Oil

Biden Admin Cancels Oil, Gas Drilling Leases Amid Record-High Fuel Prices

The Biden administration made another decision on Thursday that is sure to upset tens of millions of drivers suffering under record-high gas and diesel prices.

‘Sexism’ Row Erupts Over Not Enough Parasitic Worms Being Named After Female Scientists

A sexism row has erupted over concerns that not enough newly discovered species of parasitic worms are named after women.

Gas, Diesel Prices at Record Highs Under Biden

Gas up 20 cents in two weeks.

After Biden Promised to Lower Prices, Diesel Hits All-Time High

The national average for a gallon of diesel fuel reached it's all-time high on Monday according to the latest data from AAA that also showed unleaded gas is nearly tied with its record-high price reached earlier this spring.

Trade Deficit Soars Over $100 Billion for the First Time Ever

The U.S. trade deficit rose an astonishing 22 percent in March to $109.8 billion as prices of oil and imported products rose due to soaring inflation, according to data released Friday by the Census Bureau and the Bureau of Economic Analysis.

Gas Prices Up Over 80% Under Biden

The latest measure of misery shows that the Americans will spend an average of $667 more for fuel this year than they did last year.

House Dems Suffer Election Anxiety, Complain Leaders Doing Too Little on Gas Prices

Democrats on Capitol Hill are increasingly anxious about how to show voters they are taking aggressive action to deflate swelled gasoline prices, even if that means voting on legislation that would likely not bear results.

EPA Waives Restrictions on Ethanol Gasoline in Bid to Lower Prices

issued a waiver on Friday designed to expand the sale of ethanol-blended gasoline as part of President Joe Biden's strategy to bring down high fuel prices.

Excessive Government Spending Is Dragging Down the American Economy, Analysts Say

A year ago, President Joe Biden was riding the polls with a 59 percent approval rating having just signed what he called the “American Rescue Plan”...

The Inflation Draining Your Wallet, Grocery Cart, and Gas Tank Is Far Steeper Than 8 Percent

The Labor Department’s March inflation numbers released this month skyrocketed past February’s, hitting a 12-month increase of 8.5 percent and the steepest annual increase since 1981.

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