Browsing Tag
Oil
15 posts
At Current Rates of Consumption, the U.S. Has at Least Two Centuries of Oil, Report Says
Predictions that the U.S. and the world would run out of fossil fuels go back decades, and these predictions have so far turned out to be wrong. A new report shows the U.S. has 227 of oil, 130 years of gas, and 485 years of coal.
GOP Lawmakers Question Biden’s Depletion of Oil Reserves as China ‘Rapidly Strengthens Energy Ties’ With Russia
Republicans on the House Committee on Energy and Commerce have raised concerns about how the Biden administration’s oil reserve…
U.S.-Saudi Tensions Complicate Push for More Oil
Strained relations between Saudi Arabia and the United States are complicating efforts by the Biden administration to convince…
Treasury Secretary Predicts Whole Year Of ‘Very Uncomfortably High’ Inflation
Yellen noted that because both Russia and Ukraine are major wheat producers, the world has seen an impact on food prices amid the invasion, as well as a "very meaningful increase" in gas prices.
The 17 Lawmakers Who Voted Against the Russian Oil Ban
Although the U.S. has resisted calls for a no-fly zone, it has provided $1 billion to help Ukraine’s military over the past year — including Stinger anti-aircraft missile defense systems and Javelin anti-tank missiles.
White House Blames Russia for Record-High Gas Prices, Coining ‘#PutinPriceHike’
Americans are experiencing highest gas prices since 2008 financial crisis
Biden Redirects American Anger to “Putin’s Price Hike”
President Biden's announcement of a U.S. ban on Russian energy imports came loaded with two phrases he wants…
Biden Bans Russia Oil Imports to U.S., Warns Gasoline to Rise Further
Retail gasoline prices in the United States surged to an all-time record on Tuesday, with the average cost of a retail gallon of gasoline hitting $4.173
U.S., European Allies Discuss Banning Imports of Russian Oil
Blinken also stressed the importance of maintaining steady oil supplies globally.
Russia Involved in Plot to Help Iran Bust US Oil Sanctions
Sanctioned Russian ships ferrying illicit Iranian crude oil in new sanctions-busting scheme