API

API said Biden nixed invites from U.S. oil and gas leaders to visit domestic sites, instead visiting Saudi Arabia to get more fossil fuels.

Stakeholders are responding to threats Joe Biden made in a letter to fossil fuel executives charging them with putting profit above Americans.

Joe Biden shuts down offshore oil and gas production while tapping the Strategic Petroleum Reserve to provide fossil fuels to U.S. consumers.

Critics say that Biden’s release of oil from the Strategic Reserve is only a temporary fix and won’t reduce the ongoing rise of gas prices at the pump.

The Western Energy Alliance filed suit on Wednesday challenging President Biden’s executive order to halt drilling leases on federal land.

Biden said he would “make sure” “fracking” for oil and natural gas will be “eliminated” while also saying he would not ban the practice.

President Donald Trump lauded the “revolution in American energy” under his administration in his State of the Union address on Tuesday.

Instagram has reportedly begun cutting off developers access to the app’s API — the set of tools third-party programs use to communicate with the platform — as Facebook attempts to clamp down on privacy issues.

Stakeholders are weighing in on the Nebraska Public Service Commission’s announcement on Monday that it will permit the completion of the Keystone XL pipeline in the state.

The American Petroleum Institute is reporting a 62 percent increase in wells drilled and completed in the second quarter of 2017 compared to the same period in 2016.

TEL AVIV – Jordan’s Foreign Minister said Saturday that Arab countries would ensure Israel’s security in a future peace deal with the Palestinians as long as it withdraws from the West Bank.

The Renewable Fuel Standard (RFS)—also known as the ethanol mandate—was passed by Congress in 2005 and expanded in 2007. Regardless of market conditions, it required ever-increasing quantities of biofuel be blended into the nation’s gasoline supply—though the Environmental Protection Agency (EPA) does have the flexibility to make some adjustments based on conditions, such as availability and infrastructure. At the time of its passage, it was unfathomable that a decade later Americans would be consuming less gasoline, not more.

The California State Board of Equalization voted unanimously Tuesday to reduce the state’s excise tax on gasoline by six cents, although consumers are unlikely to see the tax reduction reflected in prices at the pumps.