World
Iranian drone strikes oil tanker as gas hits new high in conflict; Trump warns hesitant alliesIran struck a fully loaded Kuwaiti oil tanker off the Dubai coast on Tuesday, according to multiple reports, as global gas prices continue to climb. An Iranian drone hit the vessel shortly after midnight local time, and the… Read More
Government
California ‘engineered the conditions’ for gas crisis hammering state harder than nationFollowing Operation Epic Fury, supply chain disruptions have ricocheted across the market and hiked gas costs for the average American – with Californians paying the prettiest penny at the pump. Though AAA data shows the… Read More
World
Cuba goes dark after power grid collapseCuba’s power grid suffered a complete collapse Monday, leaving around 10 million people without electricity. The nation’s grid operator, Unión Eléctrica, announced the news on social media and said it would continue providing updates as it… Read More
Opinion
US energy realism pays off in Iran crisis(The Daily Signal) – The Iran war has exposed the fragility of much of the world’s energy system. Years of political theater disguised as climate policy—demonizing fossil fuels and glorifying… Read More
World
Venezuela opens oil to private investors(Daily Caller News Foundation) – Venezuela’s government on Thursday approved opening the country’s oil sector to private investors. This move ended decades of state control over the oil industry after… Read More
World
America poised to be ‘master of the hemisphere’ after Trump’s Maduro takedown, energy experts say(Daily Caller News Foundation) – After President Donald Trump’s removal of Venezuelan socialist dictator Nicolás Maduro, the U.S. has emerged as the “master of the hemisphere” and is positioned to… Read More
World
Trump ratchets up pressure on key partner for buying Russian oil(Daily Caller News Foundation) – President Donald Trump followed through on his promise to implement 50% tariffs on India as punishment for continuing to purchase Russian oil and gas. The… Read More
World
Carrot and stick: Treasury slaps Iran with new oil sanctions as Trump promises ‘more hopeful future’(Daily Caller News Foundation) – The Treasury Department slapped fresh sanctions on the Iranian oil sector on Tuesday as President Donald Trump is eyeing a potential nuclear deal with the… Read More
Government
Trump expands Gulf of America oil and natural gas production(The Center Square) – Reversing Biden administration policies that halted offshore leasing, prompting lawsuits and restricting oil and natural gas development, the Trump administration is expanding offshore capabilities. Interior Secretary… Read More
Culture
Energy giant backpedals on ‘green goals,’ doubles down on oil and gas(Daily Caller News Foundation) – European energy company BP announced Wednesday that it is cutting back on green energy goals and is instead refocusing on investing in oil and gas. Read More
Energy
Critics raise concerns about Strategic Petroleum Reserves’ decline(The Center Square) – Lawmakers are raising concerns that the Strategic Petroleum Reserve, which President Joe Biden has relied on heavily since taking office, is getting dangerously low. Gas prices… Read More
Biden administration, Energy
Oil and Gas groups rally around Republican energy bill(The Center Square) – Oil and gas companies from around the nation are rallying to support a Republican effort to lower elevated energy costs and free up the industry. The… Read More
State Government
Illinois drivers can expect two gas tax increases in 2023(The Center Square) – Illinois drivers will see increased gasoline taxes next month, with another increase six months after that. Motor fuel prices in Illinois are down nearly 70 cents… Read More
Biden administration
Biden’s alleged ‘secret deal’ with Saudi Arabia oil leaders under scrutiny(The Center Square) – President Joe Biden raised eyebrows for his decision to drain the strategic petroleum reserve this year, but now lawmakers say Biden made a deal with Saudi… Read More
Gas Prices
With states hamstrung by federal policies, Texas leads nation in oil and natural gas production, job creation(The Center Square) – Gas prices remain high and projected diesel shortages are expected, but they’d be worse if Texas’ workforce weren’t producing the bulk of America’s energy supply, Gov. Read More
Gas Prices
Polls show gas prices are top concern for midterm voters with increase looming(The Center Square) — New polling shows that gas prices are a top concern for voters these midterms as those prices are poised to rise in the coming weeks. Convention… Read More
National
Business organizations urge Biden administration to boost domestic energy production(The Center Square) — Business leaders across the country have joined together to call on the Biden administration to boost domestic energy production and to abandon a proposal to ban… Read More
National
Activists protesting oil industry use products only made possible by petroleum, energy insiders note(The Center Square) – At a recent charity event held by J.P. Morgan Chase in San Francisco, activists attempted to “take over” by protesting the financing of the oil and… Read More
Courts
Judge issues permanent injunction on Biden ban on new oil and gas leasing on federal lands, waters(The Center Square) – A federal judge sided with Louisiana Attorney General Jeff Landry and 12 other plaintiff states in a Louisiana-led lawsuit, issuing a permanent injunction against the Biden… Read More
Biden administration
Abbott: EPA’s attack on Permian Basin oil drilling ‘illogical and flawed’(The Center Square) – Texas Gov. Greg Abbott on Tuesday criticized President Joe Biden’s “ongoing attack on the Permian Basin,” the most prolific shale oil basin in the U.S. located… Read More
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