Biden’s energy chokehold lost us $150B of oil and gas
As summer driving season arrives, President Biden is once again shifting the blame for rising gas prices onto someone other than himself. First it was Trump, then it was Putin. And now, with gas prices still above $4 a gallon in many markets, Biden is blaming the “greed” of oil companies. He even wants to […]
OPEC+ to Extend Oil Production Cuts Through End of 2025 in Attempt to Keep Prices High
OPEC+, a coalition of OPEC member countries and allied oil producers, said on Sunday it would extend existing overall oil production limits until 2025 to keep oil prices from falling below desired levels. The cartel said some countries would extend production cuts according to different schedules, while one member, the United Arab Emirates (UAE), would […]
Fire breaks out at Russian oil refinery; deaths, injuries reported
A fire broke out at an oil refinery in northwestern Russia on Sunday, causing deaths and injuries, local authorities said. The governor said the fire was not the result of a Ukrainian drone strike and investigators have opened a criminal case of alleged negligence. Biden authorizes limited military strikes, Medvedev says Russia not ‘bluffing’ with […]
‘That Did Not Happen’: Doug Burgum Pushes Back On CBS Host After Asking About Claims Trump Sought Money From Oil Execs
Republican Gov. Doug Burgum of North Dakota on Sunday fired back at CBS host Margaret Brennan, who was questioning former President Donald Trump about allegations that he sought financial help from oil company executives during meetings with them to help fund his inauguration. Burgum appeared on “Face the Nation” to discuss his reaction to President […]
Vermont becomes first state to require oil companies to pay for climate change damage
Vermont, under its Republican governor, Phil Scott, will become the first state in the nation to require oil companies to pay compensation for the effects of climate change. The new bill becomes law Without his signature. The state’s Climate Superfund law is modeled after the federal Superfund law and seeks to impose penalties for emissions […]
Trump’s conviction, stocks May rally, oil merger mania, Costco’s update
Kenny Polcari, chief market strategist at SlateStone Wealth, joins “Varney & Co.” to discuss whether a guilty verdict for President Trump would have a long-term impact on the markets. – Former President Trump’s historic conviction -Stock prices end May on a positive note -The Fed’s favorite inflation indicator is released -Oil industry merger boom accelerates […]
Vermont Becomes First State to Force Oil Companies to Pay for ‘Climate Change’
Vermont’s Republican governor allowed his state to become the first to require oil companies to pay “climate change related costs” without his signature, passing the bill despite his own hesitations about the policy. 259 yearsThe bill passed by Gov. Phil Scott (R) on Thursday would establish a method for assessing liability for greenhouse gas-related costs […]
Feed your neighbors with sourdough pita and dipping oil
This week I interviewed James Walton, a prepper and children’s book author, for Align. Interestingly, when asked what he thought was the most important thing someone could do, right now To be better prepared for disasters, he said: “Engage your neighbors. Epidemic loneliness and the hollow world of digital stimulation have created a real thirst […]
Chamber Of Commerce, Big Oil Look To Protect Biden’s Climate Law From Possible Trump Repeal
The Chamber of Commerce and America’s leading oil and gas industry group are planning to protect parts of President Joe Biden’s signature climate change bill from repeal, according to Politico. of Chamber And that American Petroleum Institute (API) opposes the massive Inflation Reduction Act (IRA) before Biden signs it into law in 2022, both Organization […]
We Don’t Want to Be World’s Leading Oil, Gas Producer Forever
Speaking on Fox Business Network’s “Cavuto: Coast to Coast” on Tuesday, White House senior adviser Amos Hochstein said that while the U.S. is the world’s largest oil and gas producer, it doesn’t want that to continue forever, just for as long as it takes to transition to green energy. Hochstein said Biden “has created an […]