Oil

U.S. Oil Slips Below $100 a Barrel as Iran Talks in Qatar Raise Hopes of a Deal

U.S. crude fell more than 4% to under $100 a barrel Monday as Iranian talks with Qatari mediators raised hopes…

2 days ago

Oil Tops $115 After Houthis Claim Strike on Saudi Arabia’s Largest Refinery

Brent crude rose above $115 a barrel Wednesday after Yemen's Houthis said they hit Saudi Arabia's Ras Tanura refinery with…

1 week ago

Trump Moves to Scrap Biden Methane Rule, Says Change Saves $45 Billion

At a Texas rally, Trump said his administration is terminating Biden-era methane limits on oil and gas drilling, pitching the…

1 week ago

Trump and Rubio to Showcase Venezuelan Oil Tanker on Texas Campaign Swing

President Trump and Secretary of State Marco Rubio plan to visit a tanker of Venezuelan crude in Port Arthur on…

1 week ago

Trump Administration Tells California to Drop Offshore Drilling Opposition or Lose Coastal Funding

A draft federal review accuses California coastal regulators of political bias against offshore drilling and SpaceX, and suspends funding for…

2 weeks ago

Ouch! Oil Companies Unload On Biden After His Thinly-Veiled Threats

Oil companies responded in force after President Joe Biden threatened executive action over U.S. refinery capacity declines. “Following on your…

4 years ago

Dems Trot Out Debunked Talking Point To Justify Forcing Big Oil To Walk The Plank

Democrats on the House Energy and Commerce Committee blamed oil corporations for high gas prices, saying the industry should boost…

5 years ago

Biden Asks Congress to Punish Oil Companies Not Drilling More

President Joe Biden asked Congress to hit oil companies with fines for not producing energy on permitted leases as part…

5 years ago

Big Oil Thumbs Nose At Democrats, CEOs Decline Price Gouging Hearing Invitation

Three major U.S. fossil fuel companies rejected an invitation from House Democrats to testify at an April hearing on whether…

5 years ago

Oil Industry Report Warns Of Massive Job Losses From Biden’s Anti-Drilling Agenda

The Biden administration’s failure to pursue a plan for offshore oil and gas leasing will have long-term impacts on American…

5 years ago

With Gas Prices at Historic Highs, Biden’s Budget Raises Taxes on Energy Production

President Joe Biden’s budget proposes to scrap more than $45 billion in fossil fuel subsidies, his administration’s latest attack on…

5 years ago

Trump Was Personally Committed To Expanding US Oil, Gas Drilling, Former Interior Secretary Zinke Says

Former President Donald Trump played an active role in kickstarting U.S. oil and gas development during his tenure, according to…

5 years ago

Biden Admin Admits Not Resuming Oil, Gas Leasing Despite Reports

The Biden administration backtracked on reports that it is resuming the federal oil and gas leasing program in light of…

5 years ago

Biden Administration’s Offshore Oil Leasing Policy Will Crush American Energy Security, Experts Say

The Biden administration’s policy on offshore oil and gas drilling leasing has set U.S. energy security back and could lead…

5 years ago

Appeals Court Reinstates Biden Climate Policy, Opening Door For More Regulation

A federal appeals panel nixed a lower court ruling late Wednesday, reinstating a key White House climate policy implemented shortly…

5 years ago