Petroleum

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.

70-Car Train Carrying Hazardous Materials Derails in North Dakota

A 70-car train carrying hazardous materials derailed in North Dakota with 31 cars derailing, some of which leaked petroleum, but no injuries were reported.

California Lawmakers to Vote on Bill Penalizing Oil Companies for Raising Gas Prices

California lawmakers will vote on a bill penalizing gas and oil companies for raising gas prices.

Biden Attempts to Win Swing Voters

Biden's recent approval of an oil project is likely an attempt to gain support among swing voters.

Biden Approves Major Alaska Oil Project Despite Environmental Criticism

The Biden administration has approved ConocoPhillips' Willow oil project in Alaska's National Petroleum Reserve-Alaska, allowing the company to establish three drill sites initially and generating controversy from environmentalists who argue that it breaks Biden's campaign promise to stop new oil drilling on public lands.

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.

How the Western Hemisphere Became the Leftist Hemisphere

It’s not just the United States that’s being pulled (or is it pushed?) to the left.

House Dems, GOP Unify to Block Biden from Selling U.S. Oil Reserves to China

House of Representatives passes legislation banning sale of oil from Strategic Petroleum Reserve to China with bipartisan support.

Here’s a List of Biden Tax Hikes Which Take Effect Jan. 1

When the Democrats finally passed the "Inflation Reduction Act" in 2022 (how's that going?), they included several tax hikes set to take effect on Jan. 1, 2023.

China Aims to Break US Petro-Dollar by Buying Oil in Yuan Currency

On Friday, Chinese leader Xi Jinping met Saudi Arabian leaders in that country, expressing his interest in using yuan to buy Persian Gulf generated gas and oil.

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