Israel and Saudi Arabia are on the itinerary. President Joe Biden will travel to the Middle East for a brief visit beginning Wednesday. Among other things, his trip…
Read MoreOil and gas production
President Biden to Visit Saudi Arabia This Month
He will stop in Israel first. President Biden will travel to Saudi Arabia later in July to participate in the summit of Gulf nations. World leaders, journalists, and…
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Tanker Stopped by U.S. in Transit from Russia to New Orleans
Ship was chartered by a commodities trader. United States authorities have stopped a ship traveling from Russia to the Port of New Orleans, Louisiana, with a cargo of…
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Energy Secretary Supports Use of Defense Production Act on Gas
She also urges states to implement gas tax holidays. Secretary of Energy Jennifer Granholm said the Defense Production Act is a “tool” the president’s administration can use to…
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Secretary Yellen Says Gas Tax Holiday Worth Considering
National average price per gallon exceeds $5. Treasury Secretary Janet Yellen said a federal gas tax holiday to ameliorate the burden of rising gas prices across the country…
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Secretary Granholm to Meet with Oil Executives
Seeking executive input for oil price solutions. In the letter President Biden wrote to oil executives on Wednesday, he stated that they should begin working with Energy Secretary…
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President Calls on Oil Companies to Increase Gas Output
Sent a letter to CEOs with expectations. President Biden told the CEOs of the nation’s major oil companies in a letter that he is considering invoking emergency powers…
Read MorePresident Slated for Middle East Trip in July
Israel, West Bank, and Saudi Arabia are on the itinerary. President Joe Biden plans to travel to the Middle East next month, making stops in Israel, the West…
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Interior Department Investing in Orphaned Wells
Hundreds of wells to be addressed in parks, forests, and wildlife refuges. Department of the Interior’s Bureau of Land Management has announced that the agency will invest in…
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Oil Smuggling Network Designated by U.S. Treasury
Estimated to be funneling hundreds of millions to militant Islamic terrorists. Last month, the Office of Foreign Assets Control (OFAC) within the U.S. Treasury Department designated an international…
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