Oil Archives - Slay News

California Regulators Propose Taking Control of Oil Refineries to Tackle Price Hikes amid Green Agenda Push

Regulators are proposing plans for the California government to take control of oil refineries to manage energy price hikes as the state pushes to advance green agenda policies. State officials have proposed a variety of government intrusions into the petroleum industry to combat future energy price surges. The proposals were…

Venezuela Deploys Military to Border with Oil-Rich Guyana

Venezuela has deployed thousands of military troops, tanks, missile-equipped patrol boats, and armored carriers to its border with Guyana. The socialist state is backing up its threats to annex part of Guyana and secure access to some of the world’s largest oil finds in more than a decade. The regime…

Biden Announces Most Restrictive Offshore Oil Drilling Plan in History

Democrat President Joe Biden has just unveiled new plans to impose massive restrictions on offshore oil drilling. According to the announcement, only three offshore drilling leases would be authorized over the next five years. It marks the lowest number in U.S. history. As part of the plan, "green" energy sources…

Biden Admin Caught Evading Wartime Sanctions by Buying Russian Oil

Democrat President Joe Biden's administration has been caught evading its own wartime sanctions to buy cheap oil from Russia. A new report from The Washington Post exposes the flow of "forbidden Russian oil" that is being facilitated by Biden's Department of Defense (DOD). The Post's exposé raises fresh concerns about…

Appeals Court Deals Another Major Blow to Biden’s Green Agenda

A federal appeals court panel has just dealt another devastating blow to Democrat President Joe Biden's green agenda. The 5th Circuit Court of Appeals ruled in favor of energy industry groups in an order requiring the Biden administration to hold a massive offshore oil and gas lease sale without eco…

Massive Petroleum Plant Explosion Triggers Evacuation in Texas

A massive explosion at a petroleum processing plant in Texas has caused authorities to evacuate residents and issue a shelter-in-place order for the surrounding area. Videos of the explosion show huge plumes of smoke billowing into the sky. Initial reports indicated that the building that exploded was a chemical plant.…

Trump Judge Blocks Biden’s Attempt to Restrict Oil & Gas Drilling in Gulf of Mexico

A President Donald Trump-appointed federal judge has blocked the Biden administration’s move to restrict oil and gas drilling in the Gulf of Mexico. Judge James Cain of the Western District of Louisiana struck down Democrat President Joe Biden’s last-minute restrictions on an upcoming offshore oil and gas lease sale. The…

America’s 3rd-Largest Oil Refinery Completely Destroyed by Massive Fire

A massive fire has completely destroyed an oil refinery in Garyville, Louisiana, according to reports. The fire at the Marathon Petroleum facility, the third largest in America, has been so devastating that officials say it will never reopen. The huge inferno erupted at the south Louisiana oil refinery on Friday…

America’s Strategic Petroleum Reserves Hit 40-Year Low under Biden

America’s emergency oil stockpiles have dropped to 40-year lows under Democrat President Joe Biden's mismanagement. The Strategic Petroleum Reserve (SPR) currently has 346.8 million barrels on hand. The stockpile is enough to supply about 18 days of activity in a crisis. Energy Secretary Jennifer Granholm had promised that the administration…

Inflation Woes Intensify as Saudi Arabia Slashes Oil Output

America's inflation woes are likely to intensify further after Saudi Arabia revealed in a surprise announcement that it is slashing oil output. On Sunday, the Saudis announced that the country is rolling out voluntary cuts to the Kingdom's oil production. Russia and other OPEC+ oil producers are joining Saudi Arabia…