For the first time in four decades, a sitting president is taking direct aim at America's stagnant refining capacity, with President Donald Trump set to meet Tuesday with oil and gas executives at the White House to discuss expanding domestic refining operations.
President Donald Trump sent a pointed message to Tehran on Sunday, posting a ten-second artificial intelligence video depicting Iran's most critical oil terminal "blown to smithereens."
President Donald Trump announced Sunday that a sweeping energy agreement with Venezuela will grant the United States access to more than 65 billion barrels of proven oil reserves, a deal he says will "substantially lower Gas Prices for all Americans" while repairing damage done by his predecessor.
Six months into the war with Iran, a glimmer of hope emerged Wednesday as global oil prices dropped below $90 a barrel on news that Tehran and Oman may be close to reopening the Strait of Hormuz.
Ten million barrels of oil are slipping past Iran's attempted chokehold on global energy supplies every single day, thanks to a covert American military operation that has quietly opened a stealth shipping corridor through one of the world's most strategic waterways.
The Trump administration is pushing to reopen closed oil refineries across the United States, including a dormant facility in the U.S. Virgin Islands, as gasoline prices remain elevated above $4.10 per gallon amid the ongoing Iran war.
