Oil

Venezuela Deploys Military to Border with Oil-Rich Guyana

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…
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Biden Announces Most Restrictive Offshore Oil Drilling Plan in History

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…
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Biden Admin Caught Evading Wartime Sanctions by Buying Russian Oil

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

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…
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Massive Petroleum Plant Explosion Triggers Evacuation in Texas

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

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…
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Inflation Woes Intensify as Saudi Arabia Slashes Oil Output

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…
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