Petroleum

New Rules Set to Increase Fees and Environmental Standards for Oil and Gas Operators on Federal Lands

President Joe Biden's administration on Friday implemented a series of reforms aimed at enhancing returns and mitigating environmental damage from oil and gas drilling...

Energy Department Scraps Oil Purchase Plans for Strategic Reserve as Prices Surge

The Biden administration has decided to forego its recent plans to procure oil for the Strategic Petroleum Reserve as crude prices continue to climb. The...

The Middle East: Will “the Cradle of Civilization … become its Grave”? – American Minute with Bill Federer

President Nixon, in his last official address, August 8, 1974, left a cryptic warning of the Middle East "... so that the cradle of civilization will not...

Alaska Democratic Party Explores Ending Oil Drilling

The Democratic Party of Alaska is considering a call for an end to oil production in the state, according to a report from The Daily Wire.

House Passes Bipartisan Bill Imposes Sanctions on Ports Processing Iranian Oil

In a bipartisan vote, the GOP House passed a bill that imposes new sanctions on ports and refineries that process oil from Iran.

California Sues Oil Giants For ‘Deceiving’ Public on Climate Change

California is suing oil companies for "deceiving" the public on how their fossil fuels contributed to climate change.

Trump Vows to Make U.S. #1 Lowest Cost Energy Provider in 2024

On international climate agreements, Trump reaffirmed his stance, declaring he would "once again exit the horrendously unfair Paris Climate Accords" and stand against "the radical left’s Green New Deal policies."

U.S. Job Openings Hit More Than Two-Year Low, Labor Market Still Tight Under Biden Admin

Interest rates may remain elevated as U.S. job openings fell to the lowest levels in two years but remained at levels congruent with tight labor market conditions.

Trump Announces Plan to Rescue U.S. Auto Industry from Biden’s ‘Job-Killing’ Policies (Watch)

"If Biden’s assault is not stopped, American auto-production will be totally DEAD," says Trump.

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.

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