Trump Administration Reopens Vast Federal Lands for Oil and Gas Drilling: A Boon for Affordable Energy
President Trump's Interior Department has reopened 625 million acres of federal lands and waters for oil and gas drilling, reversing ...
Tag: Oil
Trump Vows to Refill Strategic Petroleum Reserve “Right to the Top” as China Tanker Rates Soar
(Zero Hedge)—For much of the past year, oil traders were desperate to find a bullish thesis. Now, in the span ...
Texas Oil, Natural Gas Industry Breaks Record: $27.3 Billion Paid in Taxes, Royalties
(Just The News)—The Texas oil and natural gas industry broke multiple records in fiscal 2024, including paying a record $27.3 ...
WINNING: China to Shun Iranian Oil on Mounting Trump Sanction Fears
(Zero Hedge)—After years of abusing Iranian sanctions and flooding China's economy with cheap Iranian oil, China’s larger independent refiners are ...
Goldman Says War Risk Premium Is Missing From Oil Markets
(Zero Hedge)—Israeli Prime Minister Benjamin Netanyahu addressed the UN General Assembly in New York this week, stating that Israel has ...
The Weaponization of Crude Could Trigger the Next Financial Shock
(Zero Hedge)—Since Hamas launched a brutal terrorist attack on Israel on October 7 - and the resulting invasion of Gaza ...
Russian Oil No Longer Sells at a Discount as Nobody Complies With Western Sanctions
(Zero Hedge)—Remember when, in the immediate aftermath of the Ukraine war, Russian oil immediately traded down to a discount of ...
End of Dollar’s Hegemony: Russian Oil Giant Now Using Yuan and Rubles for Export Settlements
(Natural News)—Russian oil producer Gazprom Neft, a subsidiary of energy giant Gazprom is now conducting crude trade with foreign partners ...
10 Numbers Which Prove That the U.S. Economy Has Hit a Major Pivot Point
(The Economic Collapse Blog)—During the summer, many of the experts repeatedly assured us that the U.S. economy would be able ...
Biden Is Destroying the U.S. Fossil Fuel Industry and Handing Over Refining Market to “Dirty” China
Those who "lead" the governments of the United States and many European countries are deliberately cutting off their respective nations' ...