Oil - Page 19

On Thursday’s “Pod Save America,” White House Chief of Staff Ron Klain argued that sanctioning Russia’s oil and gas would make it difficult to keep the coalition the U.S. has assembled to sanction Russia together, and “The unity is what

On Thursday’s broadcast of MSNBC’s “Andrea Mitchell Reports,” Sens. Mark Warner (D-VA) and Jeanne Shaheen (D-NH) argued that oil companies are not producing as much as oil as they could to keep the price high and these companies need to increase

On Thursday’s broadcast of MSNBC’s “MTP Daily,” Senate Foreign Relations Committee Chairman Sen. Bob Menendez (D-NJ) said he thinks the U.S. should impose an embargo on Russian oil, but whether U.S. oil production should be increased to make up for

The EIA released its Annual Energy Outlook 2022 on Thursday that concluded that oil and gas will be the most consumed energy through 2050.

This week saw the introduction of a new phenomenon in international relations: canceling an entire country. But the global effort to cancel Russia is a big boon to the communists who still rule China.

Job Creators Network CEO Alfredo Ortiz said Wednesday on Fox Business Network’s “Varney & Company” that his organization put up a billboard in Time Square urging President Joe Biden to stop Russian oil imports.

On Wednesday’s broadcast of CNN’s “The Lead,” House Armed Services Committee Chairman Rep. Adam Smith (D-WA) said he supports banning imports of oil from Russia and that “we’ve got to be ready for the fact that will drive up oil

President Biden said his policies would “blunt” high gas prices. The oil market does not think that’s going to work.

A small business owner in Pennsylvania spoke to reporters about the struggles of operations like his under the Biden presidency.

On West Virginia MetroNews’ “Talkline with Hoppy Kercheval” on Tuesday, Sen. Joe Manchin (D-WV) called for a ban on all products from Russia, including petroleum products, in order for the U.S. to lead by example in pressuring Russia, argued that

A big surge despite the announcement of a big strategic reserve release.

During an interview with CBS on Monday, Transportation Secretary Pete Buttigieg responded to a question on whether the administration believes the U.S. should drill for more oil to deal with high gas prices by stating that President Biden has taken

NPR suggested that if the U.S. lifting sanctions on Iran’s oil operations it could help lessen the cost of energy for U.S. consumers.

The Communist Party of Cuba, the Sandinista dictatorship of Nicaragua, and socialist Venezuela have expressed effusive support for Russia and its “legitimate security” interests in the past week in response to Vladimir Putin’s decision to begin a full military assault on Ukraine.

On Monday’s broadcast of the Fox Business Network’s “Cavuto: Coast to Coast,” Alaska Gov. Mike Dunleavy (R) stated that Alaska is ready to do its part in helping the U.S. reduce its dependence on foreign energy if the Biden administration

Oil prices surged as fighting continued in Ukraine.

Rep. Brad Sherman (D-CA), who boasted of his push to ban domestic oil and gas drilling in 2019, suffered a major backlash online after he called upon the government of Saudi Arabia to supply “more oil” or be held accountable for the deaths of Ukrainians.

During an interview with MSNBC on Saturday, Rep. Brad Sherman (D-CA) stated that the personal sanctions the Biden administration has levied against Vladimir Putin and other Russian officials are a P.R. move that won’t make a difference in Russia’s actions,

On Friday’s broadcast of the Fox Business Network’s “Fox Business Tonight,” Rep. Darrell Issa (R-CA) reacted to the White House’s announcement that they will impose personal sanctions on Putin by stating that “sanctions don’t work after somebody’s done something. You can’t

On Friday’s broadcast of the Fox Business Network’s “Maria Bartiromo’s Wall Street,” House Minority Whip Rep. Steve Scalise (R-LA) stated that President Joe Biden’s sanctions against Russia have been late reactions after allowing “Putin to move for months” and denying

Russia’s state-run Sputnik News reported on Friday that Moscow is preparing ostensibly devastating retaliatory sanctions that will be “well-calculated and painful for the American side.”

Still stung by the last boom and bust cycle, and wary of Green New Deal-style anti-fossil fuel rules, U.S. oil producers remain hesitant to expand production.

Rep. Josh Hawley said that instead of shutting down domestic production of oil and gas, President Biden should ramp up fossil fuel operations across the country.

On Thursday’s broadcast of the Fox News Channel’s “Your World,” Sen. Chris Van Hollen (D-MD) said that he doesn’t regret the shutdown of the Keystone XL pipeline, argued that “slower oil and gas production here had nothing to do with President Biden’s policies.” And said that while oil and gas production will continue as they should, “we also need to do what President Biden wants to do, which is, over time, reduce our reliance on oil and gas. Because, obviously, it’s a world market. … Russia has an important share of that.”

On Thursday’s broadcast of “CBS Evening News,” Secretary of State Antony Blinken responded to a question on whether the United States will cut off purchases of oil and gas from Russia over its invasion of Ukraine by stating that we’re

The international coordinated release of strategic reserves last year failed to keep prices down. But President Biden wants to do it again anyway.

President Joe Biden’s energy policies are driving up oil prices, which will result in Americans paying the most for gasoline in nine years.

It’s like someone has put a neon sign flashing #BIDENFLATION on the White House lawn and the Biden’s are scrambling to pull the plug.

On Monday’s “CNN Newsroom,” Rep. John Garamendi (D-CA) called for “immediate” Congressional hearings in both the House and the Senate on the profitability of the oil industry because “There is clearly price gouging” by the oil industry, and stated while

The California Democrat party decided on Sunday it won’t accept campaign contributions from some fossil fuel entities and some police.

Arab oil ministers agreed over the weekend that OPEC+ should keep to the production schedule set out three weeks ago.

Vice President Kamala Harris acknowledged Americans would face higher energy costs in the event of Russian President Vladimir Putin sending troops into the Ukraine, citing the punishing sanctions prepared for when it happened.

A combination of high taxes and constrained supply sees petrol at £1.48 a litre ($7.60 a U.S. gallon) for the first time. 

“If 2008 was a financial crisis, this is a molecule crisis,” Goldman’s Jeff Currie said. “We are out of everything. I don’t care if it’s oil, gas, coal, copper, aluminum, you name it we’re out of it.”

Gasoline prices have surged higher as winter weather has enveloped much of the U.S. and escalating tensions with Russia have helped push up the price of oil. The price of Brent, the global benchmark fell by nearly half a percentage

Despite the pressure from climate change activists in the federal government and the private sector to cut back on drilling for oil, the price for fossil fuels is the highest since 2014.