Petroleum

First, you would surrender our prior energy independence.

Russian Deputy Prime Minister Alexander Novak on Tuesday said Russia and China are working to avoid the use of SWIFT.

Biden administration has been withdrawing huge amounts of oil as gas prices have spiked.

Remember the good ole days… way back in 2020… when the United States was an exporter of energy and the price of gas was $2.17 per gallon?

U.S. business activity contracted for the fourth straight month in October, and the economic downturn “gathered significant momentum,” S&P Global said on Monday, while the White House touted low unemployment rates and credited President Joe Biden’s economic agenda for a “historically strong” economic recovery.

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.

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.

The White House announced on Tuesday that President Joe Biden would release 15 million barrels of oil from the Strategic Petroleum Reserve.

Americans across the country will be paying more for natural gas this winter season, according to a report by the U.S. Energy Information Administration (EIA).

The national average price for gas Tuesday was nearly $4 a gallon as Americans struggle under President Joe Biden’s (D) economy.