The Radical Plans To Counter High Oil Prices

The Radical Plans To Counter High Oil Prices By Alex Kimani of OilPrice.com The latest OPEC+ output cuts for November mean it’s back to the drawing board for the White House and a...

Industry Insiders On Real Story Behind High Gas Prices: Structural Problems, Hostile Policies, And Inaction

Industry Insiders On Real Story Behind High Gas Prices: Structural Problems, Hostile Policies, And Inaction Authored by Allen Zhong via The Epoch Times (emphasis ours), High gas...

Finally, some good California gas price news (really!)

The world's leading oil producers announced plans yesterday to cut production by 2 million barrels per day. California’s supply has been squeezed over the last month due, in part, to six oil...

Factbox-Biden's fraught options to counter OPEC+, rein in consumer energy prices

WASHINGTON - U.S. President Joe Biden this week called on his administration and Congress to explore ways to boost American energy production and reduce OPEC+'s control over energy prices after...

War Breaks Out As "OPEC+ Takes On The Entire West"

War Breaks Out As "OPEC+ Takes On The Entire West" This time, it's war. One day after we wrote that "OPEC Is Taking On The Fed", the oil cartel did just that when it announced that it...

Varney: Biden's energy failure has 'really bad consequences'

During his "My Take" Thursday, "Varney & Co." host Stuart Varney discussed the effects of Biden's energy failures, arguing the president would rather strike oil deals with foreign dictators than...

"OPEC's Action Is Testimony To A Staggering US Geopolitical And Geoeconomic Error"

"OPEC's Action Is Testimony To A Staggering US Geopolitical And Geoeconomic Error" By Michael Every of Rabobank Yesterday was all about oil, geopolitics, and geostrategic errors; and,...

Finally, some good California gas price news (really!)

The world's leading oil producers announced plans yesterday to cut production by 2 million barrels per day. California’s supply has been squeezed over the last month due, in part, to six oil...

Here are the five things you need to know about Thursday's trading

JOBLESS CLAIMS: The Labor Department will release its tally of new claims for unemployment benefits for last week. The report is likely to show a tight labor market that’s starting to cool....

Houthis Warn Oil Firms To Leave Saudi Arabia And The UAE

Houthis Warn Oil Firms To Leave Saudi Arabia And The UAE Authored by Michael Kern via OilPrice.com, Yemen's Houthis have warned oil companies operating in Saudi Arabia and the United...

Biden admin to allow more pumping of oil rated among world's dirtiest

The Biden administration is reportedly gearing up to wind down sanctions against Venezuela’s authoritarian regime, clearing the way for Chevron to resume its oil operations and reopen U.S. and...

Explainer-What is NOPEC, the U.S. bill to pressure the OPEC+ oil group?

By Timothy Gardner WASHINGTON - U.S. legislation that could open members of oil producing group OPEC+ to antitrust lawsuits has emerged as a possible tool to tackle high fuel prices, after the...

US oil industry mocks Biden after OPEC+ announces production cuts

The US Oil & Gas Association mocked President Biden on Wednesday for seemingly having no other options to counter rising gas prices than turning to the U.S. oil industry his administration has...

96-cent hike in two weeks: California gas prices shrouded in secrecy amid historic cost spike

Gas prices in California reached $6.41 a gallon on Tuesday – a dizzying 96-cent increase over the past two weeks. Gov. Gavin Newsom is quick to blame the oil industry for “ripping you off.” But...

Oil Jumps on OPEC+ 'Deep Cut'; Biden Hints at More SPR Release

By Barani Krishnan Investing.com -- Oil prices jumped for a third day in a row as OPEC+ announced what was billed as a “deep” production cut, only that the so-called reduction of 2 million barrels...

Oil Jumps on OPEC+ 'Deep Cut'; Biden Hints at More SPR Releases

By Barani Krishnan Investing.com -- Oil prices jumped for a third day in a row as OPEC+ announced what was billed as a “deep” production cut, only that the so-called reduction of 2 million barrels...

California gas prices pushing up national average

Gas prices in California are heading painfully higher once again, sending the national average up for the second straight week to over $3.80 per gallon. The average price for a gallon of gas in...

GOP and Dems agree Biden needs to stop relying on foreign oil

Congressional lawmakers criticized the United States's continued reliance on foreign energy Wednesday after the Organization of the Petroleum Exporting Countries agreed to slash oil...

96-cent hike in two weeks: California gas prices shrouded in secrecy amid historic cost spike

The California Energy Commission, the state’s main energy policy body, can’t fully explain what is behind the punishing hike. “I wouldn't even call it flying blind,” Severin Borenstein an energy...

Americans should prepare for gas prices to keep rising, analysts warn

American consumers should expect gasoline prices to keep surging as a result of various domestic and global factors, according to energy analysts who spoke with FOX Business. Major petroleum...

Oil, gas prices elevated ahead of key OPEC+ meeting

Oil and gas prices are elevated ahead of a key meeting by OPEC+ that could potentially see the organization cut production by a million barrels per day. Oil has climbed over 3% on Tuesday, pushing...

US oil industry leaders call on Biden to take export ban off the table

Executives from the American Petroleum Institute and American Fuel and Petrochemical Manufacturers wrote a letter to Energy Secretary Jennifer Granholm on Tuesday, urging the Biden administration...

Oil, gas prices elevated ahead of key OPEC+ meeting

Oil and gas prices are elevated ahead of a key meeting by OPEC+ that could potentially see the organization cut production by a million barrels per day. Oil has climbed over 3% on Tuesday, pushing...

Oil, gas prices elevated ahead of key OPEC+ meeting

Oil and gas prices are elevated ahead of a key meeting by OPEC+ that could potentially see the organization cut production by a million barrels per day. Oil has climbed over 3% on Tuesday, pushing...

As gas prices rise, Biden administration puts oil companies on notice

Oil Traders Are Cashing In on Volatile Markets

Oil traders, including the trading desks of the big oil companies, continue to trade in Russian hydrocarbons and are making extraordinary profits.

Gov. Newsom To Lower Gas-Prices With Gas Tax-Hikes

Gov. Newsom To Lower Gas-Prices With Gas Tax-Hikes Authored by Daniel Greenfield via FrontPageMag.com, How stupid do you have to be to believe this? I don’t know. But in my brief...

Gas in Los Angeles County hits record high of $6.467 a gallon

Gas in Los Angeles County hits record high of $6.467 a gallon. California has seen the steepest gas price increases in the United States. Only Alaska comes close, with a 54-cent increase during...

Gas prices hit record highs in Los Angeles, Orange, Riverside counties

Gasoline prices hit record highs overnight in Los Angeles and Riverside counties. It’s a record that no one wanted to see broken, except perhaps oil companies and gas station owners. It was the...

High court rejects Russian company's dispute with Ukraine

WASHINGTON (AP) — The Supreme Court is siding with a Russian oil company in a dispute with Ukraine worth millions, a win for the company as Russia continues to wage war in Ukraine.The justices...

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