Oil - Page 21

Oil reached $80 a barrel Friday, a seven-year-high that threatens to increase energy costs for millions of Americans at the gas pump and during the upcoming winter heating season.

The multi-trillion dollar price tag on what the Democrats are calling regular and human “infrastructure” bills is in the headlines, but if the legislation passes the change, it will bring will come at a cost to the American way of life.

The Iran-backed Houthi insurgents of Yemen, whose classification as terrorists was revoked by President Joe Biden in the early days of his administration, are closing in on the strategically vital city of Marib and its surrounding oil fields, leaving death, disease, and starvation in their wake.

President Joe Biden’s proposal to tax the oil and gas industries in the reconciliation bill would be costly to both the economy and in terms of job loss, an analysis by the American Petroleum Institute’s Energy Citizens initiative found.

The Saudis, Russians, and other members of the oil cartel have rejected President Joe Biden’s request that they produce more oil to lower U.S. gasoline prices.

The White House acknowledged Wednesday that President Joe Biden was not trying to increase domestic oil production to help lower gas prices. Jen Psaki argued that gas prices were higher than they were in 2020 but still around normal.

Hong Kong-registered China Concord Petroleum Company (CCPC) has become “a central player in the supply of sanctioned oil from Iran and Venezuela, even after it was blacklisted by Washington two years ago for handling Iranian crude,” according to a Reuters report on Thursday.

Left-wing Hollywood stars including Mark Ruffalo, Jane Fonda, Leonardo DiCaprio, Ed Helms, Danny Glover, and Rosanna Arquette are putting pressure on President Joe Biden to shut down the Enbridge Line 3 oil sands pipeline — as well as all “fossil fuel infrastructure expansion” — claiming it represents an “attack” on the climate and indigenous rights.

Iran’s oil revenue decreased by more than $100 billion from 2018 to 2021, Iran’s oil minister said on Sunday. Iranian Oil Minister Bijan Zanganeh stated in a report presented to Iran’s presidential office on June 20: In addition to US

LA AG Jeff Landry said a judge reinstating the leasing of public lands and waters for oil and gas production is “great news for America.”

K.T. McFarland noted how the Biden administration’s energy policies benefit Russia by driving up the price of oil in an interview on Friday’s edition of SiriusXM’s Breitbart News Daily with special guest host Joel Pollak.

Despite protests and President Biden’s war on pipelines oil and gas are flowing from Canada to the United States by record volumes.

Oil and gas in Ohio must be developed to create jobs for Ohioan families, Josh Mandel, GOP candidate for the U.S. Senate seat from Ohio, said.

Here’s a story to lift the spirits on World Environment Day: a woke clothing company getting totally roasted by an oil industry executive…

Wednesday, during an appearance on FNC’s “Your World,” Gov. Mike Dunleavy (R-AK) criticized President Joe Biden’s decision to suspend oil and gas leases in the Arctic National Wildlife Refuge.

A massive blaze broke out at an oil refinery in Iran’s capital on Wednesday evening, according to reports via the Islamic regime’s state media.

Experts say high demand from people eager to travel again and oil production ramping up combine to make gas prices the highest since 2014.

The Biden administration is consideing listing the lesser prairie chicken as endangered, which would threaten the U.S. oil and gas industry.

THE HAGUE, Netherlands (AP) – A Dutch court has ordered Royal Dutch Shell to cut its carbon emissions by net 45% by 2030 compared to 2019 levels in a landmark case brought by climate activist groups. The ruling Wednesday by

Former Secretary of State Mike Pompeo unleashed in an exclusive Breitbart News interview a blistering critique of what he views as President Joe Biden’s failed leadership of the United States, whereby the president has caused myriad domestic and international crises that threaten American leadership in the world and ordinary American families.

Operators of the Line 5 pipeline refused to shut down despite the order from Democrat Michigan Gov. Gretchen Whitmer to do so on Wednesday.

Energy Secretary Jennifer Granholm said if people drove electric cars, they would not be affected by the Colonial Pipeline shutdown.

The criminal hacking group that reportedly goes by the name DarkSide and attacked the largest gasoline pipeline in the United States has now put out an apology of sorts.

While the FBI and CIA are distracted with intersectionality and pronouns, an oil pipeline was hit with a devastating cyber-attack.

California Governor Gavin Newsom (D) announced Friday that he would end new permits for hydraulic fracturing (“fracking”) in 2024, and would ask state regulators to explore ways to end the extraction of oil entirely in the state by 2045.

A poll shows Americans see an oil and gas energy landscape for decades to come and trust the private sector over feds to solve problems.

LA AG Jeff Landry is leadibg a 13-state coalition in a lawsuit against the Biden administration for its attack on domestic energy production.

Traffic through the vital Suez Canal was blocked Wednesday when the MV Ever Given, one of the largest container ships in operation, turned sideways and ran aground.

On Monday’s broadcast of MSNBC’s “Rachel Maddow Show,” Senate Majority Leader Chuck Schumer (D-NY) praised the confirmation of Deb Haaland as Secretary of the Interior by stating that Haaland will “stop the rape of our great federal lands by the

Rep. Deb Haaland, nominated to run the Interior Department, defended joining protesters at the Dakota Access Pipeline in North Dakota.

Rep. Deb Haaland (D-NM) said on Tuesday at her confirmation hearing to be secretary of the Department of the Interior (DOI) that she had to “acknowledge” that Capitol Hill, which includes the U.S. Capitol and House and Senate office buildings, is on land belonging to Native Americans.

The Heartland Institute said AOC’s effort to help Texans during the recent deadly winter storm was a cover for promoting the Green New Deal.

Education officials from four western states and Alaska sent a letter to President Joe Biden this week to point out that banning oil and gas leases on federal lands not only hurts economies but takes away vital funding for schools.

The crash in U.S. oil production is growing worse as the deep freeze in Texas continues. Bloomberg News reported that it is has fallen by close to 40 percent

The image of energy-rich Texas is under challenge as a historic polar vortex slows or shuts down power sources like wind and natural gas.

Citing unnamed oil traders and company executives, Bloomberg reported that U.S. production has fallen by more than two million barrels.