The decisions last week by Saudi Arabia to continue its 1 million barrel per day (bpd) production cut to the end of this year and by Russia to extend its 300,000 barrels per day export cut for the same period conspired to push oil prices to their highest level since last November…
SHOT: Biden Cancels Previously Issued ANWR Oil and Gas Leases in Alaska…
24 hours before Joe Biden announced he was cancelling all previously issued oil and gas leases in Alaska’s ANWR region, Saudi Arabia and Russia announced oil production limits would continue. Oil prices spiked near $100/bbl and then Joe Biden amplifies the problem by cancelling previously sold oil and gas leases…
CHASER: Oil Prices Surge After Saudi Arabia and Russia Announce Extended Oil Production Cuts Through End of 2023…
Oil prices shot passed $90/bbl today after Saudi Arabia and then Russia announced a continuance of production cuts through the end of this year…
Goldman Sachs CEO David Solomon Sparks Fury from Activists After ‘Calling the fossil fuel divestment movement “STUPID”‘…
Being called “Stupid” is being kind when describing the silliness, shortsightedness, petulance of divesting from fossil fuels in the U.S….
Right, OilPrice.com, Wind Power Is Unprofitable…
A recent article at OilPrice.com explains how wind power is unprofitable, going into detail on some of the economic hurdles that industrial wind power development has encountered…
Russian Oil Finds ‘Wide Open’ Back Door to Europe…
Middlemen are cashing in as Russian crude finds indirect routes to the European market, politicians and industry insiders allege…
Exxon Posts Record $56 Billion in Profits — But Keeps Gouging Consumers…
ExxonMobil on Tuesday joined other U.S. oil companies in reporting record 2022 earnings amid rising gas prices, sparking renewed calls by consumer and climate advocates for a Big Oil windfall profits tax…
Watch Closely – Mexico Releases Agenda for North American Leadership Summit, January 10th Mexico City…
In the background of international geopolitics and all things economically attached, the larger climate change agenda, the Build Back Better program, has been unfolding…
Biden’s War on Fossil Fuels: EPA Quadruples Regulatory Cost of Carbon Emissions…
Social Cost of Carbon estimate jumps from $51 to $190 per metric ton, creating future impact for Americans’ wallets and a new headache for the oil and gas industries…
Tucker Carlson Nails It Citing the Real Source of U.S. Inflation, Biden Energy Policy…
The Thanksgiving Holiday has now passed, but I’m certain when you went to buy your bird along with all of the fixins you noticed a sizeable increase in costs. Look no further than the occupant in the White House and his sycophants who are pretending to be ‘servants of the people.’…