ON AIR NOW
Click to Play
Donald Trump imposed a naval blockade on Venezuela and admitted he wants to take its oil and give it to US corporations: "We had a lot of oil there. They threw our companies out, and we want it back".
Oil remains one of the most strategically important resources in the global economy. It powers transportation systems, underpins industrial activity, and continues to shape geopolitics and trade flows.
At 3:47 AM this morning, President Trump announced that US warplanes struck four Venezuelan states including Caracas, capturing President Maduro in what he called a "large scale military operation." This investigation reveals how Trump spent $2.8 bil
Good news for the end of a narco-state. Bad news for the Canadian economy.
Oil may not be formed the way we think it is.
In a stunning reversal of fortune, the United States has solidified its position as the world's undisputed hydrocarbon superpower, a title driven by a decade-long shale revolution and now underscored by its commanding lead in the global liquefied nat
peak oil theory, a contention that conventional sources of crude oil, as of the early 21st century, either have already reached or are about to reach their maximum production capacity worldwide and will diminish significantly in volume by the middle
Among the many rationalizations that the Trump administration is using to initiate massive force and violence against the Venezuelan people is that the Venezuelan government nationalized American oil interests many years ago.
The United States has taken a dramatic step in its ongoing standoff with Venezuela, one that puts oil, and the future of the Maduro regime, squarely at the centre of global attention.
Cuba was already in dire straits. Oil is the finishing touch.
The U.S. Energy Information Administration quietly rewrote a key assumption about the global oil market this week: OPEC can produce more oil than previously thought.
A gallon of gas costs about twice as much in California as it does pretty much anywhere else in the United States.
#trump #tea #oil #energy #fyp
Europe is starting to drill for oil and gas again
Gasoline prices have dropped to their lowest levels in nearly five years and stand at around $2.90 per gallon on average as of Monday, according to data from GasBuddy, a company that tracks gas prices.
U.S. natural gas futures jumped above $5 per MMBtu, the highest level since December 2022, as traders expect colder-than-normal temperatures across the Lower 48 in the first half of December.
At a moment many European and NATO leaders are pushing back against Trump's peace plan for the Ukraine war, given it offers to cede large parts of the Donbass and Crimea to Russia, Hungarian Prime Minister Viktor Orbán is in Moscow on a warm and cor
Oil prices jumped in early Asian trade on Friday morning as markets responded to renewed Ukrainian attacks on Russia's energy infrastructure.
Nearly a third of Russia's current seaborne oil export potential is now stuck in tankers as the U.S. sanctions upend crude flows and Russia's top buyers, China and India, are still struggling to assess the implications of the sanctions, according
Labour's crackdown on oil and gas industry blamed for collapse of exploration in UK waters
The U.S. is increasing pressure on Hungary to cut off its reliance on Russian oil imports and vows to work with Hungarian authorities and neighboring countries to help Budapest wean off Russian supply, a senior U.S. diplomat says.
The truth is most Australians are skeptics
In a move to bolster national energy security, the Trump administration has begun the process of refilling the nation's emergency oil stockpile, taking advantage of a recent dip in global crude prices.
Big Coal's Big Comeback: Global use hits record high in 2024 – 'China has more coal fired power generation than any nation on earth'
Now, if gasoline prices hit $2-per-gallon or lower, imagine the disposable income consumers will enjoy.
It's a well-known fact that Moscow has a moral duty to supply subsidized energy to countries openly hostile to Russia, so why are gasoline-starved Russians complaining?
President Donald Trump announced on Oct. 15 that India has pledged to stop purchasing oil from Russia within a short period, a decision that would help cut off funding for Moscow's ongoing war in Ukraine.
...to All Current and Future Projects in Oil and Gold To Avoid Military Conflict
"This was something that should have been long operating and making billions of dollars for our country and supplying a lot of energy and minerals and everything else that we're talking about.
Chevron refinery in El Segundo engulfed by massive fire after explosion as blaze is seen across Los Angeles
