Oil Archives - Page 6 of 8

G7 Leaders Struggle to Cope with Damage Caused by Green Energy Agenda

Leaders of the Group of Seven (G7) rich nations are struggling to cope with the damage caused by their green energy agenda. As damage from climate policies escalates, dissent within the ranks over the next steps is now emerging. Reality is starting to intrude on the G7’s ongoing campaign to…

Gas Prices Fall Below $4.90 a Gallon as Recession Fears Mount

Gas prices in the United States have fallen below $4.90 a gallon as fears of an upcoming recession continue to mount. As of Monday, the national average for a gallon of gasoline is $4.897, according to AAA. The price is down from the historic highs of over $5 a gallon seen…

Chevron CEO Slams Biden for Pushing ‘Political Rhetoric’ as American Families Suffer Soaring Gas Prices

The CEO of American multinational oil company Chevron, Michael Wirth, has slammed Democrat President Joe Biden for not doing enough to tackle soaring gas prices. Wirth sent a letter to the White House with a detailed proposal on how to lower gas prices. He was responding to a recent letter…

US Refiners Increase Heavy Crude Oil Imports as Biden Threatens Executive Action

The United States has increased imports of heavy crude oil as Democrat President Joe Biden threatens to use executive powers to force companies to help with soaring gas prices. Amid Western sanctions on Russia, Biden sent a letter earlier this week calling on U.S. energy producers to make more gasoline…

Chevron CEO Warns There May Never Be Another Oil Refinery Built in America Again

Chevron CEO Mike Wirth has warned that there may never be another oil refinery built in America again due to Democrat President Joe Biden's policies. Wirth said in a recent interview that government policies are a key reason why the oil industry cannot expand in the United States. His warning…

Biden Begs Oil Companies for Help, Threatens to Use ‘Emergency’ Powers If They Refuse

Democrat President Joe Biden is begging oil companies for their help in lowering gas prices while threatening to use his "emergency" powers against them if they refuse to comply. Biden sent desperate letters to the heads of seven oil companies: Marathon Petroleum Corp, Valero Energy Corp, ExxonMobil, Phillips 66, Chevron,…

Biden to Visit Saudi Arabia and Beg ‘Pariah’ to Pump More Oil after Shutting Down U.S Production

Democrat President Joe Biden has caved and will visit Saudi Arabia and Crown Prince Mohammed bin Salman to beg the kingdom to pump more oil. The move comes after the president has shut down domestic output, leading, in part, to soaring gas prices. As gas prices skyrocket to record highs…

Russia to Accept Bitcoin Payments for Oil and Gas Exports

A top Russian government official has just announced that Russia is to begin accepting payments in Bitcoin for its oil and gas exports. Pavel Zavalny, Chairman of the Committee of the State Duma of the Russian Federation on Energy, said that Russia will take Bitcoin while discussing how Russia might…

Democrat Senators Break with Biden over Energy: ‘Go Back to the Policies We Had Before’

Two high-profile Democrat senators are breaking with President Joe Biden and calling for a return to the domestic energy production policies of the Trump administration. Sens. Joe Manchin (D-WV) and Jon Tester (D-MT) have rejected the position of the Democratic Party and are calling for America to produce more oil…

Elise Stefanik Puts Pelosi on Notice: GOP Will ‘Take Back the House’ & ‘Unleash America’s Energy Dominance’

House Republican Conference Chairwoman Elise Stefanik has warned Democrat House Speaker Nancy Pelosi that the GOP is planning to take back control of Congress and "unleash America's energy dominance." Stefanik dropped the hammer on Democratic leadership over comments on record-breaking gas prices that are hitting regular Americans hard. House Democratic…