Persian Gulf oil exports have also returned to near pre-war levels. The USS Theodore Roosevelt group and the Makin Island Amphibious Ready Group have departed the United States…
Read MoreOil Refineries
Treasury Secretary Provides Update on Operation Economic Outcast
He projected that the Iranian regime will make its final oil delivery to China within two weeks. Treasury Secretary Scott Bessent stated that his department’s Operation Economic Outcast…
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White House Announces President’s Venezuelan Oil Investment Deal
The deal will give the United States majority control of over 65 billion barrels of oil. The White House announced that President Donald Trump has secured a massive…
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DOE Releases Oil from Strategic Reserve to Address Gulf Coast Supply Disruption
Exchange with ExxonMobil seeks to stabilize fuel availability amid refinery slowdown The U.S. Department of Energy (DOE) recently approved the temporary exchange of up to 1 million barrels…
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EPA Allows Expansion of E15 to Year-Round in Midwest
Administrator Zeldin says the EPA seeks to accommodate states not ready to implement the change. The Environmental Protection Agency (EPA) announced will maintain its April 28, 2025, start…
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Department of Energy Seeks to Ease Gas Prices
The Department of Energy awarded oil sales contracts ahead of the summer and distributes 42 million gallons of gasoline to keep prices from surging. Recently, the Department of…
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EPA Waives Fuel Rule After Indiana Refinery Fire
The summer fuel mandate was removed in four states to compensate for the loss. The Environmental Protection Agency (EPA) issued an emergency waiver last week, lifting the Clean…
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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…
Read MorePresident 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…
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