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Chevron's CEO asserted that the oil industry isn't attempting to hold back supply, rejecting allegations made by the Biden administration in recent weeks amid record-high gas prices.
Chevron's CEO asserted that the oil industry isn't attempting to hold back supply, rejecting allegations made by the Biden administration in recent weeks amid record-high gas prices.
Big Oil majors in the United States have found themselves the target of much pressure to boost production lately, as prices go wild amid a tight--and tightening--market.
Update (1600ET): President Biden on Friday that Saudi Crown Prince MBS said he wasn't responsible for the murder of Jamal Khashoggi, after Biden says he told MBS that he 'thought he was personally responsible.'
ESG is a policy sledgehammer designed to kill oil, gas and coal production throughout the world.
Cities in California are banning the construction of new gas stations in an effort to fight climate change, despite record-high gas prices and the lack of scientific evidence that banning gas in California will have any effect on global temperatures.
'This is just pure disinformation'
President Biden's trip next week to a Saudi Arabia, that not long ago he referred to as a "pariah state," demonstrates just how desperate his Administration is to save the sinking ship of the US economy. Officials are now floating the idea of approvi
...overlooked the greenhouse gas emission footprint of foreign oil consumption in its environmental review of the project...
Investment in all phases of the fossil energy industry has swooned sharply in recent years, owing to both government regulatory and tax subsidy interventions and also due to the takeover of the Wall Street energy narrative by the ESG (environmental,
State law in New Jersey has long required that Costco allow anyone, including non-members, to purchase gasoline at its fuel stations. That is changing, however, due to supply chain, inflation and shortage issues.
More than 5 million barrels of oil that were part of a historic U.S. emergency reserves release to lower domestic fuel prices were exported to Europe and Asia last month, according to data and sources, even as U.S. gasoline and diesel prices hit reco
Experts are warning the plan won't work and trying to implement it could bring oil prices over $300 per barrel
Biden regime BLOCKS new Atlantic and Pacific oil drilling operations, which will send fuel prices even higher
Why is Biden emptying out the strategic petroleum reserve when we could just pump more oil?
At what point is this viewed as enemy action?
"Running hard increases general stress on a unit, increasing the risk of an unplanned outage,"
Oil prices tumbled Tuesday with the U.S. benchmark falling below $100 as recession fears grow, sparking fears that an economic slowdown will cut demand for petroleum products.
The market viewed the price increase as a sign that the world's top crude oil exporter expects robust demand this summer despite growing fears of a recession that could sink demand.
Is President Biden hoping for a recession?
While the Biden administration is hoping and praying that someone - anyone - will watch the comical "Jan 6" kangaroo hearsay court taking place in Congress and meant to somehow block Trump from running for president in 2024 while also making hundreds
The Biden administration is preventing the second-largest US liquefied natural gas export facility from repairing or restarting operations in the wake of a fire earlier this month over 'risks to public safety.'
In a rare press conference after the Madrid NATO Summit today, President Biden was asked how long Americans should expect to pay high gas prices over the Ukraine conflict.
High hopes had been placed on the indirect talks set to be held in Qatar starting Tuesday between Iran and the United States, which involved the European Union mediating between the two; however after the second day the Iranian side is reporting that
There are two schools of thought when it comes to the stagflation crisis: Those that think inflation in necessities is part of a deliberate agenda of national sabotage, and those that think the whole disaster is a product of pure stupidity.
Europe threatens to cut imports from Russia further, and pretend to pay less, but only if Russia doesn't cut exports to Europe even more first.
President Biden will attend the Gulf Cooperation Council meeting in Saudi Arabia next month, with the explicit goal of convincing the GCC -- that is, the Saudis -- to increase production of crude oil as a tool with which reduce gasoline prices in t
Demand for long-term LNG contracts has increased sharply in the current year, with suppliers taking advantage of robust demand thanks to a global effort to cut Russian imports by demanding much higher rates for new long-term contracts.
WHAT THE PILOT CEO SAYS ABOUT DIESEL SHORTAGES
WHAT THE PILOT CEO SAYS ABOUT DIESEL SHORTAGES
