electric Vehicle Market

In 2022, over 10 million battery electric cars and plug-in hybrids were sold worldwide, with China accounting for a staggering 60% of these sales.

U.S. Gas Prices on the Rise, Worst Yet to Come

"Oil prices remain a wildcard, but we’re likely a few weeks away from seeing the national average peak," says head of petroleum analysis at GasBuddy.

Oil Giant Saudi Aramco Posts $161 Billion Profit for 2022, Climate Activists Outraged

Climate activists reacted with equal measures of anger and despair Sunday at the news oil giant Saudi Aramco achieved record profits totalling $161.1 billion last year.

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.

CEO Warns Biden Put US in a ‘Very Precarious Position’ After More Oil Is Released

An oil CEO said the White House put the United States in a “very precarious position” after another significant release of oil from U.S. reserves.

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.

Depleting America’s Emergency Oil Supply to Elect Democrats

In the film “All the President’s Men,” Washington Post reporters Bob Woodward and Carl Bernstein’s shadowy source, “Deep Throat,” says, “follow the money.”

Get Ready for Gas Prices to Go Back Up

What does Janet Yellen know that the rest of us don’t?

Federal Leases for Oil Drilling Fall Dramatically Under Biden

The Biden administration has issued the lowest amount of federal leases to drill for oil and gas than any other administration since the end of World War Two, according to an article in The Wall Street Journal, on Sept. 4.

Republicans Still on Course for a Majority: Poll

The US Democratic Party has been bracing itself for a gloomy outcome in the November mid-term elections, with the Republicans predicted to gain a...

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